Summary of "🪐 Multi TF Oscillator Screener on TradingView [Tradingfinder]"
The video presents a detailed tutorial on the Multi-Time Frame (TF) Oscillator Screener available on TradingView, part of the Tradingfinder suite. This tool is designed to simplify and enhance multi-time frame technical analysis by allowing traders to monitor multiple symbols across various time frames simultaneously.
Main Financial Strategies and Business Trends:
- Multi-Time Frame Analysis: Enables traders to analyze several symbols on different time frames (from seconds to weekly) to identify trading opportunities.
- Use of Multiple Technical Indicators: Combines three widely used indicators—Relative Strength Index (RSI), Stochastic Oscillator, and Average True Range (ATR)—to provide a comprehensive view of market momentum, volatility, and trend strength.
- Customization and Flexibility: Traders can customize the symbols, time frames, and indicator settings to suit their specific trading strategies.
- Efficient Market Screening: The screener allows for quick assessment of multiple assets, helping traders streamline decision-making and manage multiple positions or watchlists effectively.
Methodology / Step-by-Step Guide to Using the Indicator:
- Access the indicator on TradingView by searching its name in the indicators section and add it to favorites for quicker access.
- Apply the indicator to your chart to open a detailed panel showing multi-time frame oscillator data.
- Customize the table size (automatic or manual) and position it on the chart (e.g., top right).
- Select up to 10 trading symbols and assign each a specific time frame (e.g., 4-hour, 1-hour, 30-minute).
- Adjust indicator parameters per symbol, such as RSI calculation period and stochastic ATR values.
- Enable or disable input values display in the status line for a cleaner or more detailed view.
- Analyze the displayed data for each symbol, including candle type, RSI, stochastic, ATR, true range, open, high, low, and close values.
- Add additional symbols or indices (e.g., DXY index) for broader market context or divergence identification.
- Use the combined data to identify bearish or bullish trends and potential trading signals across multiple time frames.
Presenters / Sources:
- The tutorial is provided by Tradingfinder, the creators of the Tradingfinder suite indicator on TradingView.
- The video is a guided walkthrough by an unnamed presenter demonstrating how to set up and use the Multi TF Oscillator Screener indicator.
Category
Business and Finance