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RSI 7TF

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Published: 9 August 2016

Current version: 1.2

RSI 7TF

2.75

Indicators
Yurij Izyumov
Version: 1.2
Updated: 26 November 2021

This is a multitimeframe RSI indicator defining trends, oversold/overbought zones, as well as all intersections of signal lines from different timeframes on a single chart using arrows and audio alerts.

When working with standard RSI, we often need to examine data from all necessary timeframes simultaneously. RSI 7TF solves this issue. If you are only interested in audio signals when signal lines are crossed, then have a look at RSI Alerts.

Attention! The indicator uses seven timeframes - M5, M15, M30, H1, H4, D1, W1. Make sure that the history for a selected symbol is downloaded. You may simply pass along all timeframes after launching the indicator on a symbol to download missing history.

Operation modes

RSI Trend for 1 bar - trend indicator calculated by RSI for one candle. The value is obtained by summing the directions of all seven timeframes per one candle. If all of them show down, then the trend is bearish, if all of them are up, the trend is bullish.
RSI Trend for 2 bar - trend indicator calculated by RSI for two candles. The calculation principle is the same, however RSI direction for two candles is used.
OverSell / OverBuy - mode for defining oversold/overbought levels calculated for all seven timeframes. These mode defines approximate symbol points - reversal or return ones (the price returns to them later).
Price difference - trend indicator based only on the price movement (candle direction).
Crossing line - display all points where RSI crosses signal levels from all timeframes on a single chart. RSI signal levels are standard - 30 and 70.
Trend + Crossing line - display the crossing of RSI signal lines filtered by the internal trend filter based on the same RSI. In other words, if RSI shows a bullish trend, the indicator searches only for buy signal line crossings. The opposite is true for a bearish trend.

Settings

barlimit - limit the number of bars for the indicator recalculation since seven timeframes are used. This speeds up the work.
RSIPeriod - RSI period.
alerts - enable/disable an audio signal when receiving a signal from the indicator (true/false). The parameter is useful when Crossing line, Trend + Crossing line modes are used. It is recommended to disable it in all other cases.
alertReversSignal - audio signal in case of a trend change. The parameter is useful in RSI Trend mode. It is recommended to disable it in all other cases.
Mode - select the indicator operation mode from the above list.
M5Arrows - enable/disable М5 arrows (true/false).
M15Arrows - enable/disable М15 arrows (true/false).
M30Arrows - enable/disable М30 arrows (true/false).
H1Arrows - enable/disable H1 arrows (true/false).
H4Arrows - enable/disable H4 arrows (true/false).
D1Arrows - enable/disable D1 arrows (true/false).
W1Arrows - enable/disable W1 arrows (true/false).
BuyClr - buy arrow color.
SellClr - sell arrow color.

Indicator buffers

Buffer 10 - buy and sell signals in a single buffer. If the buffer <0, this is a sell signal. Otherwise, this is a buy signal.
Buffer 11 - buy signals. If >0, a signal is present.
Buffer 12 - sell signals. If >0, a signal is present.

Buffer exits from 0 to 9 are used for calculations.

If you have any questions, ideas or suggestions, write them in the Comments section.

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The indicator is based on a single Moving Average of a user-defined period. By analyzing the price movement of the price relative to this MA, and also by tracking all updates of the price Highs and Lows over the same period as the MA period, the indicator draws its own picture of the trend, avoiding the ever-breaking MA lines. Therefore, if the trend goes up, the line will also point upwards and will not change its direction even on small retracements, allowing to capture almost the entire trend

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This semaphore indicator is based in the standard RSI, which is applied over the Envelopes indicator that shows an envelope or envelope fluctuation borders. This is a version of RSI vs Envelopes drawn in the symbol window . A sell signal emerges when the upper envelope/border is broken by the RSI indicator from top to bottom. A buy signal emerges when the lower envelope/border is broken by the RSI indicator from bottom upwards. The indicator can draw arrows on the indicator, draw vertical lines

FREE

If you execute or test an Expert Advisor on a laptop, personal computer or a VPS, you may face the situation when Internet connection is lost and the EA stops. Of course, this utility ( Disconnect Alerts ) will not help you restore the Internet connection, but it will gather the information and will send an alert to you about when and how long your terminal was without access to the Internet and did not actually work. After receiving such a notification, you can check your trades or think about

FREE

This indicator MA Alerts with Arrows gives you the opportunity to receive signals about the intersection of two moving averages (Moving Average), as well as signals about the price rollback to MA - to enter the transaction. Alert options: Sound and text alerts (alert). Push notification to the mobile terminal. Email notification (message to your e-mail). Visual alert (arrows on the chart). The indicator has the following features: To display or hide the moving averages and arrows themselves. T

59 USD

As the proper trading using CCI indicators requires the trader to monitor multiple timeframes and CCI indicators with different periods. For example - monitor the trend using CCI with the period of 100 or 200 ( slow CCI period ) on the H4 timeframe, and make entries based on the CCI with the period of 13 ( fast CCI period ) on the H1 timeframe. To facilitate this task, the Delta CCi MTF7 indicator was created, which implements monitoring the changes of the price movement trends as well as marks

30 USD

RSI Alerts is a MetaTrader 4 indicator that adds convenient alerts to the classic Relative Strength Index (RSI). You still see the RSI line and levels 30, 50, 70, but when the selected levels are crossed the indicator can show popup alerts, send push notifications and emails - so you don't miss a potential reversal or breakout. What is it based on? The indicator is built on the standard RSI (Relative Strength Index) - the same oscillator used by millions of traders to assess overbought/oversold

30 USD

The MarketView utility is designed to display the market changes in percents as a table over the specified time interval. Every column element can be disabled. The color scheme can be easily and quickly customized for your needs. The number of symbols in columns can be adjusted ( PerColumn ). The MarketView also allows to open chart of any symbol by simply clicking its name. It can automatically apply any customized template to the newly opened chart. Attention! In order to remove any symbol fro

30 USD

The Extremum catcher indicator analyzes the price action after breaking the local Highs and Lows, generates price reversal signals with the ability to plot the Price Channel. If you need the version for MetaTrader 5, see Extremum catcher MT5 . The indicator takes the High and Low of the price over the specified period - 24 bars by default (can be changed). Then, if on the previous candle the price broke the High or Low level and the new candle opened higher than the extremums, then a signal will

30 USD

You can avoid constant monitoring of computer screen waiting for the DeMarker signal while receiving push notifications to a mobile terminal or a sound alert on the screen about all required events, by using this indicator - DeMarker Alerts. In fact, it is the replacement of the standard indicator with which you will never miss the oscillator signals. If you don't know the benefits of DeMarker or how to use it, please read here . If you need signals of a more popular RSI indicator, use RSI Alert

30 USD

If you use the MFI (Money Flow Index) indicator, the waiting time till the next signal can be long enough. Now you can avoid sitting in front of the monitor by using MFI Alerts. This is an addition or a replacement to the standard MFI oscillator . Once there appears an MFI signal on the required level, the indicator will notify you with a sound or push, so you will never miss a signal. This is especially significant if you follow the indicator in different timeframes and currency pairs, which ca

30 USD

When using CCI (Commodity Channel Index) oscillator, the waiting time till the next signal can be long enough depending on a timeframe. CCI Alerts indicator prevents you from missing the indicator signals. It is a good alternative for the standard CCI indicator. Once there appears a CCI signal on the required level, the indicator will notify you with a sound or push, so you will never miss an entry. This is especially significant if you follow the indicator in different timeframes and currency p

30 USD

The RSI Panel MTF indicator has been created in order to have the ability to monitor the values of the standard RSI indicator from a multitude of timeframes and symbols on a single chart, as well as to receive timely notifications about the trading opportunities using an audio signal or a notification. The indicator can output both the indicator values, and only the indicator signals (confirmed and expected). A user-friendly feature for selecting the required symbol has been implemented - simply

30 USD

This is an expanded version of the Time Levels indicator provided with sound alerts notifying of level intersection. The indicator is designed for displaying the following price levels on the chart: Previous day's high and low. Previous week's high and low. Previous month's high and low. Each of the level types is customizable. In the indicator settings, you set line style, line color, enable or disable separate levels. This version is provided with an option for alerting using an audio signal a

30 USD

69 USD

This is а modified oscillator CCI (Commodity Channel Index) with all sorts of signals, alerts and arrows. The indicator is designed so that any signal of crossing any specified level does not escape you. This is a supplemented version of the CCI Alerts Indicator, which does not draw the CCI indicator window, but only draws the result of its work as arrows on the symbol graph. This version of CCI Alerts with Arrows is for MetaTrader 4. If you need signals from another popular RSI indicator, then

30 USD

The indicator is a modification of RSI Alerts . However, it does not have a separate RSI indicator window. Instead, it uses signal arrows on the price chart. This saves space on the symbol chart, without affecting the quality of received signals and alerts. Similar to RSI Alerts, the indicator can generate sound alert, send push notifications and email messages, as well as draw signal arrows. The display of arrow can be disabled. If the arrows are enabled, they only display the signals chosen in

30 USD

RSI Alerts is a MetaTrader 5 indicator that adds convenient alerts to the classic Relative Strength Index (RSI). You still see the RSI line and levels 30, 50, 70, but when the selected levels are crossed the indicator can show popup alerts, send push notifications and emails - so you don't miss a potential reversal or breakout. What is it based on? The indicator is built on the standard RSI (Relative Strength Index) - the same oscillator used by millions of traders to assess overbought/oversol

30 USD

The Extremum catcher MT5 indicator analyzes the price action after breaking the local Highs and Lows and generates price reversal signals with the ability to plot the Price Channel. If you need the version for MetaTrader 4, see Extremum catcher . The indicator takes the High and Low of the price over the specified period - 24 bars by default (can be changed). Then, if on the previous candle, the price broke the High or Low level and the new candle opened higher than the extremums, then a signal

30 USD

This indicator is a modification of the RSI Alerts indicator, but without a separate RSI indicator window and with signal arrows directly on the symbol's chart. This saves space on the symbol's chart without losing the quality of the received signals and notifications. Just like RSI Alerts, the indicator can provide sound alerts, push notifications, the ability to send messages to email has been added, as well as drawing arrows at the location where the signal appears. Arrow display can be turne

30 USD

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