Trading can be done using only 5-minute candles, but it is highly valuable to check larger timeframes

Hello, I am professional trader Riker.

I developed "Polaris Alpha," which is designed to enter, take profit, and cut losses according to signals, so for standard trading, you only need 5-minute charts.

If you place OCO orders according to the 5-minute signals, you don't need to look at other timeframes, and fine-grained trading decisions and chart inspection can be kept to a minimum.

It is especially user-friendly for those aiming to trade by "following only the signals" and for people who cannot stay glued to charts for work.

That said, is it perfectly fine to ignore large timeframes? The answer is “NO.”

"It is meaningful to check the large timeframes (4-hour and daily) once a day before trading

The reason is simple.
By understanding the direction of the trend and the broad movement of the market, you can train your ability to “select and discard” signals for the discretionary trades you will perform in the future.

For example, if the daily chart shows a clear uptrend, the reliability of buy signals on the 5-minute chart increases. On the other hand, if the daily chart is ranging, 5-minute signals are more prone to false signals, so reducing position size or skipping trades is effective.

Also, the 4-hour chart indicates medium-term momentum, so it is convenient for reading around major indicators and changes in volatility.

Practically, before starting a trade,
“Confirm the daily trend → Check recent momentum on the 4-hour chart → Follow the signals on the 5-minute chart”
this sequence is effective.

Checking the larger timeframes takes only a few minutes once a day before you begin trading.
If you are pressed for time, even checking only the daily chart increases situational judgment accuracy and reduces unnecessary losses.

Moreover, checking multiple timeframes provides psychological ease as well.
Once you grasp the overall picture, you will be less swayed by short-term noise, making it easier to respond calmly during drawdowns.

In summary,
for everyday trading, 5-minute charts alone are sufficient, but developing a habit of checking larger timeframes daily greatly improves discretionary accuracy and stability.

Please check the details on the product page below：
https://www.gogojungle.co.jp/tools/indicators/63017

First experience the basic flow, then find a method of checking larger timeframes that suits you.