Thursday, March 23, 2023
102FansLike
0FollowersFollow
5FollowersFollow
0SubscribersSubscribe

SVSI MTF

“Multi timeframe Slow Volume Strength Index” shows data of three SVSI indicators from different timeframes on the current chart.

The indicator has nine adjustable parameters:

  • EMA period – EMA SVSI calculation period
  • Smoothing – SVSI smoothing period
  • Overbought – overbought level
  • Middle – middle line
  • Oversold – oversold level
  • Drawing mode – indicator drawing type
    • Steps – as a ladder
    • Slope – sloping lines
  • First SVSI timeframe – the timeframe of the first SVSI
  • Second SVSI timeframe – the timeframe of the second SVSI
  • Third SVSI timeframe – the timeframe of the third SVSI
Fig.1. Multi timeframe Slow Volume Strength Index; H4, H8 and H12 data on the H1 chart; Drawing mode = Steps
Fig.2. Multi timeframe Slow Volume Strength Index; H4, H8 and H12 data on the H1 chart; Drawing mode = Slope