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RSIValues: Displaying RSI Readings Across Timeframes

Article MQL5 code base

Summary

RSIValues is a display indicator that presents readings for a user-selected RSI period across chart timeframes. Its purpose is to make those values visible together in a text block, rather than to generate a complete trading strategy or specify buy and sell rules. Users can adjust the block’s size and font and hide timeframes they do not use.

The document states that up to ten instances of the indicator can be shown at once. It does not provide RSI thresholds, signal interpretation, example performance, or guidance on how to combine the displayed readings into a trading decision. The described functionality is therefore a charting aid for monitoring RSI values; traders must supply their own analysis and rules, and the text offers no evidence of profitability or risk management.

Key ideas

  • The indicator displays RSI values for a user-defined period across timeframes.
  • The text block’s size and font can be customized.
  • Users can hide timeframes that are not relevant to their display.
  • Up to ten instances can be displayed simultaneously.
  • The document gives no trading rules or performance evidence.

Tags

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