OPEN-SOURCE SCRIPT
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.
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
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 publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
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