RSI Direction Hub

gestern

RSI MTF Dashboard + Watchlist

A multi-timeframe RSI alignment tool with direction arrows, score, and watchlist support — all in one panel.

This script displays RSI values across 10 timeframes (1m → Monthly) for the chart symbol, plus up to 3 additional watchlist symbols. It helps you quickly see momentum alignment and avoid trading against higher timeframe pressure.

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WHAT IT SHOWS
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• RSI Values (10 TFs):
1m, 5m, 15m, 30m, 1h, 4h, 12h, D, W, M

• Direction Row:
Arrows, triangles, or text showing whether RSI is rising, falling, or flat.
NOTE: Direction arrows can appear slightly delayed because they are calculated
from multi-timeframe data and may wait for higher-timeframe updates.

• Alignment Score (-10 to +10):
Each timeframe contributes:
+1 = RSI pointing up
-1 = RSI pointing down
0 = Flat
The total score gives a fast view of overall alignment.

• Overbought / Oversold Highlighting:
Background colors for RSI above 70 or below 30.

• Optional Watchlist Section:
Monitor 3 additional symbols with the same multi-timeframe layout.

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HOW TO USE
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1) Check Alignment First
Look at the Score column:
+7 to +10 → Strong bullish alignment
-7 to -10 → Strong bearish alignment
Near 0 → Mixed / choppy market

High alignment = stronger momentum bias.

2) Use Direction Row for Confirmation
The Direction row shows if RSI is:
↑ / ▲ / UP = Rising
↓ / ▼ / DN = Falling
→ / ■ / FLAT = Sideways

If lower timeframes flip against higher timeframes, that may signal:
- A pullback
- Early reversal
- Or noise

3) Tune Sensitivity
• Dir Lookback (1 or 2)
1 = faster response
2 = smoother direction

• Sideways Threshold
Increase to filter small RSI movements.

• Strong Threshold
Controls when double arrows appear for strong momentum.

4) Realtime vs Confirmed Data
Realtime ON → Updates during higher timeframe candles (can repaint).
Realtime OFF → Updates only after higher timeframe closes (more stable).

For strategy building or alert use, confirmed mode is recommended.

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BEST USED FOR
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• Momentum alignment filtering
• Avoiding trades against higher timeframe pressure
• Spotting early momentum shifts
• Multi-asset RSI comparison

This is a directional bias and alignment tool — not a standalone trading strategy. Use it to improve timing and reduce low-probability trades.

gestern

Versionshinweise

updated the overbought oversold colors