Professional traders don't look at one chart. They filter trades through multiple timeframes.
def check_trade_setup(symbol):
# 1. THE TIDE (Monthly/Weekly)
# Is the long-term trend Bullish?
weekly_trend = get_trend(symbol, timeframe='1W')
if weekly_trend != 'UP':
return "NO TRADE (Against Tide)"
# 2. THE WAVE (Daily)
# Is the daily pulling back to support?
daily_rsi = get_rsi(symbol, timeframe='1D')
if daily_rsi > 70:
return "WAIT (Overextended)"
# 3. THE RIPPLE (Hourly)
# Perfect entry trigger
hourly_signal = get_crossover(symbol, timeframe='1H')
if hourly_signal == 'GOLDEN_CROSS':
return "EXECUTE LONG ENTRY"
return "WATCHING"