Intended use
Intended for entry only when several timeframes agree. Spot is long only.
Multi-timeframe confluence
The daily candle sets direction, the hourly candle checks the pullback, and the five-minute candle must agree before entry.
Usage
Execution
The daily candle sets the direction. The hourly pullback must hold the slow average. A five-minute cross in the same direction opens the position.
Before creation
The stop is executed by the platform. The preview shows the stop price and the estimated maximum loss. Contracts also show the distance to liquidation.
After it is running
No entry when the timeframes disagree. A reversal can still produce a loss.
Allocated funds can be lost in full.
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