Multi-Timeframe RSI Oscillator: MTF RSI Trading Indicator
Professional multi-timeframe RSI oscillator displaying RSI values from multiple timeframes for comprehensive momentum analysis.
Profabighi Capital Research Team
January 4, 2026
Trading Risk Warning
Trading Risk Warning: Trading involves substantial risk of loss and is not suitable for all investors. Past performance does not guarantee future results. You should carefully consider your financial situation and consult with financial advisors before making any investment decisions.
TradingView Scripts
The Multi-Timeframe RSI Oscillator is an advanced TradingView indicator that retrieves RSI calculations from four different chart timeframes and combines them through weighted aggregation into a unified momentum signal. This multi-timeframe approach provides comprehensive overbought-oversold analysis by synthesizing perspectives from multiple temporal scales.
What is the Multi-Timeframe RSI Oscillator?
Unlike traditional single-timeframe RSI analysis that depends heavily on the chosen timeframe, this indicator resolves conflicting signals by simultaneously analyzing RSI across multiple chart timeframes. Traders can identify situations where all timeframes align—indicating robust momentum consensus—or where timeframes diverge suggesting transitional conditions.
How the Multi-Timeframe RSI Oscillator Works
Core RSI Methodology
The indicator implements rigorous RSI methodology:
- Gain/Loss Classification: Determines price increase or decrease from previous bar
- Average Calculation: EMA-based average gains and average losses
- Relative Strength: Average Gains / Average Losses
- RSI Formula: 100 - (100 / (1 + RS))
Values above 70 indicate overbought conditions; below 30 indicate oversold.
Four-Timeframe Weighted Composite
The system retrieves RSI from four configurable timeframes:
| Timeframe | Purpose | Best For |
|---|---|---|
| Fast TF | Short-term momentum shifts | Quick reactions, day trading |
| Medium TF | Balanced responsiveness | Transitional phases |
| Slow TF | Longer-term perspective | Sustained trends, swing trading |
| Ultra-Slow TF | Major cycles & regime | Position trading, macro context |
Each RSI value is multiplied by its normalized weight, then summed to produce the composite reading.
Key Features & Benefits
Multi-Timeframe Consensus
- Temporal Consensus Detection: Identifies when all four timeframes align
- Divergence Identification: Spots when timeframes disagree
- Noise Reduction: Weighted aggregation filters individual timeframe anomalies
Flexible Timeframe Selection
- Configure any valid TradingView timeframe for each slot
- Day traders: 1m, 5m, 15m, 1H
- Swing traders: 1H, 4H, D, W
- Automatic validation prevents invalid lower-timeframe requests
Advanced Signal Generation
- Threshold Crossovers: Overbought (70) and oversold (30) signals
- Midline Crossovers: Momentum direction changes at 50
- Consensus Signals: All timeframes aligned bullish or bearish
Trading Strategies with Multi-Timeframe RSI
Long Entry Signals
- Composite crosses above oversold level (30)
- Bullish consensus (all timeframe RSIs above 50)
- Multiple timeframes simultaneously cross oversold threshold
Short Entry Signals
- Composite crosses below overbought level (70)
- Bearish consensus (all timeframe RSIs below 50)
- Multiple timeframes simultaneously cross overbought threshold
Exit Strategies
- Long Exits: Bearish consensus or crossing neutral upper
- Short Exits: Bullish consensus or crossing neutral lower
- Consensus Exits: When timeframe alignment breaks down
Indicator Settings Guide
RSI Settings
| Setting | Default | Description |
|---|---|---|
| RSI Length | 14 | Lookback period for all RSI calculations |
| RSI Source | Close | Price data for RSI calculation |
Timeframe Settings
| Setting | Default | Description |
|---|---|---|
| Fast Timeframe | 5m | Shortest temporal scale |
| Medium Timeframe | 15m | Balanced analysis |
| Slow Timeframe | 1H | Sustained momentum |
| Ultra-Slow Timeframe | 4H | Major cycle context |
Weight Settings
| Setting | Default | Description |
|---|---|---|
| Fast Weight | 1.0 | Emphasis on short-term RSI |
| Medium Weight | 1.0 | Allocation to medium-term |
| Slow Weight | 1.0 | Focus on long-term |
| Ultra-Slow Weight | 1.0 | Weighting for major cycles |
Visualization Features
Dynamic Color-Coding
- Green: Oversold conditions (potential buy opportunity)
- Red: Overbought conditions (potential sell opportunity)
- White: Neutral momentum (ranging conditions)
Information Table
Real-time display showing:
- Composite value with color-coded signal
- Individual timeframe RSI values with labels
- Directional signals (B/S for bull/bear)
- Consensus indication (Bullish/Bearish/Mixed)
Use Cases by Trading Style
Day Traders
- Configure shorter timeframes (1m, 5m, 15m, 1H)
- Increase fast/medium weights for responsiveness
- Focus on threshold crossovers for quick entries
Swing Traders
- Configure medium timeframes (1H, 4H, D, W)
- Balance weights across all timeframes
- Combine with consensus signals for confirmation
Position Traders
- Configure longer timeframes (4H, D, W, M)
- Increase slow/ultra-slow weights for stability
- Wait for complete temporal consensus
Why Choose This Indicator?
Unique Value Proposition
- True Multi-Timeframe Analysis: Retrieves RSI from actual chart timeframes
- Temporal Consensus: Multi-timeframe agreement reduces false signals
- Adaptive Weighting: Customize for any trading style
- Timeframe Validation: Prevents invalid lower-timeframe requests
Compared to Standard RSI
| Feature | Standard RSI | Multi-Timeframe RSI |
|---|---|---|
| Timeframes | Single | Four weighted |
| Noise Filtering | Limited | Statistical aggregation |
| Consensus Detection | None | Built-in |
| Timeframe Conflicts | Common | Resolved through weighting |
| Customization | Period only | Timeframes + weights + smoothing |
Key Takeaways
- Multi-Timeframe RSI Oscillator retrieves RSI from four configurable timeframes simultaneously
- Weighted aggregation produces a unified momentum signal with reduced noise
- Temporal consensus detection identifies when all timeframes align for stronger signals
- Flexible configuration supports day trading, swing trading, and position trading styles
- Advanced visualization includes color-coded signals and real-time information table
- Automatic validation prevents invalid lower-timeframe requests
FAQ
What's the best timeframe configuration for day trading?
Use shorter timeframes like 1m, 5m, 15m, and 1H with higher weights on fast and medium timeframes for more responsive signals.
How does the weighted composite work?
Each timeframe's RSI is multiplied by its assigned weight, then all values are summed and normalized to produce a single composite reading between 0-100.
Can I use this for cryptocurrency trading?
Yes, the indicator works on any asset. For volatile crypto markets, consider using wider overbought/oversold thresholds (75/25) and focusing on consensus signals.
What does temporal consensus mean?
Temporal consensus occurs when all four timeframe RSIs agree on direction (all bullish above 50 or all bearish below 50), indicating stronger momentum alignment.