Hi Traders,
This is very simple tool which plots 5m, 15m, 1H, 1D, 1W and 1M timeframe RSI lines into chart irrespective of Session you are in.
You can turn ON/OFF if any RSI is not needed, also you can customize the view as well.
Strategy:
Basically,
RSI value above 60 is BULLISH
RSI value below 40 is BEARISH
Combining all timeframes we can identify the...
This script can display Multi time frame (MTF) Relative Strength Index (RSI) values. It works on any chart and appears at the top left of the screen.
1. It can plot values from 4 different time frames which can be customized.
2. Higher time frame indicates the main trend
3. Overbought and oversold levels are highlighted with different colours.