7.7What is a time frame?
1What is it?
The time frame is how much time each candle represents: 1 minute, 5 minutes, 1 day, 1 week, 1 month.
2Why does it exist?
Different traders use different frames. Intraday traders use 1–15 minute candles; investors use daily and weekly.
3Practical use
Rule: check the bigger time frame first. A stock may look like it’s falling on a 5-minute chart but be in a strong uptrend on the weekly.
4Quick revision
- Each candle = one time period.
- Match time frame to your style.
- Check higher time frames first.
5Knowledge check
Q1. Which time frame suits long-term investors?Show answer
Weekly or monthly.
Q2. A daily candle shows what?Show answer
One day’s OHLC.
Q3. Why check a bigger time frame?Show answer
To see the main trend.
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