OPEN-SOURCE SCRIPT

RSI Triple Time Frame

Actualizado
This indicator / study script can display the RSI for current chart timeframe along with the RSI of 1 to 3 other timeframes.
When all 3 additional RSI are at extreme levels (overbought/sold) or crossing the neutral line (50%) at the same moment, background chart color will change accordingly.
This indicates a strong momentum convergence between all selected timeframes, hence producing a stronger signal!

Go to settings to display/modify additional timeframes and/or to enable background colors:
Green = Overbought
Red = Oversold
Yellow = crossover neutral
Orange = crossunder neutral

NB1: For a simple and easy read of the RSI, set all additional TF to current chart TF and switch on desired colors.
NB2: Please note that current chart TF is not taken into consideration to change background color. But you can always set one of the 3 additional TF to the same TF as current chart.

Bonus: If you are also a user of my “MA Bollinger Bands + RSI” strategy script, this is particularly useful to visually detect crossover and crossunder of the RSI neutral line 😉

As always, enjoy!
Notas de prensa
Neutral Line, previsouly hard coded at 50, now has it's own user input.
Notas de prensa
  • [Upadted to Pine V5]
    [Color changes between possible max & min values]
    [Cleaner input settings]

Notas de prensa
  • Upadted to Pine V5
  • Color changes between possible max & min values
  • Cleaner input settings




Notas de prensa
V5
- Fixed the 3 "Higher Time Frame RSIs" repainting issues.
multitimeframeRelative Strength Index (RSI)

Script de código abierto

Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.

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