"Multi timeframe Slow Volume Strength Index" shows data of three SVSI indicators from different timeframes on the current chart.
The indicator has nine adjustable parameters:
EMA period - EMA SVSI calculation period
Smoothing - SVSI smoothing period
Overbought - overbought level
Middle - middle line
Oversold - oversold level
Drawing mode - indicator drawing type
Steps - as a ladder
Slope - sloping lines
First SVSI timeframe - the timeframe of the first SVSI
Second SVSI timeframe - the timeframe of the second SVSI
Third SVSI timeframe - the timeframe of the third SVSI
Fig.1. Multi timeframe Slow Volume Strength Index; H4, H8 and H12 data on the H1 chart; Drawing mode = Steps
Fig.2. Multi timeframe Slow Volume Strength Index; H4, H8 and H12 data on the H1 chart; Drawing mode = Slope