OPEN-SOURCE SCRIPT
RSI Status v2 Multi-TF
Updated
The RSI provides two values, the RSI and the RSI-EMA. This simple indicator simply displays the status of the RSI (Green/Red) and the associated values for the Weekly, Daily and 4-hour time-frames, regardless of what time-frame you are viewing. The exception is the 4-hour value, that will have a minor difference when viewed from the Daily or Weekly due to the code picking up the first 4-hour reading of the day rather than the final 4-hour (end-of-day). It will read correctly when viewing the 4-hour chart.
Release Notes
UPD: Changed the EMA over to SMA (14-period) of the RSI.Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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