Much smoother than all lower timeframes. Less noise. I'm a price action guy....so I watch H's and L's only. Nothing else.
Personally, I couldn't imagine trading indexes intraday using a 15-minute chart. However, I'm curious. I know it varies from one person to the next and from one day to the next, but how many setups do you guys typically get using a 15-minute chart during the course of an "average" day, and what is the typical size of your initial protective stop? Ballpark.
Everyday is different, Thunderdog. All stops based on volatility. Initially, never more than 8 ticks. Always trailing market, too. When volalility is low, I get 2-3 trades. On days when it's high, I can get as many as 6 or so. I agree weeman, the 30 minute is even better. Just follow the market, no thinking.