OPEN-SOURCE SCRIPT

DataDoodles RSI Screener - Forex

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DataDoodles RSI Screener - Forex

📌 Overview

The DataDoodles RSI Screener is a powerful multi-symbol RSI analyzer designed for Forex traders. This script provides an intuitive visual representation of the Relative Strength Index (RSI) across multiple Forex pairs, allowing traders to quickly identify overbought/oversold conditions, trends, and momentum shifts.

📌 Key Features

Multi-Symbol RSI Screener – Monitors RSI across 40 major Forex pairs in a single view.
Custom RSI Source – Choose between Price, OBV, or Open Interest as the RSI calculation source.
Multiple Timeframes Support – Customize RSI timeframe for a multi-timeframe analysis.
Gradient Coloring & Heatmap – Dynamic color coding makes it easy to spot strong and weak RSI levels.
RSI Change Lines – Tracks previous RSI values to show historical momentum shifts.
Group Average RSI Mode – Aggregates RSI values to generate a market-wide sentiment index.
Customizable Display Options – Adjust label spacing, offsets, and appearance settings for personalized visualization.
Interactive Table Header – Displays timeframe, RSI length, and source information for quick reference.
Support & Resistance Levels – Plots RSI-based support/resistance zones to highlight potential trading opportunities.

📌 How to Use
1️⃣ Add the script to your chart (select a Forex pair, but the screener will analyze multiple pairs).
2️⃣ Configure settings like RSI length, source, timeframe, and visualization preferences.
3️⃣ Observe RSI trends, heatmap colors, and screener labels to identify market opportunities.
4️⃣ Use the Group Average RSI mode to assess overall market strength.

📌 Ideal For
✔ Forex traders looking for a quick RSI screener across multiple pairs.
✔ Swing & day traders who use RSI-based strategies to time entries and exits.
✔ Anyone who wants a visual & easy-to-read RSI dashboard.

🔥 Upgrade your Forex trading with the DataDoodles RSI Screener! 🚀

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