Multi-Timeframe RSI Grid Update

One of my most popular free TradingView indicators is called Multiple Timeframe RSI Grid (aka MM RSI Grid). It was one of the very first indicators I created in Pine, and the concept was really simple: show me the RSI levels across multiple timeframes and change their colors when they get extreme so I can keep track with a quick glance. It appears as a table in the top-right of your screen.

I haven’t updated it since I released it a year or so ago – until yesterday. After publishing my open-source Table library, I decided to also re-release a bunch of my older free indicators with the new code updates rolled into them. This new release of the MM RSI Grid includes a couple of new key changes.

First of all, I couldn’t just push out a new version without adding something super valuable. So, this new version of MM RSI Grid includes two new killer features:

  • Superstack Label: When 3 or more consecutive timeframes are oversold or overbought (ie. the 5m, 15m, and 1h+), a label will pop up on the screen to show you that it has now achieved “Superstack” status (see the red label in the screenshot above from AMD this morning). Yes, this is optional and can be turned off.
  • Superstack Alerts: Just like the label, you can set up the MM RSI Grid to alert you when superstack conditions are met.

Second, it’s faster. Frankly, I didn’t know how to optimize Pine code when I first starting writing indicators. I really didn’t yet fully understand the language or TradingView’s framework. So, this new indicator runs faster with much fewer lines of code than the old version. It is open source still, so go ahead and check out the source code to see how it works.

Finally, there are some color changes. The old version defaulted to using transparencies and softer colors. I’ve shifted my own personal “brand” of colors to a solid pink/blue, so the new version reflects that change. Of course, all of that is customizable in the settings.

I’ve been using this version of the indicator for over 6 months. I hope you love it as much as I do. Check it out on TradingView.