Burlington, VT
Experience: Intermediate
Platform: IB
Trading: Stocks
Posts: 17 since Jan 2012
Thanks Given: 7
Thanks Received: 17
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Hey Everyone,
I'm trying to find a good intraday time frame to use as my primary frame of reference for intraday stock trading. The standard ones people use are 1,2,3,5,15,30min, hourly. Has anyone tried using "non-standard" time frames and what was your experience?
I'm thinking 17 min vs. 15 min, 7min vs. 5 min, 33min vs. 30min etc.
With the prevalence of algorithmic trading and computers trying to take advantage of the conventional wisdom of the masses I would think they would be targeting the standard time frames that come as default in any charting package.
By looking past a 30 min chart by a few minutes, could that help to clear out the noise / confusion that occurs as masses decide what to do as that 30 min bar closes and a new one begins?
This might not make any sense and I apologize if its been covered. Just something I was thinking about....
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