This is a continuation of building an interactive group of MTFA users. A very basic concept of MTFA or Multiple Time Frame Analysis is you watch one or a set of instruments (stocks or currencies etc.) you consider timeframes from M5 to Weekly/Monthly – you go for sale when most of the timeframes say so and vice versa.
Here, what we have is an Application (Microsoft Excel Add-Ins) which allows you to scan data for stocks, currencies, indices, futures, commodities etc. and group the data in 4 sections A. Price Action B. Volatility C. Trend D. Decider group.
For entry and Exit it gives you fibonacci series of 3 supports, 3 resistances and pivot.
Final interpretation of Analysis is simple buy or sale from Fib levels.
The Application is my development and trial is free upon request. It requires Windows 7 32 bit operating system with good bandwidth of internet connection and Microsoft Excel full version 2007 or higher.
I will describe more shortly on this alternatively you can also search in forex factory for MTFA related posts and articles.
Thanks.
Rekon