[gaudi]

Let's say Main Time Frame is 1Min Chart. and secondary Time Frame is 10Min Chart.
we can assume that One bar in 10Min is same as Ten Bars in 1Min. not exactly same though
if so what's different and which is better between 10-Period-EMA in 10Min Chart and 100-Period-EMA in 1Min Chart?
it would be similar issue like 'Smoothing Technique' because 10Min Time Frame is kind of 'Filtered Price' from 1Min Time Frame.
There will be Pros and Cons.

What's your opinion?

[bskohler]

I'm not going to blurt out what took me a long time to get, but I'll throw a bone and you figure it out. Maybe it'll save you a couple years. Your premise is backwards, 10m to 1m - not 1m to 10m(although I don't use those time frames), and don't chase the line, be the line.

[bskohler]

You'll still need method and chasing lines is not method. Also many want to adopt the use of multi time frames as an edge, 1, 3, 8, 13, thinking fitting the smaller time frame inside of the larger gives them a timing advantage. It's backwards. So even though I look at something very similar to what you're describing I filter with method and my reasoning is different.

[BlowFish]

10 min 10 period MA superimposed on a 1 min chart as a 'stair step' that changes every 10 minutes.

[Kiwi]

Actually its a series of sloping lines (from point to point to point) ... I map slower to faster (or used to) and when the ratios were around 5 the discrete steps weren't particularly noticeable.

[BlowFish]

I prefer the stair steps gives a fixed level to trade against.

[Kojak]

Wouldn't volatility be a factor to consider?

During periods of high volatility a higher time frame would make for more reliable breakout indicators for one.

Jose

[robertm]

Originally Posted by Kojak »

Wouldn't volatility be a factor to consider?

During periods of high volatility a higher time frame would make for more reliable breakout indicators for one.

Jose

Not necessarily. Having more periods to calculate the average from will smooth out spikes in volatility better. Take FX as an example, news spikes will skew figures when viewed over a small number of periods, and as much of the activity happens during a few hours even though it is a 24hr market this will mess with some of your intraday views on volatility and averages.

At the end of day the most important job of the MA is telling us which direction the trend is going allowing you to code around this basis, so being accurate is secondary to simply achieving something that gives you the results you are after.