# Bollinger MTF (MultiTimeFrame)

#### Description <a href="#description_10" id="description_10"></a>

The Bollinger MTF is the multi-timeframe version of the Bollinger Bands, and its main use is in intraday trading. Multi-timeframe means that the indicator is calculated in a separate timeframe than that which is displayed in the chart. With the standard Bollinger band indicator, displaying an hourly Bollinger band in a 5-minute timeframe would not be possible – this is the point at which the MTF becomes useful. BollingerMTF can only be used for display in the chart and cannot be applied/implemented in AgenaScript.

#### Visualization <a href="#visualization_12" id="visualization_12"></a>

The image shows a 5-minute chart with a 60-minute Bollinger band

![Bollinger MTF (MultiTimeFrame)](https://agenatrader.github.io/AgenaIndicator-documentation/media/BollingerMTF.jpg)


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