Stock Indices Trade Price with Different Chart Time frames
Example of Different Indices Chart Time Frames
Indices traders using technical analysis use stock indices charts to try & attempt to predict the movement of stock indices price on the stock indices charts.
Traders will sometimes use two or more indices chart time frames so as to figure out the long term indices trend & short term indices trend.
How to Define A Indices Price Trend
Using a stock indices trading system that has 3 indicators - MA Crossover System, RSI & MACD & using simple trading guide-lines to define the indices trend. The trading rules are:
Up-wards Indices Trend
Both MAs Moving Up
RSI above 50
MACD Above Center Line
Downwards Stock Indices Trend
Both MAs Moving Down
RSI below 50
MACD Below Centerline
The indices traders using different chart timeframes will need to testout various indices chart time frames so as to figure out the best chart time frame for them to trade.
Multiple charts timeframes analysis equals using two chart timeframes to trade stock indices - a shorter one used for trading and a longer one to check Indices trend.
Since it's always good to follow the trend, in Multiple Timeframe Analysis, the longer time frame gives us the direction of the long-term trend.
5 Min Indices Chart Time Frame
Stock Indices Trade Price with Different Chart Time frames? - Trading on Multiple Charts
1 Hour Indices Chart Time Frame
Stock Indices Trade Price with Different Chart Time Frames?
4 H Indices Chart Time Frame
Stock Indices Trade Price with Different Chart Time Frames?
Weekly Indices Chart Time Frame
Stock Indices Trade Price with Different Chart Time Frames?