This study uses trends based on 4 different time frames to generate buy and sell signals. By default it uses Fibonacci ratios to determine the higher trends, but it is customizable, so feel free to experiment with the number of candles for each time frame to look back on. You should be able to fine tune this indicator to work on any time frame. By combining multiple time frames you are able to filter out false signals. The base indicator is using information generated by the Famous TTM Squeeze. See for yourself in the video below. By filtering the time frames you are able to generate reliable signals for entry and trend continuation. Use moving averages, patterns, or Fib-Elliot strategies for exits. 

MTF Momentum Study (4 time frames)

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