How do you best choose the time frame of the pivot indicator ( hour weekly day month) to fit the time frame of your chart? Is it the case that if you are trading on a 4h time scale, you should use the daily pivots, and if you are trading on a 15m chart, you should be on the hourly pivots?
PIVOT POINTS
in General Trading Strategy Discussion
Posted
Dear All
How do you best choose the time frame of the pivot indicator ( hour weekly day month) to fit the time frame of your chart? Is it the case that if you are trading on a 4h time scale, you should use the daily pivots, and if you are trading on a 15m chart, you should be on the hourly pivots?
Thank you
Albert