Author:
www.mt4exclusive.com
Description:
Ever struggled to spot overbought or oversold levels across different timeframes? The Advanced MTF RSI Indicator is your go-to tool! With this handy indicator, you can easily identify these critical levels on a single chart. Plus, short-term trades can be validated by looking at higher timeframe RSI levels.
MTF RSI in Action
Thanks to its Automatic Timeframe Recognition feature, you won't have to sift through a ton of unnecessary data in the RSI indicator window. When you switch your chart's timeframe, the indicator automatically updates the displayed RSI values. It also stops calculating values from lower timeframes, which means less strain on your system resources.
The RSI is one of the most popular indicators out there, and its levels are crucial in every trading scenario. The Multi-Timeframe version of the RSI Indicator gives you leading trading signals with an easy-to-read format.
- Professionally coded
- Automatic timeframe recognition
- Compatible with any broker and currency
- Provides leading trading signals
- User-friendly readability
This indicator is fully customizable to suit your trading style and setups.
RSI Period: Set the period for your RSI calculations just like you normally would.
Available Timeframes:
- M1 - 1 Minute
- M5 - 5 Minutes
- M15 - 15 Minutes
- M30 - 30 Minutes
- H1 - 1 Hour
- H4 - 4 Hours
- D1 - Daily
- W1 - Weekly
RSI Price: Set your price constant for the RSI calculation:
- 0 = Close price
- 1 = Open price
- 2 = High price
- 3 = Low price
- 4 = Median price, (high+low)/2
- 5 = Typical price, (high+low+close)/3
- 6 = Weighted close price, (high+low+close+close)/4
SCREENSHOTS
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