Multi-timeframe Breakout Sync

 

Codenamed 'The Holy Grail', the MTFSync monitors the Breakout scores across 10 timeframes, provides an overall Breakout Score and visualises exactly which timeframes are Breaking UP, DOWN or are in Consolidation Zones.

​

This tool solves the issue of trading against the macro trend.

​

For example, if you are only looking at the 5 minute chart and it breaks UP, you may be tempted to trade the 5 min up trend. However if MTFSync is showing you that the 30 min, 1 hour and 4 hour time frames are all Breaking down, you may not trade the micro 5 min trend.

​

TIP: wait for all 10 timeframes to be in alignment.

​

The Break UP in the image above was confirmed by multiple timeframes turning green in the MTFSync. However the lower 4 hour was still breaking down.

​

The image below shows an even better trade where all 10 timeframes are in sync. In this example there is little to no resistance.

​

The orange line shows the Breakout Score merged across all timeframes.

Alerts

​

MTF Breakout Long

When the merged MTF Breakout Score crosses up through the Breakout Threshold

​

MTF Breakout Short

When the merged MTF Breakout Score crosses down through the Breakout Threshold

​

All Timeframes Long

When each individual timeframe breaks up through the Breakout Threshold

​

All Timeframes Short

When each individual timeframe breaks down through the Breakout Threshold

​

All Timeframes Long Exit

When the merged MTF Breakout Score crosses down through the Exit Long Threshold

​

All Timeframes Short Exit

When the merged MTF Breakout Score crosses up through the Exit Short Threshold

​

Alert Count Long

When the number of timeframes breaking up (from the top timeframe) exceeds the Breakout Sync setting

​

Alert Count Short

When the number of timeframes breaking down (from the top timeframe) exceeds the Breakout Sync setting

​