About multi-time frame trading# Stock
d*a
1 楼
Trading is a tough job. Basically, no indicator will work all the time.
Period. KE indicators are subject to same drawbacks. It is a balance of
sensitivity v.s. security. In order to reduce risks, multi-timeframe
corrections are needed. The concept is simple. The directional trading
signal will be generated from one time frame, say daily data. Whereas the
real entry points are created using say hourly data. Therefore, even if the
daily signal is wrong, you have a better chance to exit.
Multi-timeframe trading becomes tedious to track by human being. It is more
suitable for computer aided trading. You can pick one of the exising
platforms, such as Ninja Trader to implement this.
Just thought sharing some of my experience.
Period. KE indicators are subject to same drawbacks. It is a balance of
sensitivity v.s. security. In order to reduce risks, multi-timeframe
corrections are needed. The concept is simple. The directional trading
signal will be generated from one time frame, say daily data. Whereas the
real entry points are created using say hourly data. Therefore, even if the
daily signal is wrong, you have a better chance to exit.
Multi-timeframe trading becomes tedious to track by human being. It is more
suitable for computer aided trading. You can pick one of the exising
platforms, such as Ninja Trader to implement this.
Just thought sharing some of my experience.
