Chart Time Frames

Let's take a look at some of the common time frames that I use when doing my analysis and why they are important to me. A few things to note. There are 6 hours and 30 minutes a day when the market is open (not including holidays where the market closes early). That 6.5 hours is 390 minutes. Also it is important to remember that on each time frame 233t or 15 minute, each time that time elapse a new candle will print. 233 ticks before a new candle forms. 15 minutes before a new candle forms. 

Let's discuss each below and there are some that you don't see here but I'll talk about them. Also, I will show you how to add custom time frames to your charts. 

1. 233 tick 1 Day: Used for futures trading (233 is a Fibonacci sequence number)
2. 512 tick 1 Day: Used for futures trading
3. 2,3,5 minute 5 Day: Used for short term squeezes for intra day plays. 2, 3 & 5 are all Fibonacci sequence numbers. 
4. 15 minute 5 Day: Used for entries when trading stocks as well as short term squeeze plays for intraday trades
5. 30 minute 15 Day: Another shorter time frame chart for intraday plays. 390 minutes / 30 minutes = 13 which is a Fibonacci sequence number. 
   
6. 78 minute 30 Day: I prefer this over a 1 hour chart because 1 hour or 60 minutes doesn't divide equally into 6.5 hours/390 minutes. 390 / 78 = 5 and 5 is a Fibonacci sequence number.
7. 1 hour 20 Day: This is a standard chart and is used in my analysis but again, I prefer the 78 minute chart. 
8. 195 minute 90 Day: 195 minutes is the trading day split in half. 2 is a Fibonacci sequence number. This chart also gives you an indication of how the first half of the day is going and what to expect for the seconds half. This is a better chart than the 4 hour chart standard chart. 
9. 4 hour 180 Day: This is a standard chart and used for shorter time frame analysis
10. 1 Day 1 Year: This shows a daily candle for the previous year of trading. Great analysis chart for all trading
11. 2 Day & 3Day 1 Year: This gives you an early look at what the weekly chart is setting up as. It is also helpful with seeing a daily squeeze but not a weekly squeeze and easier to identify a trend on a larger time frame. 
12. Weekly 3 Year: The weekly chart is great for longer time frame analysis whether it is candlestick reading such as doji's or finding opening and closing levels of previous candles.
    
13. Monthly 5 year: Another great way to look at longer time frames for analysis just like the weekly.

Few things to note. You can expand any of these time frames to longer dates. Example: Weekly 10 year will show you a weekly candle for the past 10 years. These are sort of standard and I like to keep any Fibonacci sequence numbers I can. 

Adding Custom Time Frames

To add custom time frames go to the time frames and click customize time frames or go to you chart settings and click the Favorite Time Frames tab. It is there you can add your custom times frames by clicking Add time frame....
Couple notes: Intra day is 1 day to 360 days and Daily is 1 Month to Max Available. The tick option all you need to see is the 1 day. 
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Hopefully this helps and if you need to learn more you can download the ThinkorSwim Manual