Voting With Multiple Timeframes by F. Arden Thomas
Sometimes, traditional indicators can be used with new techniques. This technique uses a traditional oscillator with multiple timeframes and a voting process to create a new indicator that displays values for buying and selling pressure.
Using multiple timeframes can be very helpful in uncovering good opportunities for both buying and selling. If an indicator is applied in multiple timeframes and if all the timeframes are suggesting a condition of oversold or overbought, its a less frequent and more valuable indication of that condition ...