Auto TL Fibo and RSI

Advantages of the AutoTrendlinesMTF_WithRSI Indicator

  1. Multi-Timeframe Trendlines

    • Automatically draws support/resistance trendlines on multiple timeframes (current, H1, H4).

    • Adjustable lookback period ( LookbackBars ) and swing strength ( SwingStrength ) for customization.

  2. Daily Pivot Points

    • Calculates and displays daily pivot levels (P, R1/S1, R2/S2, R3/S3) with customizable colors.

    • Toggle visibility for each level individually.

  3. Auto Fibonacci Retracement

    • Plots Fibonacci levels based on recent highs/lows from a user-defined timeframe ( FiboTimeframe ).

    • Includes standard Fibo levels (23.6%, 38.2%, etc.) with adjustable styling.

  4. Moving Average Filter

    • Uses MA (configurable period/method) to determine trend direction (bullish/bearish/sideways).

    • Visual label displays the current trend.

    • Optional MA line overlay on the chart.

  5. Multi-Timeframe RSI Monitoring

    • Displays RSI values for 7 timeframes (M1 to D1) in real-time.

    • Color-coded for overbought (≥70, red), oversold (≤30, blue), and neutral conditions.

    • Saves CPU by updating RSI values more frequently than trendlines.

  6. Customizable Visuals

    • Adjustable colors, line styles, and widths for all elements (trendlines, pivots, Fibo, MA).

    • Clean labeling with tooltips for clarity.

  7. Efficient Resource Management

    • Updates trendlines less frequently (on new bars) to reduce CPU load.

    • Proper cleanup of objects/handles during deinitialization.

    • Error handling for indicator buffers and object creation.

  8. User-Friendly Inputs

    • Organized input groups (e.g., "Trendline Settings," "RSI Settings").

    • Toggle features on/off (e.g.,  ShowDailyPivot ,  ShowAutoFibo ).

  9. Real-Time Adaptability

    • Dynamically adjusts trendlines, pivots, and Fibo levels as new data arrives.

    • Recalculates MA and RSI values with every tick for accuracy.

  10. Tooltip and Backward Visibility

    • Trendlines extend into the past ( OBJPROP_BACK ) for historical context.

    • Objects include tooltips for easy identification.

Ideal For

  • Traders who need a consolidated view of trends, key levels (pivots/Fibo), and RSI divergence across timeframes.

  • Strategies combining trend analysis with overbought/oversold RSI conditions.

  • Quick visual assessment of market structure and potential reversal zones.

This indicator combines technical tools into a single, efficient package while prioritizing performance and customization.


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FX Auto Risk Management TP SL and Out Stop v3.10 Strengths of the Script 1. Comprehensive Risk Management Automated Take Profit and Stop Loss   with customizable percentage-based settings Trailing Stop   with two adjustable modes (Normal and Aggressive) Stop Out   based on floating loss/profit percentage 2. Advanced Features Multi-mode trailing stop   with different parameters for each mode Slippage control   for more realistic order execution API request limit   to prevent server overload 3.
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