Trading Outpost

Stop Letting TradingView Timeframes Save Bad Trades

Every figure, interval and platform behaviour this video puts on screen, chased to a primary source. TradingView’s own help centre is the primary source for what TradingView does, and it is what is cited below.

What an interval is

TradingView defines an interval as “the amount of time or trading activity during a selected range”, which “instruct the chart to calculate a start time and an end time for trading”. On a one day interval each candle shows “each day’s opening, high, low, and closing prices”.

Source: TradingView, “What are time intervals: a quick introduction and tips” https://www.tradingview.com/support/solutions/43000747934-time-intervals-a-quick-introduction-and-tips/

The intervals that exist

TradingView groups its intervals into ticks, seconds, minutes, hours, days and ranges.

Group Intervals
Ticks 1, 10, 100, 1000
Seconds 1, 5, 10, 15, 30, 45
Minutes 1, 2, 3, 5, 10, 15, 30, 45
Hours 1, 2, 3, 4
Days and above 1 day through 12 months
Ranges 1, 10, 100, 1000

Source: TradingView, “What are time intervals: a quick introduction and tips” https://www.tradingview.com/support/solutions/43000747934-time-intervals-a-quick-introduction-and-tips/

Two of the intervals the video names in the custom timeframes chapter are on that standard list rather than off it. Forty five minutes is a standard minute interval and two hours is a standard hour interval, so neither has to be created. The chapter is about why an interval was chosen rather than about whether it can exist, and the shots follow that: neither is drawn as non standard. The one hundred and twenty five minute chart is the one that genuinely has to be created, and it is the example TradingView’s own documentation uses.

Second based intervals

TradingView offers second based intervals of “1, 5, 10, 15, 30, and 45 seconds”. They are “available for the most liquid symbols, including stocks, indices, cryptocurrencies, and futures”.

Source: TradingView, “What are second-based intervals” https://www.tradingview.com/support/solutions/43000762068-what-are-second-based-intervals/

Tick based intervals

Time based charts “periodically construct bars/candles in fixed blocks of time (e.g., each bar on a 30S chart represents 30 seconds)”, while tick charts “create bars based on the number of successive ticks, irrespective of the elapsed time”. Four tick intervals are offered: 1T, 10T, 100T and 1000T.

Source: TradingView, “What are tick-based intervals” https://www.tradingview.com/support/solutions/43000709225-what-are-tick-based-intervals/

Tick charts are available to Expert and Ultimate plan holders, across nearly all exchanges and symbols, excluding indices without volume, options, government bonds and yields carrying the TVC prefix, and end of day symbols.

Source: TradingView blog, “Expanded tick chart support on TradingView” https://www.tradingview.com/blog/en/expanded-tick-chart-support-52342/

The video says seconds and ticks are available “in some cases”, which is the hedge those two plan and symbol restrictions require. No shot names a plan tier.

Custom intervals

A custom interval is created with the “Add custom interval…” entry in the interval dropdown, or by typing a number, which is read as minutes. The documented maximum is 1,440 minutes, which is twenty four hours.

Source: TradingView, “Custom chart intervals — personalizing your analysis” https://www.tradingview.com/support/solutions/43000543883-custom-chart-intervals-personalizing-your-analysis/

TradingView’s own worked example is the interval this video names: “if you want to set a 125-minute interval, type ‘125’ on your keyboard and press the Enter key”. Letters set larger periods, so 12D is twelve days, 1W is one week and 3M is three months.

Source: TradingView, “How to change the time frame quickly” https://www.tradingview.com/support/solutions/43000762824-how-to-change-the-time-frame-quickly/

Favourite intervals and the top bar

An interval is added to the favourites by pressing “the star icon to the right of it”, and “the selected intervals will appear on the upper toolbar”, where they can be selected directly. That is the top bar the video asks the viewer to trim, and the star is the mechanism that fills it.

Source: TradingView, “How to change the time frame quickly” https://www.tradingview.com/support/solutions/43000762824-how-to-change-the-time-frame-quickly/

The charts on screen

Every chart in this video is drawn from one generated price series, illustrative and built to teach the mechanism the beat is about. The series is refined from a weekly path down through daily, four hour, one hour, fifteen minute, five minute, one minute and ten second, and every level aggregates back into the level above it exactly, so a chart shown at two intervals is provably the same market compressed two ways rather than two different inventions. No percentage, price or level on screen describes a move that happened in a real market, and none is presented as one.

Not chased to a primary source

The video’s claims about trader behaviour are arguments about process rather than measured facts, and none of them is sourced or presented as a measurement: