Is it possible to backtest a strategy that analizes a 4H chart and a 5 min chart at same time?
(I am completely new to this program)
Hey Val,
Yes, you can create a strategy that uses multiple timeframes. One of the ways to do this is to use technical indicators on two different timeframes (for example 4H and 5min) to analyze price charts and generate trading signals. This approach is known as multiple timeframe analysis.
You can learn more about the implementation of multiple timeframe strategy from Section 23 of the Technical Indicators Strategies in Python course.
Hope this helps!