RSI_magistratura

🔹 What we’re learning:
— The difference between classic oscillators (MACD, RSI, Stochastic) and our custom RSI Magistratura indicator,
— Why using three indicators is inefficient,
— How one single tool can replace an entire arsenal.
🔹 Classic indicators: what do they show?
— MACD — convergence/divergence of moving averages,
— RSI — relative strength of price movement,
— Stochastic — price level within the current range.
📌 Common features:
→ All three show similar dynamics:
Smoothed lines,
Divergences,
Crossovers.
→ But each has its own nuances.
🔹 Why do traders combine them?
— Some use:
MACD + Stochastic → to confirm signals,
RSI + Stochastic → to assess overbought/oversold conditions,
Or all three at once — to "not miss" a signal.
📌 The problem:
— The more indicators you add — the more noise you get,
— Less space left for the actual price chart,
— Decisions become emotional, not systematic.
🔹 How many indicators are needed?
— Just for trend analysis:
→ 3–4 Moving Averages (SMA),
— Plus 3 oscillators: MACD, RSI, Stochastic,
→ Total: 7 indicators.
📌 This clutters the chart and makes it hard to see the real picture.
And it often requires a paid TradingView subscription.
🔹 How did we solve this?
— We created the custom RSI Magistratura indicator,
— It combines:
Key features of MACD, RSI, and Stochastic,
Data from all timeframes in one place.
🔹 Advantage #1: Color-coded system
— Colors match those in SMA Magistratura:
1 hour — purple,
4 hours — black/white,
1 day — aqua,
1 week — peach,
1 month — maroon,
3 months — brown.
→ Easy to remember, easy to navigate.
🔹 Advantage #2: Universality
— On any timeframe, you see:
Current,
Higher,
And up to 5 higher timeframes.
→ For example: on 15-minute chart — you see 1H, 4H, 1D,
→ On 1H — you see 4H, 1D, 1W,
→ No need to switch between multiple indicators.
🔹 Advantage #3: Precision and speed
— You see simultaneously:
Short-term fluctuations,
Mid-term trends,
Long-term context,
→ Without switching charts or timeframes.
🔹 Example: RSI across timeframes
— On Daily — RSI moves slowly,
— On 4H — faster,
— On 1H — even more responsive,
→ But crossovers and divergences remain consistent — just scaled.
📌 Important:
— You don’t need all timeframes at once,
— Enough to track: current, senior, and next one,
→ This is the perfect balance between information and clarity.
🔹 Conclusion:
— Classic indicators are good — but inefficient when used in bulk,
— The RSI Magistratura is:
A system, not a toolkit,
Simplification, not clutter,
Quality analysis, not guesswork.
💡 Use it — and you’ll see the market clearer, make decisions with more confidence.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact NZ_27 directly.
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Author's instructions
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Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact NZ_27 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.