RSI MTF Table

The RSI MTF Table indicator provides a multi-timeframe overview of Relative Strength Index (RSI) values within a clean, horizontal table layout. It is designed to help traders quickly assess momentum across different resolutions without switching chart views, offering a centralized dashboard for intraday and swing trading analysis.

Usage

The indicator displays a table in the bottom-left corner of the screen containing RSI values for seven different user-defined timeframes. Traders can use this to identify confluence across multiple resolutions; for example, if all timeframes show RSI values in bullish territory, it indicates strong overall momentum.

The table cells are color-coded based on the RSI value:

• Bullish: Shades of green represent values above 55, with more intense colors appearing as the RSI approaches 75 and above.
• Bearish: Shades of red represent values below 45, with more intense colors appearing as the RSI approaches 25 and below.
• Neutral: Values between 45 and 55 are displayed with a neutral background.

Details

This tool calculates the standard RSI using a Relative Moving Average (RMA) of price changes. It leverages the request.security function to fetch data from different timeframes simultaneously. The table is updated on the last bar of the chart to ensure optimal performance.

The logic follows a tiered coloring system:

• Overbought/Strong Bullish: RSI >= 75
• Bullish: 65 <= RSI < 75
• Mild Bullish: 55 <= RSI < 65
• Neutral: 45 <= RSI < 55
• Mild Bearish: 35 < RSI <= 45
• Bearish: 25 < RSI <= 35
• Oversold/Strong Bearish: RSI <= 25

Settings

Timeframe Settings

• Resolution 1-7: Allows users to select the seven different timeframes to be displayed in the table (defaults range from 1m to Weekly).

Style Settings

• Max/Med/Min Bullish Cell Color: Customizes the color intensity for different levels of bullish RSI values.
• Max/Med/Min Bearish Cell Color: Customizes the color intensity for different levels of bearish RSI values.
• Text/Frame Color: Adjusts the color of the text inside the cells and the table border.
• Cell Transparency: Controls the opacity of the cell background colors.

Calculation Settings

• Length: The lookback period used for the RSI calculation (default is 14).

FAQ

How do I access the RSI MTF Table?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.

Can I change the position of the table?

Currently, the script is set to display in the bottom-left corner of the chart to avoid overlapping with most price action.

Does this indicator work on any symbol?

Yes, the indicator will fetch the RSI for the current symbol across the specific timeframes selected in the settings menu.