Multi timeframes RSI Screener & indicator by noop42 by noop-noop

relativestrengthindex mtf convergence multitimeframe screener

Since my previous x4 multi timeframes Stochastic RSI script seems to have been appreciated, I decided to make a 2nd version of this tool which focuses on the RSI indicator only.

Default parameters

RSI length : 14
Timeframes: 5, 15, 60, 240
OB/OS zones : 70 & 30
Repaint mode: enabled
Display lines: enabled
Display screener: enabled
Convergence warnings: timeframes 1, 2 & 3

Details

Repaint mode : Disabling it makes the indicator wait for the current candle to close before to change its value
Display lines: Allows you to disable RSI lines drawings, in order to move the screener on your main chart for example.
Display screener: Allows you to disable the screener, in order to use RSI lines only
OB/OS convergences warnings : Allows you to select which timeframe(s) must be taken into consideration for convergence signals (Selected timeframes can be distinguished in the screener, followed by a * char in the timeframes column)

Note The Stochastic RSI version of this tool is available here

Multi timeframe Stochastic RSI Screener by noop42

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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