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MTF RSI Bias (H1) + 1M Entry - IndicatorV2

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TF RSI Bias (H1) + 1M Entry — Indicator

Purpose
A clean, rules-based intraday tool that aligns fast 1-minute entries with a higher-timeframe (1-hour) momentum bias. Built for scalpers and short-term traders who want simple, repeatable signals with optional filters.

How it works

Higher-TF Bias (H1):
The indicator computes RSI on the 1-hour timeframe and compares it to its SMA.

RSI > RSI-SMA → LONG bias

RSI < RSI-SMA → SHORT bias
The chart background can be tinted to show the current bias.

Entry (1-minute):
Signals fire when the 1-minute RSI crosses its own SMA in the direction of the H1 bias.

Built-in filters (all optional)

EMA Alignment: Only take longs above, and shorts below, a configurable EMA.

VWAP Alignment: Only take longs above, and shorts below, session VWAP.

Session Window: Limit signals to a trading session (e.g., 09:30–16:00 exchange time).

Confirm on Close: Validate signals only after the bar closes (reduces noise).

One Signal per Bar: Prevents multiple triggers within the same bar.

Only First Signal After Full Hour: Allows just the first valid signal after :00 each hour; further signals are suppressed until the next hour starts.

Presets (convenience defaults)

Use the Market Preset dropdown to auto-configure sensible defaults:

NASDAQ (NQ/NAS100): EMA 20, VWAP on, Session 09:30–16:00.

Gold (XAUUSD): EMA 21, VWAP on, Session off (24/5).

Bitcoin (BTCUSD): EMA 34, VWAP off, Session off (24/7).
Select Custom to set everything manually.

Signals & Alerts

Plots BUY/SELL markers on the chart when conditions are met.

Two ready-to-use alerts: “MTF RSI Long” and “MTF RSI Short.”

Inputs you can tune

RSI Lengths (H1 bias and 1M entry), RSI-SMA lengths

EMA length and EMA/VWAP toggles

Session on/off and session hours

Confirm on Close, One Signal per Bar, Only First Signal After Full Hour

Preset selection (Custom / NASDAQ / Gold / BTC)

Usage notes

Designed for a 1-minute chart with H1 as the bias timeframe.

Works on other entry timeframes if desired (keep H1 as bias for consistency).

This is an indicator (no orders/backtest)—use your own risk management and execution rules.

Always forward-test before using in live markets.

Aviso legal

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