modification by Richard Siegers that turned stochastic mtf from ChrisMoody into stochastic-rsi mtf
Feel free to use this Multi Time Frame RSI indicator. You can select up to 4 time frames. You can plot either each of them or the average of all 4 or the faster 3. Enjoy. Please leave a like if it is useful to you.
The system uses 1 hour and 15 min timeframe data. Signals coming from 15 min Inverse Fisher Transform of SMI and stochastic RSI are confirmed by 1 hour Inverse Fisher Transform SMI, according to the following rules: long cond.: 15 min IFTSMI crosses ABOVE -0.5 or SRSI k-line crosses ABOVE 50 while 1-hour IFTSMI is already ABOVE -0.5 short cond.:15 min IFTSMI...
CM_Ultimate RSI MTF modified. enough one extra line? NO, I need more lines! I added another timeframe's extra RSIline. default 60/15/5m RSIline
Easy script that give you to find low points in much more effective way ,so it very good to find entry exit can be by fibs , pivot or take profit system etc but the hardest thing in a trade is to locate where the low is found so using this special rsi +mtf system of no repaint it more easy to detect it
light green = 1m green = 5m light blue = 15m blue = 1h light purple = 4h purple = 1d