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.