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MULTIPLE Time Frame Trading Strategy (Backtested)
Looking for a winning multiple timeframe trading strategy? Look no further! In this video, we'll teach you how to create a trading strategy using different timeframes and provide an example with specific trading rules and backtested results.
If you're new to multiple timeframe trading, let's define what it means. Essentially, it's a method of analyzing an asset's price chart in different timeframes to determine the best time to take a position and when to exit the trade. For instance, you can use a weekly timeframe to identify the longer trend, daily bars to find the medium trend, and an intraday timeframe to make the entry.
Our main idea is to trade with the long-term trend while entering on short-term pullbacks. There are different ways to approach multiple timeframe trading, but this method has proven to be a standout in short-term trading. By combining different timeframes in your analysis, you'll have a better chance of making profitable trading decisions.
So, let's dive into the trading rules we've developed for our strategy. We'll also share some trading statistics and performance metrics to give you an idea of how this strategy has performed in the past.
Ready to start trading with a winning multiple timeframe trading strategy? Watch the video to learn more!
#multipletimeframe #tradingstrategy #stockmarket #forextrading #technicalanalysis #daytrading #swingtrading #investing #tradingtips #financialmarkets
You can read more about it here:
https://www.quantifiedstrategies.com/multiple-timeframe-strategy
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