MTF RSI Indicator showing 8 Time Frames
Relative Strength Index (RSI) is a very well known and commonly used indicator. RSI is a momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold conditions for a symbol.
This MTF RSI enhances the power of the RSI indicator by showing the RSI value of 8 different time frames in one single subgraph display. Experience the MTF trading "edge".
Watch the video to see the operation of the MTF RSI Indicator on 8 different times frame on a trading chart and on RadarScreen.