Multi-Timeframe RSI Alerts

The Multi-Timeframe RSI Alerts indicator is designed to monitor and alert you when the Relative Strength Index (RSI) crosses the 50 threshold across three different timeframes simultaneously. This helps traders identify potential trend shifts by observing RSI behavior across multiple market perspectives.

Key Features:

• Multiple Timeframes: This indicator allows you to track the RSI across three customizable timeframes (e.g., 15m, 5m, 1m) in a single view, giving you a broader market outlook.
  

• RSI Calculation: The RSI is calculated for each of the selected timeframes using the standard RSI formula (default length: 14). You can adjust the source (close by default) for RSI calculation.
  

• Cross 50 Alert: Alerts are triggered when the RSI for all three timeframes crosses the key 50 level, signaling potential changes in market momentum or trend direction.
  

• Visual Reference: The indicator visually plots the RSI for each timeframe, with a clear 50 level line to highlight crossovers and crossunders.
  

How to Use:

1. Trend Confirmation: When all three RSIs cross the 50 level in the same direction (either up or down), it may signal a strong confirmation of trend direction across multiple timeframes.
   

1. Versatile Timeframe Setup: Traders can configure the timeframes according to their strategy. For example, short-term traders can focus on faster timeframes like 1-minute, 5-minute, and 15-minute, while longer-term traders may prefer 1-hour, 4-hour, and daily timeframes.