Skip to content
All library documents

Combining RSI Values Across Three Timeframes

Article MQL5 code base
Read the original

Summary

This indicator displays three Relative Strength Index series from user-selected timeframes in a separate chart window, together with their average. It lets users set the RSI period and overbought and oversold levels, choose which timeframe series to show, and select either step-style or sloped-line drawing. The examples describe viewing H4, H8, and D1 RSI data on an H1 chart in both drawing modes.

The document explains the indicator’s display and configuration options, but provides no trading rules, backtest, or performance evidence. A multi-timeframe view may help users compare RSI readings across horizons, while the average provides a combined reference; the document does not specify how that average should be interpreted or used to enter or exit trades. Results will depend on the selected periods, timeframes, and thresholds, and the indicator alone does not establish a profitable strategy.

Key ideas

  • The indicator plots RSI readings from three configurable timeframes in a separate window.
  • It also displays an average of the three RSI values.
  • Users can set the RSI period and overbought and oversold levels.
  • Each timeframe series can be shown or hidden, and the display can use steps or sloped lines.
  • The examples show H4, H8, and D1 readings on an H1 chart, without testing a trading strategy.

Tags

Technical indicatorsMulti-asset

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.