OPEN-SOURCE SCRIPT
Multi TF Oversold
measuring over solf on multipletime frames. Multi Timeframe Oversold RSI Scanner
Scans for stocks that are oversold across multiple timeframes simultaneously. Uses RSI (14) across the 15-minute, 1-hour, 2-hour, 4-hour, and daily timeframes.
The indicator returns a score from 0 to 5, representing how many timeframes are currently showing oversold conditions below RSI 20. A score of 5 means all timeframes are oversold simultaneously — an extremely rare and potentially powerful reversal signal. A score of 3 or higher indicates strong oversold confluence across timeframes.
Use in the TradingView Pine Screener to scan your watchlist and filter for stocks with a score of 3 or higher to find the most oversold candidates.
Scans for stocks that are oversold across multiple timeframes simultaneously. Uses RSI (14) across the 15-minute, 1-hour, 2-hour, 4-hour, and daily timeframes.
The indicator returns a score from 0 to 5, representing how many timeframes are currently showing oversold conditions below RSI 20. A score of 5 means all timeframes are oversold simultaneously — an extremely rare and potentially powerful reversal signal. A score of 3 or higher indicates strong oversold confluence across timeframes.
Use in the TradingView Pine Screener to scan your watchlist and filter for stocks with a score of 3 or higher to find the most oversold candidates.
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.
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.
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.