Timeframe

Definition

A timeframe defines the period each candlestick or bar represents on a chart. Common timeframes include M1 (1 minute), M5, M15, M30, H1 (1 hour), H4, D1 (daily), W1 (weekly), and MN (monthly). Scalpers use lower timeframes (M1-M15); swing traders use H4-D1; position traders use D1-MN.