OPEN-SOURCE SCRIPT
MT-RSI
This script shows a "Multi Timeframe RSI" for a range. You could use this script to quickly detect if the RSI of the higher and lower timeframes are overbought or oversold.
RSI is relative to a lower timeframe. So 1H is relative to the 4H and the 4H relative to the 1D chart etc...
In this example you can see that the 1H timeframe (green line) is performing well but is in overbought territory, but the 4H timeframe (blue line) dit not perform that great relative to the 1H timeframe.
RSI is relative to a lower timeframe. So 1H is relative to the 4H and the 4H relative to the 1D chart etc...
In this example you can see that the 1H timeframe (green line) is performing well but is in overbought territory, but the 4H timeframe (blue line) dit not perform that great relative to the 1H timeframe.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.