The search for a free PDF of Technical Analysis Using Multiple Timeframes typically comes from three motivations:
Shannon popularized a simple yet powerful structure:
The Intermediate Trend (The “Compass”) – 60-minute or 4-hour chart The search for a free PDF of Technical
The Short-Term Timing (The “Magnifying Glass”) – 5-minute or 15-minute chart
“Price moves in trends, and those trends exist across multiple time frames. The trader who synchronizes all three gains a statistical edge.” — Brian Shannon The Intermediate Trend (The “Compass”) – 60-minute or
Larger time frame signals get larger position sizes. A daily+60-min aligned trade might use 2% risk, while a 60-min+15-min trade (daily flat) uses only 0.5–1%.
Even with a PDF of Shannon’s book, many traders fail because they: institutionally traded assets. |
| Mistake | Shannon’s Fix | |---------|----------------| | Watch too many time frames (1-min, 5-min, 15-min, 30-min, 60-min, daily) | Stick to three – one large, one medium, one small. | | Ignore the higher time frame after a loss | Always zoom out. A loss on the 5-min may be irrelevant to the daily. | | Enter because a lower time frame looks good, even though the daily is against them | Golden rule: Check the upstairs first. | | Use MTF analysis on low-liquidity stocks or crypto | MTF works best with liquid, institutionally traded assets. |