OPEN-SOURCE SCRIPT
Rsi/W%R/Stoch/Mfi: HTF overlay mini-plots
Updated
Overlay mini-plots for various indicators. Shows current timeframe; and option to plot 2x higher timeframes (i.e. 15min and 60min on the 5min chart above).
The idea is to de-clutter chart when you just want real-time snippets for an indicator.
Useful for gauging overbought/oversold, across timeframes, at a glance.
~~Indicators~~
~RSI: Relative strength index
~W%R: Williams percent range
~Stochastic
~MFI: Money flow index
~~Inputs~~
~indicator length (NB default is set to 12, NOT the standard 14)
~choose 2x HTFs, show/hide HTF plots
~choose number of bars to show (current timeframe only; HTF plots show only 6 bars)
~horizontal position: offset (bars); shift plots right or left. Can be negative
~vertical position: top/middle/bottom
~other formatting options (color, line thickness, show/hide labels, 70/30 lines, 80/20 lines)
~~tips~~
~should be relatively easy to add further indicators, so long as they are 0-100 based; by editing lines 9 and 11
~change the vertical compression of the plots by playing around with the numbers (+100, -400, etc) in lines 24 and 25
The idea is to de-clutter chart when you just want real-time snippets for an indicator.
Useful for gauging overbought/oversold, across timeframes, at a glance.
~~Indicators~~
~RSI: Relative strength index
~W%R: Williams percent range
~Stochastic
~MFI: Money flow index
~~Inputs~~
~indicator length (NB default is set to 12, NOT the standard 14)
~choose 2x HTFs, show/hide HTF plots
~choose number of bars to show (current timeframe only; HTF plots show only 6 bars)
~horizontal position: offset (bars); shift plots right or left. Can be negative
~vertical position: top/middle/bottom
~other formatting options (color, line thickness, show/hide labels, 70/30 lines, 80/20 lines)
~~tips~~
~should be relatively easy to add further indicators, so long as they are 0-100 based; by editing lines 9 and 11
~change the vertical compression of the plots by playing around with the numbers (+100, -400, etc) in lines 24 and 25
Release Notes
-fixed minor error in labeling; added more color formatting optionsRelease Notes
-added 50% line (default is toggled off)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 publication is governed by House rules. You can favorite it to use it on a chart.
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PayPal.Me/twingall
BTC: 3JrhUwNRnKyqhaa1n1AXKeAubNeEFoch6S
ETH erc20: 0x4b0400B1c18503529ab69611e82a934DDe4Ab038
ETH bep20: 0x1F0f03F184079bb1085F8C9dF3a8191C9f5869B3
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