Multi Time Frame Trend Indicator (MTFT)
Watch powerful MTFT indicator generated on any Stock symbol. Signals are based on a Multi-parameter algorithm
Note: 3.1/5 (21 notes) 2,350 students
Instructor(s): Hari Swaminathan
While identifying trends for any Stock or Index, the current trend is important. Plotting the current trend on a Chart with various indicators can give us a decent idea of the current trend.
But what’s really helpful is if we can spot trends ACROSS MULTIPLE TIMEFRAMES. Because if you can identify a stock whose trend is aligned across several timeframes, the confidence level increases substantially, and the probability of success in the trade also increases substantially.
But this is not simple, unless you’re plotting multiple charts with multiple timeframes on your trading screens, which generally tends to cloud out the analysis. Even then, we still lack insights to evaluate if the stock trend is indeed aligned across several timeframes.
The Multi Time Frame Trend (MTFT) is a Proprietary Indicator that runs on the Thinkorswim platform. The indicator is a highly accurate Trend indicator that can work for all styles of trading – Day Trading, Swing Trading with trades lasting a few weeks as well as Long term invest and hold strategies. The indicator is also helpful in identifying good exit points for profit taking.
The Proprietary Multi Time frame Trend Indicator is a powerful and flexible indicator that identifies trends on 5 levels on a single chart. There’s a Master level indicator that shows the alignment of all 5 indicators, producing very high probability entries and exits.
Please watch the Preview videos of the Multi Time Frame Trend indicator in action.
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