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Period settings on different time frames?

Hi guys, Just wondering if someone can help me with how timeframes and indicators work across different charts. Say for example I had an indicator that triggered a sell when RSI crossed 70 from top to bottom. If the RSI period was set to 5 on a 5 minute chart, this (and correct me if I am way off)

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MT4 ex4 coding

Hi guys, Total newbie here so hope this post is ok. I have a binary option indicator that is working really well but I need to have it turned into an auto trader. I am using Core Liquidity Markets and/or Vantage FX, they are releasing BO auto trader in the next week or so (very excited). I was