Best Practices for Combining Chart and Higher Timeframe Filters
To create robust strategies, you can combine Chart Timeframe Filters with Higher Timeframe Filters. This dual-layered approach ensures alignment across both immediate and broader market conditions.
How to configure:
- Enable relevant Chart Timeframe Filters (e.g., 50 EMA, ADX).
- Configure Higher Timeframe Filters to align with broader trends (e.g., 200 EMA on Daily).
Example:
- Use 200 EMA on the Daily chart to confirm the broader trend.
- Enable ADX on the current chart timeframe to confirm trend strength.
Tips:
- Backtest combined filters to identify optimal settings for your strategy.
- Adjust Chart Timeframe Filters for fast execution and Higher Timeframe Filters for trend confirmation.