Multi Time Frame Analysis for Spot and Binary Options
This is a continuation of my project Market Scanner Appliion (Link). So some parts will skip here and mostly focus on the following W's.
What: This is a well recognised and approved concept of Multiple Time Frame Analysis.
1. We select our instrument.
2. We play Multiple Time Frame Analysis for the instrument or to get its group of co-related pairs/instruments.
3. We've got 3 sets of technicals, A. Trend (string of moving averages), B. Volatility (please google if you're not sure. C. Decider group (RSI, CCI, Stoch, Stoch/RSI. Bulls/Bears, Ultimate Oscillator, Willi %, MACD, ADX, ROC)
4. We've got fib degrees, pivot, service resistances for many time frames. These amounts are for Entry and Exit.
5. We enter into the market for With-Trend when we see most technicals are agreeing the direction, that is buy or sell?
6. As soon as we enter at the Market we assess the fib amounts and the current price and attempt to enter best price / best bargain.
7. We do counter by reading Overbought/Oversold signals we check Fib degrees before we cancel, the price you receive the best price you have as straightforward as that.
8. High Volatility means price has a lot of quantity and creating new highs or lows, very low volatility indies a ranging market, we will need to take trading choices so.
9. We do minimum of 15 minutes length the majority of the brokers supplies 30 mins expiry we all will need to do our MTFA based on our brokers expiry. So for 30 mins significant TFs will be M5 to H1.
10. To ch a longer term trend have TFs H1 to Monthly and we will need to look at co-relation of tools.
Why: Currently there is not any such fantastic platform which offers free MTFA with instrument so I will be providing you the tool for free (1 month complementary) anticipated that you'll be adding your worth in terms of discussion, research and analysis to improve the whole system and trading procedures.
Who's Currently it is myself only working with this project, as a part-time trader and programmer I can not be online for all of the time so most likely I will be joining in US session for 2-3 hours for trading, posting and discussion, I am a full time salaried worker to a NASDAQ listed multi-national firm and leading their Sales Analytics group so more than 12 hours of my working hours is dedied for them, here exactly what I am doing is my passion.
How: You can PM me your email to your complementary backup, I will allow you to set this up and you'll be good for engagement. Look forward to see you at the group.
This is really not necessary to maintaining that fast speed of withdrawal! But doing this plogically gives me benefit as my profits are procured from this venture.
I have lots of messages from you, as a result of short time I am unable to return here, you can whatsApp me @ Suvabrata Mitra, will respond on your messages.
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