Intraday pivotpoint calculations and daily trading signals relationship to the market

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I wanted to lean on someone's knowledge who has significant experience and knowledge in trading. Is there a relation between intraday pivot point calculations and daily trading signals with regards to buying after the daily low towards the high, and selling after the daily high towards the low (obviously before crossing over the opening price again). If one where to use 12h, 8h, 6h, 4h, 2h, 1h, 30 min, 15 min, 5 min and 1 min pivot point calculations and when all time frames and their open prices are above their time frame pivot point calculations at the same time would signify it is 'just' past the daily low and if one where to use 12h, 8h, 6h, 4h, 2h, 1h, 30 min, 15 min, 5 min and 1 min pivot point calculations and when all time frames and their open prices are below their time frame pivot point calculations at the same time would signify it is 'just' past the daily high. One would use the one minute open to buy below the pivot point calculations of the  12h, 8h, 6h, 4h, 2h, 1h, 30 min, 15 min, and 5 min time frame and also use the one minute to sell above the pivot point calculations of the  12h, 8h, 6h, 4h, 2h, 1h, 30 min, 15 min, and 5 min time frame. Does this logic make sense with regards to just simplistically buying 'just' after the low before it crosses over the open to go to the high, and selling 'just' after the high before it crosses over the open to go to the low?
 
No I don't think you should trade just after seeing a divergence with the divergence on M1. This timeframe is prone to noise and should only be checked as a final check after assessing the price momentum on other timeframes. Ideally, you want a strong divergence, and a strong divergence means that the trend has gained confluence on 3 - 4 timeframes. This trader who has been trading since 1995 swears by using 4 multi-timeframe stochastics; and trading when there's confluence on each of them. I developed a tool which allows you to see the trend on four different timeframes at once via one chart.
 
Conor Mcnamara #:
No I don't think you should trade just after seeing a divergence with the divergence on M1. This timeframe is prone to noise and should only be checked as a final check after assessing the price momentum on other timeframes. Ideally, you want a strong divergence, and a strong divergence means that the trend has gained confluence on 3 - 4 timeframes. This trader who has been trading since 1995 swears by using 4 multi-timeframe stochastics; and trading when there's confluence on each of them. I developed a tool which allows you to see the trend on four different timeframes at once via one chart.

Thank you! I really appreciate opening up this conversation and the privilege I have received from being able to learn and grow as a trader. What time frames do you use, and what is your reason for using them?

 
Colin Kimble #:

Thank you! I really appreciate opening up this conversation and the privilege I have received from being able to learn and grow as a trader. What time frames do you use, and what is your reason for using them?

I used the 12h because the daily will either be majority buyers/sellers (2 options), one day divided by 2 would equal 12 hour time frame, there are also 3 trading sessions in a day (US, UK and Asian session) the day divided by 3 would have 8 hour time frames, the daily bar would consist of the OHLC (4 points), dividing the day up into four parts would be using the 6 hour time frame, the trading session (US, UK and Asian session) will either be majority buyers/sellers (2 options), one trading session divided by 2 would equal 4 hour time frame, the trading session bar would consist of the OHLC (4 points), dividing the trading session up into four parts would be using the 2 hour time frame, dividing the rest by two for their time frames, and eventually using a 5 minute and 1 minute time frame was to gauge majority buyers to sellers ratio.

 
Colin Kimble:
I wanted to lean on someone's knowledge who has significant experience and knowledge in trading. Is there a relation between intraday pivot point calculations and daily trading signals with regards to buying after the daily low towards the high, and selling after the daily high towards the low (obviously before crossing over the opening price again). If one where to use 12h, 8h, 6h, 4h, 2h, 1h, 30 min, 15 min, 5 min and 1 min pivot point calculations and when all time frames and their open prices are above their time frame pivot point calculations at the same time would signify it is 'just' past the daily low and if one where to use 12h, 8h, 6h, 4h, 2h, 1h, 30 min, 15 min, 5 min and 1 min pivot point calculations and when all time frames and their open prices are below their time frame pivot point calculations at the same time would signify it is 'just' past the daily high. One would use the one minute open to buy below the pivot point calculations of the  12h, 8h, 6h, 4h, 2h, 1h, 30 min, 15 min, and 5 min time frame and also use the one minute to sell above the pivot point calculations of the  12h, 8h, 6h, 4h, 2h, 1h, 30 min, 15 min, and 5 min time frame. Does this logic make sense with regards to just simplistically buying 'just' after the low before it crosses over the open to go to the high, and selling 'just' after the high before it crosses over the open to go to the low?

Confluence of multiple timeframe pivot points adds strength to the signal, But Please note...
Lower timeframes (like 1min/5min) can be noisy.
Not every day will show perfect alignment across all timeframes.
It’s important to combine this approach with other filters (like volume or momentum indicators) and proper risk management.

Overall, it's a good idea. but be sure to test it thoroughly before applying it live.

 
Sivakumar Paul Suyambu #:

Confluence of multiple timeframe pivot points adds strength to the signal, But Please note...
Lower timeframes (like 1min/5min) can be noisy.
Not every day will show perfect alignment across all timeframes.
It’s important to combine this approach with other filters (like volume or momentum indicators) and proper risk management.

Overall, it's a good idea. but be sure to test it thoroughly before applying it live.

I do understand, thank you for the wisdom!

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