What is MTF Strategy
MTF: Multi-time frame functions of Streak are used to create strategies based on two different time frame charts.
, For example,, if you want to check the entry conditions on the 5-minute time frame and you want to check the exit conditions on the 15-minute time frame, then you can select the base time frame as 5 minutes and create the exit conditions using the MTF function by selecting 15 minutes inside the MTF function. Refer to the below screenshot for the example conditions for the same-
In the above conditions, the Strategy base time frame is 5 minutes and the Exit conditions are created inside the 15-minute multi-timeframe.
The Multi-time frame (MTF) function by design checks your conditions on partial candles as the larger time frame candles take more time to be completed. Thus the exit conditions will be checked on the 15-minute chart after every 5-minute close, and you will receive an exit after the close of the 5-minute candle in which the 15-minute conditions are met on the chart (even before the 15-minute candle close-on partial candle basis). You can create the conditions for your requirement in a similar manner.
Do note that due to the use of partial candles, the Multi time frame results can be unverifiable on the charts. Also, while using the MTF function in backtesting, it can have a look-ahead bias as the data for a higher timeframe is already available.
If you want to avoid the look-ahead bias in the backtest and get verifiable results in the live trades, you can use the Multi-time frame completed function of Streak, instead of the multi-timeframe function. Multi-time frame completed function by design checks the conditions on the completed candle of the larger time frame. Click on the below link to learn more about this:
https://help.streak.tech/create_advanced/#multi-timeframe-functions
For detailed explanation of the MTF function with an example refer to the below answer-
Hope this helps.