Multi-Timeframe RSI Grid

17 thg 3, 2022

The relative strength index (RSI) is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions. The RSI is normally displayed as an oscillator separately from price and can have a reading from 0 to 100. This indicator displays the current RSI levels at up to 6 timeframes (of your choosing) in a grid. If the RSI levels reach overbought (above 70) or oversold (below 30) conditions, it changes the color to help you see that RSI has reached extreme levels. Note that in TradingView, when the chart is on a higher timeframe, the lower timeframe RSI levels don't calculate properly. If those conditions are met, this indicator will hide those values in the grid. If none of your selected values are available, it hides the table completely. There are configuration options, like:

• Position the grid in any corner of the screen
  
• Style customization (color, size)
  
• Customize RSI length
  

18 thg 3, 2022

Phát hành các Ghi chú

Bugfixes

• Some timeframes were not showing up depending on how TV returned their values (eg 1D vs D)
  
• Larger timeframes were displaying NaN if there wasn't enough historical data
  

28 thg 3, 2022

Phát hành các Ghi chú

Simplified coloring and updated defaults

15 thg 4, 2022

Phát hành các Ghi chú

Fixed a very annoying bug that caused the table colors to become incorrect randomly.

29 thg 4, 2022

Phát hành các Ghi chú

User requested that we add a larger text size...

4 thg 12, 2023

Phát hành các Ghi chú

Added session input option to correct lower timeframe RSI readings when on the daily timeframe (and above).

23 thg 4, 2024

Phát hành các Ghi chú

Fixes a bug where RSI values do not return correctly on futures when in replay mode.

12 thg 9, 2024

Phát hành các Ghi chú

TradingView currently has some bugs in their system that cause visible elements (Tables, Labels, Lines) flicker on and off when the data comes out of arrays or matrices. I had to implement a short-term patch to unwind this indicator's use of the Table library until TradingView can get their ducks in a row. So, this release should fix the problem for everyone in the interim.

4 thg 10, 2024

Phát hành các Ghi chú

12h RSI was calculating incorrectly.

13 thg 12, 2024

Phát hành các Ghi chú

Upgraded to Pine v6. Major overhaul to implementation, including:

• Customization of overbought/oversold levels
  
• Addition of extreme overbought/oversold levels
  
• Improvements to superstack labels, better illustrating when you are in superstack overbought/oversold conditions visually on the chart
  
• Slight performance improvements
  

18 thg 7

Phát hành các Ghi chú

This release overhauls the way that overbought and oversold labels are presented. The old approach resulted in some incorrect labeling of the conditions because as price retreats from the extreme conditions, the closing price is what dictates the RSI level on that bar. this new approach uses the price level at which the condition was met combined with the high or low of the candle itself to determine which conditions were met. This vastly improves the accuracy of the labeling.

We also added the ability to see the actual price levels that are used when those conditions are met (off by default) so you can quickly turn on, for example, a plot line for when price will be oversold on the 15m timeframe.

We also made some improvements to the layout & descriptions in the settings to try to make all of this very complex stuff easier for you to understand.

19 thg 7

Phát hành các Ghi chú

• Rearranged settings for clarity
  
• Added labels for RSI plots
  
• Fixed a bug that forced RSI labels to only show for standard levels