Selecting Timeframes for Entry Conditions

TradeShields lets you select the higher timeframe used to filter trades. Common options include:

• Weekly: Ideal for long-term trend-following strategies.
• Daily: Suitable for swing trading or short-term setups.
• Hourly: Effective for intraday traders looking for alignment.

How to configure:

1. Locate the Higher Timeframe 1 or Higher Timeframe 2 input under Higher Timeframe Filters.
2. Select your desired timeframe from the dropdown menu (e.g., Daily, 1 hour, 4 hours).

Example:

• For a day trading strategy, select 4 hours as the higher timeframe to confirm trends while trading on a 15-minute chart.
• For a swing trading strategy, use Daily to align with the primary market trend.

Tips:

• Use longer timeframes for stronger trend confirmation.
• Backtest with different timeframes to find the best fit for your strategy.