OPEN-SOURCE SCRIPT

Aggregate RSI (4 Timeframes) PT

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**Aggregate RSI (Multi-Timeframe Average)**

This indicator provides a simple yet powerful view of market momentum by combining RSI values from multiple timeframes into a single line.

Instead of relying on a single RSI, this script calculates the average RSI across four user-selected timeframes (e.g., 5m, 15m, 1h, 4h). This helps smooth out noise and gives a broader perspective of trend strength and market bias.

**How it works:**

* Computes RSI for each selected timeframe using the same length
* Averages the four RSI values into one “Aggregate RSI”
* Displays the result in a separate pane (like a standard RSI)

**Visual behavior:**

* Line turns **green** when Aggregate RSI is above 50 (bullish bias)
* Line turns **red** when below 50 (bearish bias)

**Why use it:**

* Quickly assess multi-timeframe momentum in one glance
* Filter out lower timeframe noise
* Identify stronger trend alignment across timeframes

**Inputs:**

* RSI Length
* 4 customizable timeframes
* Source (default: close)

This is a lightweight tool designed for clarity and simplicity. It can be used on any asset and timeframe.

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*Tip: Combine this with price action or higher timeframe structure for better decision-making.*

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