RSI Multi Time Frame Indicator/System

Hey guys,

I'm happy to share with you the latest indicator I've developed. It is called the OGT RSI Multiple Time Frame Indicator.

This indicator provides an early warning indication in May that prices are about to reverse course. It looks at whether the RSI has been in OB/OS status over multiple time frames. RSI can be customized to suit your trading needs.

You can also set additional time ranges to check using: higer_TF_quantity input. For example, if set to 2, then it will check the current time frame and the next 2 higher time frames.

Example: Current time frame = M5, signals will be provided only when M5, M15 and M30 are in OB/OS at the same time. The more timeframes you select, the fewer signals the indicator provides.

I have created a tutorial video below that walks you through the indicator settings and all the signals it provides on the M5 EUR/JPY chart in November 2017.

Please provide feedback on how to improve this indicator and provide better quality signals.

-------Downloads and Tutorials-----

OGT RSI MTF Indicator v1.0 Download and Tutorial



I also referred to the OGT price action indicator in the video, which can be downloaded here: https://www.forexfactory.com/showthread.php?t=707057