1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Each higher-timeframe RSI line is rendered with unique colors and line thicknesses, displayed alongside customizable upper, middle, and lower threshold lines. Users can modify the four target timeframes, RSI period length, price source, and reference level values to evaluate multi-timeframe momentum convergence on a single chart.
Multi-timeframe RSI calculation
Four configurable timeframe overlays
Customizable upper, mid, and lower threshold lines
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
tf_1
timeframe
5
tf_1
tf_2
timeframe
15
tf_2
tf_3
timeframe
60
tf_3
tf_4
timeframe
240
tf_4
val_high
int
60
val_high
val_mid
int
50
val_mid
val_low
int
40
val_low
rsi_len
int
21
rsi_len
rsi_src
source
close
rsi_src
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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