PROTECTED SOURCE SCRIPT
MTF RSI Bias (H1) + 1M Entry - IndicatorV2
TF RSI Bias (H1) + 1M Entry — Indicator
Purpose
A clean, rules-based intraday tool that aligns fast 1-minute entries with a higher-timeframe (1-hour) momentum bias. Built for scalpers and short-term traders who want simple, repeatable signals with optional filters.
How it works
Higher-TF Bias (H1):
The indicator computes RSI on the 1-hour timeframe and compares it to its SMA.
RSI > RSI-SMA → LONG bias
RSI < RSI-SMA → SHORT bias
The chart background can be tinted to show the current bias.
Entry (1-minute):
Signals fire when the 1-minute RSI crosses its own SMA in the direction of the H1 bias.
Built-in filters (all optional)
EMA Alignment: Only take longs above, and shorts below, a configurable EMA.
VWAP Alignment: Only take longs above, and shorts below, session VWAP.
Session Window: Limit signals to a trading session (e.g., 09:30–16:00 exchange time).
Confirm on Close: Validate signals only after the bar closes (reduces noise).
One Signal per Bar: Prevents multiple triggers within the same bar.
Only First Signal After Full Hour: Allows just the first valid signal after :00 each hour; further signals are suppressed until the next hour starts.
Presets (convenience defaults)
Use the Market Preset dropdown to auto-configure sensible defaults:
NASDAQ (NQ/NAS100): EMA 20, VWAP on, Session 09:30–16:00.
Gold (XAUUSD): EMA 21, VWAP on, Session off (24/5).
Bitcoin (BTCUSD): EMA 34, VWAP off, Session off (24/7).
Select Custom to set everything manually.
Signals & Alerts
Plots BUY/SELL markers on the chart when conditions are met.
Two ready-to-use alerts: “MTF RSI Long” and “MTF RSI Short.”
Inputs you can tune
RSI Lengths (H1 bias and 1M entry), RSI-SMA lengths
EMA length and EMA/VWAP toggles
Session on/off and session hours
Confirm on Close, One Signal per Bar, Only First Signal After Full Hour
Preset selection (Custom / NASDAQ / Gold / BTC)
Usage notes
Designed for a 1-minute chart with H1 as the bias timeframe.
Works on other entry timeframes if desired (keep H1 as bias for consistency).
This is an indicator (no orders/backtest)—use your own risk management and execution rules.
Always forward-test before using in live markets.
Purpose
A clean, rules-based intraday tool that aligns fast 1-minute entries with a higher-timeframe (1-hour) momentum bias. Built for scalpers and short-term traders who want simple, repeatable signals with optional filters.
How it works
Higher-TF Bias (H1):
The indicator computes RSI on the 1-hour timeframe and compares it to its SMA.
RSI > RSI-SMA → LONG bias
RSI < RSI-SMA → SHORT bias
The chart background can be tinted to show the current bias.
Entry (1-minute):
Signals fire when the 1-minute RSI crosses its own SMA in the direction of the H1 bias.
Built-in filters (all optional)
EMA Alignment: Only take longs above, and shorts below, a configurable EMA.
VWAP Alignment: Only take longs above, and shorts below, session VWAP.
Session Window: Limit signals to a trading session (e.g., 09:30–16:00 exchange time).
Confirm on Close: Validate signals only after the bar closes (reduces noise).
One Signal per Bar: Prevents multiple triggers within the same bar.
Only First Signal After Full Hour: Allows just the first valid signal after :00 each hour; further signals are suppressed until the next hour starts.
Presets (convenience defaults)
Use the Market Preset dropdown to auto-configure sensible defaults:
NASDAQ (NQ/NAS100): EMA 20, VWAP on, Session 09:30–16:00.
Gold (XAUUSD): EMA 21, VWAP on, Session off (24/5).
Bitcoin (BTCUSD): EMA 34, VWAP off, Session off (24/7).
Select Custom to set everything manually.
Signals & Alerts
Plots BUY/SELL markers on the chart when conditions are met.
Two ready-to-use alerts: “MTF RSI Long” and “MTF RSI Short.”
Inputs you can tune
RSI Lengths (H1 bias and 1M entry), RSI-SMA lengths
EMA length and EMA/VWAP toggles
Session on/off and session hours
Confirm on Close, One Signal per Bar, Only First Signal After Full Hour
Preset selection (Custom / NASDAQ / Gold / BTC)
Usage notes
Designed for a 1-minute chart with H1 as the bias timeframe.
Works on other entry timeframes if desired (keep H1 as bias for consistency).
This is an indicator (no orders/backtest)—use your own risk management and execution rules.
Always forward-test before using in live markets.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.