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RSI5 Multi Time Frame Indicator

3 323
Created by Andrew Palladino.
Date of Creation: 12/13/2016

Checks overbought or oversold conditions across 5 time frames.

If Time frame 1, 2 and 3 are all overbought then bar color changes to red
If Time frame 1, 2 and 3 are all oversold then bar color changes to green
If Time frame 1, 2, 3, 4 and 5 are all overbought then a vertical red line is added to the plot
If Time frame 1, 2, 3, 4 and 5 are all oversold then a vertical green line is added to the plot

The user has the ability to change:
1) Any of the 5 time frames (Set in minutes: m5 = 5, m15 = 15, h1 = 60, h4 = 240, D = 1440...)
2) RSI overbought threshold Level
3) RSI oversold threshold Level
4) RSI Period

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.