Description: This adapted RSI (Relative Strength Index) indicator combines multi-timeframe analysis with multi-cryptocurrency monitoring, offering traders a comprehensive view of market conditions across different assets and time horizons.
Key Features:
Multi-Timeframe Analysis: Monitors Daily, Weekly, and Monthly RSI values simultaneously
Multi-Crypto Tracking: Compare RSI readings across 4 different cryptocurrencies (this can be increased if requested)
Analyze market conditions across different timeframes
Identify potential trend changes and market regimes
Get clear trading signals based on RSI levels
Compare market strength across different crypto assets
The indicator helps identify potential entry and exit points while providing a broader market context through its multi-timeframe and multi-crypto RSI analysis.