Goal: Add a multi-timeframe technical-analysis tool inspired by Brian Shannon’s approach (layered trend structure, high-probability trade selection, ATR-based stops, and market structure).
Technical Analysis Using Multiple Timeframes: A Comprehensive Guide by Brian Shannon technical analysis using multiple timeframes brian shannon
The price stays above rising moving averages, characterized by higher highs and higher lows. Stage 3: Distribution Volatility increases as "smart money" sells to latecomers. The price moves sideways, often forming topping patterns. Stage 4: Markdown The final stage is a sustained downtrend. Moving averages
| Hour | Price | | --- | --- | | 9:00 | $98 | | 10:00 | $99 | | 11:00 | $100 | | 12:00 | $101 | Requires discipline and time to analyze multiple timeframes
As Brian Shannon often says: "Know your timeframe." Success in the markets comes to those who respect the trend but wait for the right moment to strike.
Conclusion
Weekly Chart: Used for primary trend identification and finding major support/resistance levels.