MTF: Multi-time body features of Streak are used to create methods primarily based on two completely different timeframe charts.
, For instance,, if you wish to test the entry circumstances on the 5-minute timeframe and also you need to test the exit circumstances on the 15-minute timeframe, then you may choose the bottom timeframe as 5 minutes and create the exit circumstances utilizing the MTF operate by deciding on quarter-hour contained in the MTF operate. Discuss with the under screenshot for the instance circumstances for the same-
Within the above circumstances, the Technique base timeframe is 5 minutes and the Exit circumstances are created contained in the 15-minute multi-timeframe.
The Multi-time body (MTF) operate by design checks your circumstances on partial candles because the bigger timeframe candles take extra time to be accomplished. Thus the exit circumstances might be checked on the 15-minute chart after each 5-minute shut, and you’ll obtain an exit after the shut of the 5-minute candle wherein the 15-minute circumstances are met on the chart (even earlier than the 15-minute candle close-on partial candle foundation). You possibly can create the circumstances to your requirement in an analogous method.
Do word that because of the usage of partial candles, the Multi timeframe outcomes might be unverifiable on the charts. Additionally, whereas utilizing the MTF operate in backtesting, it could have a look-ahead bias as the info for the next timeframe is already accessible.
If you wish to keep away from the look-ahead bias within the backtest and get verifiable ends in the reside trades, you need to use the Multi-time body accomplished operate of Streak, as a substitute of the multi-timeframe operate. Multi-time body accomplished operate by design checks the circumstances on the finished candle of the bigger timeframe. Click on on the under hyperlink to be taught extra about this:https://assist.streak.tech/create_advanced/#multi-timeframe-functions
For detailed clarification of the MTF operate with an instance check with the under answer-
Hey @Mangal_Ho ,
Let’s think about an instance of reside deployment to know how the Multi-timeframe operate will act:
Say you need to enter a commerce primarily based on the next situation: “RSI increased than 50” in 5 min timeframe. And you retain the bottom timeframe as 1 min and the circumstances are created contained in the 5 min multi-time body operate as follows- “Multi timeframe (5min, RSI(14,0) crosses above 50 )”
Now if we think about the situation of the 9:15 5- minute candle throughout reside buying and selling. As you …
Hope this helps.