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Renko EMA Robot v9.1

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what the timeframe and reference timeframe

Topic: what the timeframe and reference timeframe

know what the timeframe and reference timeframe
hi friends

The timeframe results in the time unit. This is not a complex concept but in trading you must know how to use it wisely timeframes. In concrete terms, when you analyze a chart daily, meaning that each point is closing at the end of the day, you use a daily timeframe.
In addition to the definitions in this chapter we will learn to use the timeframes as a weapon and not a burden. As insignificant as it may seem, because the timeframe yet the loss of many traders. Be aware of how many units of time we have to analyze the course, judge the importance of each suit its trading ..

reference timeframe

scalping
1min-5min

Intraday
15min-1hour

swing
4:00-1day

middle term
1day -1semaine

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