Importance of having multiple charts in your Screen

These are the routine that I go through every time I analyze a chart. You may use this or enhance this routine. This will help me decide a good opportunity to trade

Chart used
1 day chart

•  tools used, SMA 20, SMA 50 help to identify trend
• Bollinger Bands paired with RSI and Stochastic Oscillator help identify over bought or over sold
• Candle stick - engulfing both bearish and bullish
• Pivot - identify support and resistance 

I seldom trade on this chart but if i do that if the RSI and stochastic and boilenger are pointing one direction however need to be carefull with this one since Stop lost may consume lot of pips trade usually go with in 1 to 3 days. 

4hrs Chart

• tools used, SMA 20, SMA 50 to identify trend
• Harmonious Pattern (head and shoulder)
• Stochastic Oscillator and Bollinger Bands  to identify overbought or over sold
• Candle stick - engulfing both bearish and bullish w/ MACD to identify momentum
• Pivot - identify support and resistance 

I trade in this chart when i se Head and shoulder pattern and a Candle stick engulfing but usually 4hrs chart is my confirmation using stochastic for trading in 1hr chart. I make sure 4hr chart stochastic is thesame direction with 1hr chart stochastic. Trade on this will last until pattern complete or 2 to 3 candles if i trade with engulfing or depends with the momentum (MACD)

1 hr Chart

• tools used drawing tools for pattern and trend
• SMA to know the trend (20 and 50)
• Stochastic , Bollinger and RSI bands to know over bought or over sold
• Pattern (Head and shoulder or "S")
• Pivot for support and resistance 
• Candle stick - engulfing 

I usually get my trade on this chart, Its where i identify the support and resistance by usind drawing tools and pivot. When ever Bollinger and stochastic are in one direction or stochastic and RSI in one direction  (overbought or oversold) i confirm it to 4hrs chart stochastics if confirm i take a trade. When ever pattern is shown most specially head and shoulders i take a trade, Candle stick are showing signal also i take trade 3 to 4 candles. 

5min Chart

• Tools used, Bollinger and Stochastic - to identify over bought or sold
• Pivot for Support and Resistance 

5min chart is my point of entry chart when ever 1hr chart or 4hrs chart provide trade for me my point of entry will be in 5min making sure it is on the overbought and oversold.