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OPEN-SOURCE SCRIPT

Multi-Timeframe RSI Grid

By jmosullivan
Updated
The relative strength index (RSI) is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions. The RSI is normally displayed as an oscillator separately from price and can have a reading from 0 to 100. This indicator displays the current RSI levels at up to 6 timeframes (of your choosing) in a grid. If the RSI levels reach overbought (above 70) or oversold (below 30) conditions, it changes the color to help you see that RSI has reached extreme levels. Note that in TradingView, when the chart is on a higher timeframe, the lower timeframe RSI levels don't calculate properly. If those conditions are met, this indicator will hide those values in the grid. If none of your selected values are available, it hides the table completely. There are configuration options, like:

  • Position the grid in any corner of the screen
  • Style customization (color, size)
  • Customize RSI length
Release Notes
Bugfixes
  • Some timeframes were not showing up depending on how TV returned their values (eg 1D vs D)
  • Larger timeframes were displaying NaN if there wasn't enough historical data
Release Notes
Simplified coloring and updated defaults
Release Notes
Fixed a very annoying bug that caused the table colors to become incorrect randomly.
Release Notes
User requested that we add a larger text size...
Release Notes
Added session input option to correct lower timeframe RSI readings when on the daily timeframe (and above).
Release Notes
Fixes a bug where RSI values do not return correctly on futures when in replay mode.
Release Notes
TradingView currently has some bugs in their system that cause visible elements (Tables, Labels, Lines) flicker on and off when the data comes out of arrays or matrices. I had to implement a short-term patch to unwind this indicator's use of the Table library until TradingView can get their ducks in a row. So, this release should fix the problem for everyone in the interim.
Release Notes
12h RSI was calculating incorrectly.
multipletimeframemultipletimeframeanalysisoverboughtoversoldrelative-strength-indexRelative Strength Index (RSI)

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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jmosullivan
I release TradingView indicators and libraries designed to make you a better trader. For detailed info about them, head over to improve.trading
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