godtrix

Multiple Timeframe RSI with 2 MA by Godtrix

Hi guys, how ya doing!

I know sometimes you'll need multiple timeframe RSI to study your chart, so do I, therefore I'll share my multi RSI tool for you.

  • There are total 3 RSI for you to use, you can turn each ON or OFF
  • I've added more colored value lines for your better view
  • Also provided a choice for smooth line or step line where there's no gap for higher timeframe RSI on a smaller timeframe chart
  • MA (SMA) is provided for smoother, less noise lines

Indicator Tips:
Bullish - When it is above 50, this is where you might want to decide whether to close your short order or new short order at top
Bearish - When it is below 50, this is where you might want to decide whether to close your long order or new long order at low

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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