This indicator calculates Relative Strength Index values across multiple selectable timeframes to generate trade signals overlaid directly on the price chart.
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
RSI Signal Alert checks for RSI threshold crossings on a lower timeframe while confirming trend conditions on a higher timeframe, supporting both trend-following and trend-reversal modes. When a trigger condition occurs, it draws horizontal price projection lines from either the close or recent extremes across a designated bar length and fires formatted JSON webhook alerts. A lookback window prevents repeated triggers within consecutive bars.
Multi-timeframe RSI calculation with configurable time intervals
Selectable trend-following or trend-reversal signal modes
Horizontal signal lines plotted directly on the main chart
Signal debouncing via configurable lookback suppression
JSON formatted alerts ready for webhooks on bar close
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
65
val_high
val_mid
int
50
val_mid
val_low
int
35
val_low
Length
int
21
rsi_len
Source
source
close
rsi_src
Small TF
int
1
rsi_tf1
Large TF
int
4
rsi_tf2
Lookback
int
10
sig_lookback
Show all 15 settings
Setting
Type
Default
Variable
Length
int
100
sig_length
T (Market @ close) | F (Limit @ wick)
bool
true
sig_src
T (Trend-following) | F (Trend-reversal)
bool
false
sig_strategy
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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