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MTF TRENDLINE in Trading Systems_699fadb3a6d85

MTF TRENDLINE

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The strategy for determining direction using a multi timeframe trendline is to find out whether the up and down chart timeframes are aligned or not, usually using 2 or 3 timeframes, usually used to identify the D1, H1 and M15 timeframes, and the smallest timeframe for confirmation.

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#1 - June 29, 2021, 10:18:02 AM
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« Last Edit: August 04, 2024, 03:50:44 PM by Admin »

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In my opinion, the advantage of this strategy is that it helps traders avoid entries that go against the major trend. Many mistakes occur when traders focus solely on small timeframes, such as M15, looking for buy signals when the market is clearly in a strong downtrend on D1.
#2 - February 27, 2026, 02:50:31 AM

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