easy · Volume Price Analysis vpa-core

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?

  1. The practitioner should average the volume between both time frames.
  2. The higher time frame always takes precedence.
  3. The lower time frame takes precedence as it shows the earliest anomaly.
  4. The signals cancel each other out and no trade should be taken.

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