HTF Range

TTR Higher Timeframe Option Overview

TTR allows traders to add a range from a higher timeframe along with the range from their chart's timeframe. By doing this, traders can get a better understanding of how the market is behaving on multiple timeframes, which can help identify key levels and potential areas of support and resistance.

For example, if a trader is using TTR on a 1-hour chart, they can add a range from a Daily chart. Identifying key support/resistance levels that are relevant to both timeframes can increase the probability of a successful trade.

Having two ranges can give you a better understanding of the market's overall trend and momentum, allowing you to make more informed trading decisions. This can be especially helpful for swing traders who are looking to hold trades for a longer period of time.

By having a deeper understanding of the market's natural rhythms and using multiple timeframes to confirm key levels, traders can increase their chances of success in the market. While some traders find having the second range on their chart to be beneficial, others may find it to be noisy/cluttered.

By looking at the trapped traders on both timeframes, traders can find confluence and correlation between the key levels on each octave, increasing the likelihood of price reacting at those levels. Some traders may choose to use only one range on their chart, while others may experiment with multiple ranges from different timeframes and indicator periods.

TTR was designed with customizability in mind, allowing users to explore different setups, offering flexibility for traders to find what works best for them. Traders can also customize lines and fills colors to their liking to make it easier to visually distinguish between support and resistance areas.