Most accurate chart period?

Hello,
I'm trying to study the chart in the previous days but I don't know which period has the most accuracy that reflects the prices . I think it's M1 but I'm not sure and the problem is there's a big difference between M1 and H1 so I don't know which one should I use ??

There's absolutely no difference between charts. The price is the same.

Accuracy is measurable based on how you interpret these charts.

It would be better showing us what you had figured out on your chosen currency pair charts (discussing graphically would be easier.).
Maybe simple to say M1 is to decide buy/sell-now or buy/sell-later but H1 is used to see the trend (not decision-time).
Actually you need to decide how much details (the size of timeframe) on the pattern you think that it is useful for the trend.

I'd disagree with you. The difference between charts are the length of the candles which you see. That alone makes a world of a difference, if you trade price action. The higher the TF, the higher your chances are of entering into a position, and having a high pip-drawdown compared to a lower tf if you trade the same pattern.
Although the O.P. didn't specify what "accuracy" he is referring to, the reality is the higher the tf, the more pips you earn, but the longer you spend in a position, and the more pips you end up giving to the market before you close for profit.

O.P. you may also want to take note, that many traders who trade the "higher tf" don't actually adhere to them. How can you tell? Well if a trader trades the higher tf, he or she should open/close positions based on the close of the candle. What you will see many traders do is open a position with 15 mins left in a 4hr candle or 5 mins left in a 1 hr candle, which automatically means they aren't trading the TF they are looking at.

All in all, if you simply aim for a 1:1 R:R then imagine how much TIME you lose trading the same R:R on the higher TF compared to the lower tf. People also fail to realize that high impact news, really rocks the market to complete formations on all TF's which would of course take longer to create. Look at the Mario speech which took EU up 400 pips in 4 hours. It took EU exactly 1 month to drop the same amount of pips. Since then EU has not been able to recover that spike upward, and although people will contend the trend is still DOWN and that the spike up was a "CORRECTION" the reality is anyone shorting is sitting with a heavy red position, while the longs can keep scalping or adding to the profit they have.

Should you decide to swing trade, then lower tf for entry, and higher tf for TP
Should you decide to scalp, then lower tf for EVERYTHING!

No matter the TF, the price is the same.

My point was essentially to say that accuracy has nothing to do with the TF you are trading ... but how you trade it.

In other words, not the accuracy of the chart but the accuracy of the trader (and his method/system).

There is no best 'timeframe.' I could show you how ALL timeframes work together and how they are intrinsically linked with volatility allowing you to only use 1 chart and being able to see all timeframes which is extremely nice. Put these Exponential Moving Averages on your chart: 800, 400, 200, 9, 21. Whether you know it or not, adding these will allow you to see the Daily, 240 minute, 60 minute, 30 minute and Five minute. Cheers!

I agree with what you said in the first post, as far as all tf showing the same thing (price) yet the tf we pick has to do with the high/lows after x amount of time. Although the O.P. never elaborated on "accuracy", I personally believe that "The lower tf gives you the most accurate entries". Of course that is just my opinion, but I like to look at it this way.. Which came first the 4hr tf or the tick chart?

I have posted a chart which supports my claim.


Based on due diligence on price action. I took a long at what was yesterday's low. Without going into specifics as to why I bought, you can see that my entry was very very very accurate to what "turned out to be" yesterdays low. A person trading "the higher tf" might of bought at the same price, maybe because they had a bias to the buy side side, and the price was heading towards the main pivot, which of course would of resulted in both of us getting in at the same price.

That to me is an accurate entry, and if I would be a follower of the higher tf, maybe I would of held to today but the lower tf, if you trade price action and not (high and lows) is the most accurate way of doing it.

the option is 10 m and 2 h

The lower the time frame the more detail one must analyze. Higher time frames have fewer exotic constructions an are somewhat easier to deal with. The longer time frames have a tendency to smooth out volatility,or the lack of it, and yield chart patterns that repeat and outcomes that are more predictable.

A time frame is a time frame. The only difference is frequency between highs and lows. Your preferred time frame depends on whether or not you trade blindly or need to have full control. It also depends on whether you are alone or have a team. If you are alone and do not want unsupervised trades, then you use lower time frames. Otherwise, you can use higher ones. More profit is made on lower ones because of the increased frequency of highs and lows. You will also gain more experience and become a better trader by using lower time frames because you make more trades and observe more patterns.

The patterns are the same. Ease of trading higher time frames is an illusion. You have more time between decisions, but it is the same exact decision found on a lower time frame. If you trade a weekly chart and the trade lasts 6 weeks and you make 500 pips, then effectively your experience is 1 trade. Meanwhile I trade a 5M chart, averaging 6 trades a day, and 110 pips profit. My experience is 180 trades, or 180 times higher than yours, and my profit is 3300 pips or 6.6 times more. It all depends on your ability, personality, and time to work on your business. The lower the time frame, the more trades you see and the more precision you have for profiting. But, some people need to position trade. Either way, there is no difference in the signal, only in the frequency of the signal.

A telescope would give you an accurate view of objects in the sky while a microscope would do the same for objects on a petri dish.
Depends on your intention.

You don't say.

Appreciate the sentiment.

For me personally 4H gives good and strong moves and I don't have to sit around the computer all day too.

imo anything above 30m is a waste of your time. Like dkrock said above you can take more trades on low tf with higher accuracy and better profits, especially in slow moving / ranging pairs. Unless you want to take trades off the daily tf and then have draghi/fomc erase your profits in 1 hour. To take trades on daily you want to be low leveraged unless you have deep pockets. Time is relative, 30s/1m/5m/4h they might work depending on hour of the day. Would suggest you trade non-time based formations ie. range or renko bars (upper right) which would filter out the slow periods and give you better indication of trending in low tf.

A time frame is not a time frame. they are fractals that need be understood only in terms of volatility and how volatility increases or decreases within each seperate fractal. I've actually never seen this explained mathematically except for my own work which is extremely powerful to say the least. Anyone interested feel free to message me. I'm talking about finding the actual measured volatility, not implied volatility, but volatiity itself and how it interacts within different fractals or time frames. The ATR can be used to calculate this, but absolute noone truly understands how to use it correctly as they are missing half the story. Example: how many many pips does price move on a 15 minute chart compared to a 5 minute chart? 60? Is there a way to figure this out. Absolutely. If you can measure the volatility a rocket needs to move 300 miles into a bunker with absolute precision the same can be applied to the market. Or these lasers they have been using to shoot down drones with absolute precision, its all the same concept. Watch a few of these



they've been using this for years, and are now putting them on drones btw. everything can be calculated everything is connected and all is number. The market is no different as it involves talking monkeys and is part of the physical universe we monkeys inhabit and is bound to the same laws. The End.

Lots of what you need to see the trader.

I am not that experienced, so still not sure what's the best. I do like Daily Chart more, as it's giving reliable results, but of course that's good for long term trading and for scalping lower timeframe is better.