PROTECTED SOURCE SCRIPT
Multi Timeframe RSI Heatmap 1.0
This indicator allows for multi timeframe analysis of RSI(14) according to defined extreme levels across 6 timeframes.
The script loads focused on 0, just alter the scale to see all 6 timeframes. Timeframes can be set according to your pre-loaded timeframes, or with any custom timeframe by first loading it as a timeframe option.
High/Low levels set at 50 the indicator gives an overview of RSI levels at 6 timeframes.
High/Low levels set above and below 50 periods of market chop can be identified (as in the chart). This can alow for effective identification of continuation trade entries.
With High/Low levels set at extremes like 75/25 confluences of oversold/overbought levels can be identified as an exit indicator or for counter-trend scalping opportunities.
Script inspired by the multi-RSI by azimuthdynamics here:
The script loads focused on 0, just alter the scale to see all 6 timeframes. Timeframes can be set according to your pre-loaded timeframes, or with any custom timeframe by first loading it as a timeframe option.
High/Low levels set at 50 the indicator gives an overview of RSI levels at 6 timeframes.
High/Low levels set above and below 50 periods of market chop can be identified (as in the chart). This can alow for effective identification of continuation trade entries.
With High/Low levels set at extremes like 75/25 confluences of oversold/overbought levels can be identified as an exit indicator or for counter-trend scalping opportunities.
Script inspired by the multi-RSI by azimuthdynamics here:
Script protégé
Ce script est publié en source fermée. Cependant, vous pouvez l'utiliser librement et sans aucune restriction – pour en savoir plus, cliquez ici.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script protégé
Ce script est publié en source fermée. Cependant, vous pouvez l'utiliser librement et sans aucune restriction – pour en savoir plus, cliquez ici.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.