Skip to content
All library documents

Displaying an RSI Chart Using a Selected Timeframe

Article MQL5 code base
Read the original

Summary

This document describes a version of an RSI chart indicator that lets the user choose the timeframe used for its calculation through an input setting. The example setting defaults to a four-hour period. The main practical idea is to view RSI information associated with a selected chart period, enabling the indicator to use a timeframe that may differ from the chart where it is displayed.

The note identifies a dependency on a separate RSI chart indicator file that must be available to the trading terminal. It includes a figure reference and credits a translated source, but supplies no formula, signal interpretation, parameter comparisons, or trading results. As a result, it explains a small configuration feature rather than an RSI strategy, and offers no evidence about whether timeframe selection improves decisions or performance.

Key ideas

  • The indicator provides an input for selecting the RSI chart timeframe.
  • The shown default timeframe is four hours.
  • The indicator depends on a separate RSI chart component.
  • The document does not describe trading rules or provide performance evidence.

Tags

Technical indicators

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