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Educational content, not investment advice.

Souq Dailyسوق ديليSouq Daily

Lesson 2 of 124:053 Sources

Timeframes and which one suits you

Recorded. Publishing soon

Presented by NourIn Arabic, with captions. Other languages are coming.

Educational content, not investment advice. Nour explains how markets work. She never tells you what to buy or sell.

A timeframe is the period each candle represents. MetaTrader 5 offers 21 timeframes, from one minute to one month. Each one shows the same market from a different distance.

  • Small timeframes: more opportunities, but more noise and heavier costs relative to small targets.
  • Large timeframes: clearer picture, fewer trades, more patience and wider stops.
  • The SEC describes day trading as an extremely stressful and expensive full-time job.
  • Choose your timeframe by your available time, and analyse top-down: big frame for direction, smaller frame for timing.

Quick check

Three questions. Pick an answer to see why.

0/3

  1. 1.How many chart timeframes does MetaTrader 5 offer?

  2. 2.Spread is 1 pip. What share of a 5-pip target does it take?

  3. 3.What does top-down analysis mean?

Sources

Every fact in this lesson is backed by the sources below.

  1. 1.MetaTrader 5 Help — View and configure charts21 chart timeframes from one minute to one month
  2. 2.SEC — Day Trading: Your Dollars at RiskDay trading is an extremely stressful and expensive full-time job; be prepared for severe financial losses
  3. 3.ASX — Shares course 11: Technical analysis (PDF)Charts can be built from 1-minute to monthly bars; shorter averages react earlier

Educational content, not investment advice. Risk warning: trading forex, CFDs, gold and crypto carries a high level of risk and may not be suitable for everyone. You can lose more than you put in. Souq Daily is an education platform. Nothing here is investment advice, a recommendation or an offer, and past performance does not predict future results.