Thursday, March 23, 2023
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MTF RSI

The “Multi timeframes RSI” oscillator shows data of three RSI indicators from different timeframes on the current one.

It has seven input parameters:

  • RSI period – RSI calculation period
  • Overbought – overbought level
  • Oversold – oversold level
  • Drawing mode – indicator drawing type
    • Steps – as a ladder
    • Slope – sloping lines
  • First RSI timeframe – the timeframe of the first RSI
  • Second RSI timeframe – the timeframe of the second RSI
  • Third RSI timeframe – the timeframe of the third RSI
Fig.1. Multi timeframes RSI, H8, H12 and D1 data on the H1 chart, Drawing mode = Steps
Fig.2. Multi timeframes RSI, H8, H12 and D1 data on the H1 chart, Drawing mode = Slope