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RE: Multiple Trading Time Frame Analysis
Sounds quite similar to Alexander Elders triple screen method, ripples on waves on tides.
I tend to just look on the daily chart at the start of the day for direction, then trade on just an hourly chart.
It's just what works for me though. I did try triple time period trading before but found I was missing out on some great opportunities because one of the timeframes wasn't 'right'. Just personal preference though.
This is exactly the triple screen with a twist. Alexander Elders I believe was given credit for being the first to use MTF / triple screen method.