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RSI Confluence - 3 Timeframes V1.1

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RSI Confluence – 3 Timeframes V1.1
RSI Confluence – 3 Timeframes v1.1 is a powerful multi-timeframe momentum indicator that detects RSI alignment across three timeframes. It helps traders identify high-probability reversal or continuation zones where momentum direction is synchronized, offering more reliable entry signals.
✅ Key Features:
📊 3-Timeframe RSI Analysis: Compare RSI values from current, higher, and highest timeframes.
🔁 Customizable Timeframes: Select any combination of timeframes for precision across scalping, swing, or positional trading.
🎯 Overbought/Oversold Zones: Highlights when all RSI values align in extreme zones (e.g., <30 or >70).
🔄 Confluence Filter: Confirms trend reversals or continuations only when all RSIs agree in direction.
📈 Visual Signals: Displays visual cues (such as background color or labels) when multi-timeframe confluence is met.
⚙️ Inputs:
RSI Length: Define the calculation length for RSI.
Timeframe 1 (TF1): Lower timeframe (e.g., current chart)
Timeframe 2 (TF2): Medium timeframe (e.g., 1H or 4H)
Timeframe 3 (TF3): Higher timeframe (e.g., 1D or 1W)
OB/OS Levels: Customizable RSI overbought/oversold thresholds (default: 70/30)
Show Visuals: Toggle for background color or signal markers when confluence conditions are met
📈 Use Cases:
Identify trend continuation when all RSIs support the same direction
Spot strong reversal zones with RSI agreement across TFs
Improve entry accuracy by avoiding false signals on a single timeframe
Suitable for multi-timeframe strategy confirmation

Penafian

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