easy · Volume Price Analysis
When applying Multi-Time Frame (MTF) analysis, what is the 'Hierarchy Rule' if a signal on the 5-minute chart conflicts with the trend on the 60-minute chart?
- The practitioner should average the volume between both time frames.
- The higher time frame always takes precedence.
- The lower time frame takes precedence as it shows the earliest anomaly.
- The signals cancel each other out and no trade should be taken.
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