Multi-Timeframe RSI Grid

The relative strength index (RSI) is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions. The RSI is normally displayed as an oscillator separately from price and can have a reading from 0 to 100. This indicator displays the current RSI levels at up to 6 timeframes (of your choosing) in a grid. If the RSI levels reach overbought (above 70) or oversold (below 30) conditions, it changes the color to help you see that RSI has reached extreme levels. Note that in TradingView, when the chart is on a higher timeframe, the lower timeframe RSI levels don't calculate properly. If those conditions are met, this indicator will hide those values in the grid. If none of your selected values are available, it hides the table completely. There are configuration options, like:

Position the grid in any corner of the screen
Style customization (color, size)
Customize RSI length

Note di rilascio

Bugfixes

Some timeframes were not showing up depending on how TV returned their values (eg 1D vs D)
Larger timeframes were displaying NaN if there wasn't enough historical data

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Simplified coloring and updated defaults

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Fixed a very annoying bug that caused the table colors to become incorrect randomly.

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User requested that we add a larger text size...

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Added session input option to correct lower timeframe RSI readings when on the daily timeframe (and above).

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Fixes a bug where RSI values do not return correctly on futures when in replay mode.

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TradingView currently has some bugs in their system that cause visible elements (Tables, Labels, Lines) flicker on and off when the data comes out of arrays or matrices. I had to implement a short-term patch to unwind this indicator's use of the Table library until TradingView can get their ducks in a row. So, this release should fix the problem for everyone in the interim.

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12h RSI was calculating incorrectly.

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Upgraded to Pine v6. Major overhaul to implementation, including:

Customization of overbought/oversold levels
Addition of extreme overbought/oversold levels
Improvements to superstack labels, better illustrating when you are in superstack overbought/oversold conditions visually on the chart
Slight performance improvements

Script open-source

In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.

Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.

jmosullivan

I release TradingView indicators and libraries designed to make you a better trader. For detailed info about them, head over to improve.trading

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Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.