Triple-Timeframe Momentumthe same indicator, three times — and why that is less than it looks
Put the same momentum indicator on the daily, the four-hour and the hourly, and trade only when all three point the same way. It feels like three confirmations. It is not.
The four-hour chart is built from the same ticks as the hourly and the daily is built from the same ticks as both. When a fast average turns, the slow one has usually already turned — so the three readings are close to the same reading, and agreement between them is nearly automatic rather than informative.
The page is here because this is one of the most widely taught structures in retail trading and it deserves an honest entry rather than absence. It is rated Weak, and the reason is above, not hidden in the flags.
- Category
- Multi-timeframe · Confirmation
- Timeframe
- D1, H4 and H1 — the same indicator on each
- Suitable pairs
- Trending majors
- Session
- London and New York
- Indicators / tools
- RSI(14) on all three timeframes · ATR(14) on H1 · EMA(20) on H1 for the entry
Valid setup
Exact rules
Entry
- All three timeframes must have RSI(14) above 50 at their most recent close. Longs only.
- Entry on H1: a pullback to the EMA(20) that closes back above it.
- Measure the overlap before trading this. Count how often the three agree in your own data — if it is most of the time, the filter is doing nothing and you have an H1 pullback strategy with extra screens.
- If you keep it, treat the daily reading as the only one that matters and drop the other two. That version is MT-01 and it is better evidenced.
Stop loss
- 1.5 × ATR(14) on H1 below the pullback low.
- Risk 0.5%.
- The stop is ordinary. Nothing about the three-timeframe structure changes where risk belongs.
Take profit / exit
- TP1 at 1.5R, half off.
- The rest trails the H1 EMA(20).
- Exit if the daily RSI crosses back below 50. The other two readings should not be given a vote in the exit any more than they earned one in the entry.
Build Triple-Timeframe Momentum
Reading this page is free and always will be. Taking it is what costs — the complete MQL5 for the rules above, yours to keep, permanently. Five of them cost $10 and they never expire.
More from Multi-timeframe
Trading carries risk and most retail accounts lose money. Nothing on this page is financial advice or a recommendation to trade. The chart is an illustration of the rules on constructed candles — it is not a record of a trade and not a backtest.
