'Three timeframes RSI Average' displays in a separate window three Relative Strength Index indicator of the specified timeframes, as well as their average value.

It has ten input parameters:

  • RSI period - RSI calculation period

  • Overbought - overbought level

  • Oversold - oversold level

  • Drawing mode - indicator drawing type

  • Steps - as a ladder

  • Slope - sloping lines

  • First RSI timeframe - the timeframe of the first RSI

  • Second RSI timeframe - the timeframe of the second RSI

  • Third RSI timeframe - the timeframe of the third RSI

  • Show first RSI - show the first RSI indicator

  • Show second RSI - show the second RSI indicator

  • Show third RSI - show the third RSI indicator

Fig.1. Three timeframes RSI Average, H4, H8 and D1 data on the H1 chart, Drawing mode = Steps

Fig. 2. Three timeframes RSI Average, H4, H8 and D1 data on the H1 chart, Drawing mode = Slope