Timeframe let's you know what is happening at the moment,or at present and it also give us an understanding of what is going to happen in the future and also give us what is happening in broader sense of things.

Higher timeframe candles are combination of lower timeframe candles

For instance if you look at a building a building is made up of blocks...you need to see this block as a small unit of the house so in the same sense multi 5 mins candles will give you a higher timeframe candle

When choosing your timeframe you should pick two timeframe :

Higher timeframe : this is where you get a broader view of the market so as to get a glimpse of the market

Lower timeframe: this is your entry timeframe where you follow in line with the higher timeframe

You must make sure that you HTF and LTF are very close

Let say you want to look into a box you just stand up and look but it is different from when you now climb a ladder to then look into the box (the issue is it is too far)..ie you will not be able to look out what is happening in the market objectively that is while you need a timeframe that is relatively close to your entry Timeframe .Whatever timeframe you choose as your entry you need to choose a timeframe that is a bigger timeframe but it is not too far away that you will not be able to make sense of what is happening

Ie if you decide to trade at the 15 mins and you are now looking at the weekly chart it is relatively far so you won't be able to make a clear persceptive of what will happen on the small timeframe using the weekly ie how many 15 mins candle will make one week candle and u are looking at the entire weekly chart this is while you need to use a timeframe that is relatively close to your entry timeframe

For e.g what I do I use a minimum of two timeframe analysis whatever timeframe I am using as my entry timeframe I multiply such a timeframe by 4, so I use the multiplication to get what my HTF will be .

For e.g

Let say I am using 15mins as my entry timeframe so for me to know my higher timeframe I will multiply it by 4 ie 15mins X 4 = 1hr

15 mins is my entry timeframe

While the one hour is my higher timeframe NB : this doesn't mean that we can not use other timeframe but the key here is that we don't want it to be too far away so that we can make sense of what is happening in the market

I can use 15,mins and 4hr however we don't want it to be too far away

Another thing to take note of is that if it is in it impulsive phase we should note that the timeframe if we drop down to the timeframe we are going to move in the direction we speculated or analysed on the HTF or is going to go to the direction we have already selected the market to go to. While if it is a pullback/ retracement or corrective move we expect on the LTF we expect the LTF to be go against the direction of the HTF(or going against the general trend we have selected on the HTF)

Factors to consider when choosing a timeframe

1.Personality - if you are a kind of person that don't want to loss too much on a trade you can go for a HTF ie 1Hr as entry(LTF) and 4Hr as HTF since you won't be placing many trades and you won't have the time to be on the screen checking chart ..ie you don't want to risk too much too fast However if you like to risk too much so as to be placing more trades and be checking the chart occasionally then you go for LTF as both entry and HTF ie 15mins and 1HR(HTF) bc for the LTF your trades happen faster over a shorter period of time

If you are a person who likes to be conservative you don't like you don't like to risk too much then trading on the HTF will be the best option for you say you ie use the 1hr as entry and 4Hr or Daily as HTF but of you are the kind of person that could like to risk more over a short period of time then trading on the LTF will be the best option ie 15mins as entry timeframe them 1hr or 8hr as HTF

2. Patience: If you are a person that don't like to keep trades over night or keep trades over long period of time let say a week or couple of days or a month.it will give you an understanding that looking out you can't be looking at either the Daily or 4Hr you have to look out the LTF because you don't want your trade to go on the night or stay for a couple of days running but if you are person that is comfortable leaving your trade to run for long period of time let say a week , a month then you can look to the higher timeframe as your potential entry and Highertimeframe (HTF)

3. Stress /Risk appetite: If you are a person who want to keep checking his or her trade and you tend to panic a lot about your trade, you want to check what is happening then you should probably be looking at a Lowertimeframe (LTF) because that way your trades happen fast over a shorter period of time , if you are the kind of person that don't like to risk too much and you do keep you trade over a long period and you are comfortable letting your trade to do what they like over a long period of time then you should be looking at a HTF as entry and HTF

4. Lifestyle : if you have a job that takes you away from your screen for long periods of the day then probably you should be looking to trade the HTF .You can just place a trade and let it go or run probably when you are done with work or whatever that has kept you busy, you come back check your trade and see how it has run in your favor..If you have a lifestyle whereby you have a lot of free time to spend on the screen then you can look for LTF as your entry and HTF ..If you have time that you can constantly spare then it is fine to use LTF as entry and HTF because you have the time to monitor it . To know when it is going against you or knowing when to step out..This is while all these things need to be taken into consideration before selecting the timeframe to use . This things eventually let you know the kind of trade you are.