Please share your favourite time frames

imho its incorrect arbitrary to set the static time periods for trading

one should set the range, for example 5-130 min

within that range each and every time when trend appears the time frame should be chosen by the method at this particular moment, and while the trend develops the time frame will have to be adjusted by the method (often there are multiple trends, often in different directions, and on different time frames)

time-frames, as many other components, of the method should be dynamical, since in reality its kind of as focusing camera on the subject

time frame should be function of the trend, not the otherwise

so the same method may choose to use 15 min , next time 12 min, next time 18 min etc

we r in business of timing, and choosing correct time frames for each trend while its develops is essential

 

so the "need" i was referring to is not imho how to determine usefulness of 4h time frame

the "need" is to develop a way to choose the correct time frame when it was determined that there is a trend and to keep changing it accordingly while trend develops

ones in a while it may happen to be the 4 hours time-frame for those who trade that range of time

 

and instead of time its better to deal with the volume bars

 

My favorite is Weekly, 1 Day, 2 Hour, 30 Minute, 10 Minute... Weekly charts give my trend following signal buy signals, and then I trade via 1 Day for my exit. When I make trades of my Daily chart, I'm position trading (holding the trading for a week to a month), and I use 2 Hour charts to know when I exit. When I use 2 hour charts, I swing trade, using 30 minute charts to tell me when to get out). And I day trade (my definition of day trades is 1 to 3 days), with 30 Minute Charts for entrance and ten minute charts for exits.

 

1 tick, 10 second, 30 second and 2 min for my high timeframe

 

How many trades do you do in a day?

 

are u kidding ? 1 tick chart

 

My daily routine as a swing trader is:
1) Check ES-4 hourly chart v.s. daily SPY chart at market open
2) The rest of my day will be focused on 2-hourly, 30-minute and 15-minute chart.

 

For my manual trading I use this. Albeit I have some code that filters same price out of the feed, meaning my chart only moves if price changes thus no flat spots.