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:
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用，没有任何限制 — 了解更多信息这里。
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。