OPEN-SOURCE SCRIPT
Updated Relative Strength Index RSI FREE , Multi-Timeframe MTF //BPS
Multi-timeframe RSI with up to three timeframes plotted
simultaneously plus a 10-timeframe trend-confluence dashboard.
📊 WHAT IT SHOWS
• Up to 3 RSI lines on chart from independent timeframes
• 10-timeframe dashboard (D → 1m) with RSI values + direction arrows
• Configurable overbought / oversold / middle levels
• Confluence signals when 2 or 3 TFs agree (BULL ▲ / BEAR ▼)
• Optional background highlight on trend confluence
🎯 HOW TO USE
• Trade in direction of higher TF — only long when 4h+ RSI > 50
• Wait for confluence — all 3 TFs agreeing = high-probability setup
• Look for RSI divergence on HTF combined with oversold on LTF for entries
• Use as a filter, not a trigger — pair with structure breaks
🔑 KEYWORDS
RSI, Relative Strength Index, Multi-Timeframe RSI, MTF RSI, RSI
Divergence, Overbought, Oversold, Confluence, RSI Dashboard,
Wilder, Momentum Oscillator
simultaneously plus a 10-timeframe trend-confluence dashboard.
📊 WHAT IT SHOWS
• Up to 3 RSI lines on chart from independent timeframes
• 10-timeframe dashboard (D → 1m) with RSI values + direction arrows
• Configurable overbought / oversold / middle levels
• Confluence signals when 2 or 3 TFs agree (BULL ▲ / BEAR ▼)
• Optional background highlight on trend confluence
🎯 HOW TO USE
• Trade in direction of higher TF — only long when 4h+ RSI > 50
• Wait for confluence — all 3 TFs agreeing = high-probability setup
• Look for RSI divergence on HTF combined with oversold on LTF for entries
• Use as a filter, not a trigger — pair with structure breaks
🔑 KEYWORDS
RSI, Relative Strength Index, Multi-Timeframe RSI, MTF RSI, RSI
Divergence, Overbought, Oversold, Confluence, RSI Dashboard,
Wilder, Momentum Oscillator
Release Notes
Fullscreen PreviewOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Try 3 days free
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Try 3 days free
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.