Smart RSI MTF Matrix [DotGain]

Summary
Are you tired of trading trend signals, only to miss the bigger picture because you are focused on a single timeframe?

The Smart RSI MTF Matrix is the ultimate "Cockpit View" for momentum traders. Unlike chart overlays that can sometimes clutter your price action, this indicator organizes RSI conditions across 10 different timeframes simultaneously into a clean, separate Heatmap pane.

It monitors everything from the 5-minute chart all the way up to the 12-Month view, giving you a complete X-ray vision of the market's momentum structure instantly.

⚙️ Core Components and Logic
The Smart RSI MTF Matrix relies on a sophisticated hierarchy to deliver clear, actionable context:

• Multi-Timeframe Engine: The script runs 10 independent RSI calculations in the background, organized in rows from bottom (Short Term) to top (Long Term).
  
• Classic RSI Thresholds:Overbought (> 70): Indicates price may be extended to the upside.
  Oversold (< 30): Indicates price may be extended to the downside.
  
• Smart Visibility System (The "Secret Sauce"): Not all signals are equal. A 5-minute signal is "noise" compared to a Yearly signal. This indicator automatically applies Transparency to differentiate importance. The visibility increases by 10% for each higher timeframe slot (Row).
  

🚦 How to Read the Matrix
The indicator plots dots in 10 stacked rows. The position and opacity tell you the direction and significance:

🟥 RED DOTS (Overbought Condition)

• Trigger: RSI is above 70 on that specific timeframe.
  
• Meaning: Potential bearish reversal or pullback.
  

🟩 GREEN DOTS (Oversold Condition)

• Trigger: RSI is below 30 on that specific timeframe.
  
• Meaning: Potential bullish reversal or bounce.
  

⚪ GRAY DOTS (Neutral)

• Trigger: RSI is between 30 and 70.
  
• Meaning: No extreme momentum present.
  

👻 TRANSPARENCY (Signal Strength)
The visibility of the dot tells you exactly which Timeframe (Row) is triggered. The higher the row, the more solid the color:

• Faint (10-30% Visibility): Rows 1-3 (5m, 15m, 1h). Used for scalping entries.
  
• Medium (40-60% Visibility): Rows 4-6 (4h, 1D, 1W). Used for swing trading context.
  
• Solid (70-100% Visibility): Rows 7-10 (1M, 3M, 6M, 12M). Used for identifying major macro cycles.
  

Visual Elements

• Structure: Row 1 (Bottom) represents the 5-minute timeframe. Row 10 (Top) represents the 12-Month timeframe.
  
• Vertical Alignment: If you see a vertical column of Red or Green dots, it indicates Multi-Timeframe Confluence—a highly probable reversal point.
  

Key Benefit
The goal of the Smart RSI MTF Matrix is to keep your main chart clean while providing maximum information. You can instantly see if a short-term pullback (Faint Green Dot) is happening within a long-term uptrend (Solid Gray/Red Dot), allowing for precision entries.


Have fun :)


Disclaimer
This "Smart RSI MTF Matrix" indicator is provided for informational and educational purposes only. It does not, and should not be construed as, financial, investment, or trading advice.
The signals generated by this tool (both "Buy" and "Sell" indications) are the result of a specific set of algorithmic conditions. They are not a direct recommendation to buy or sell any asset. All trading and investing in financial markets involves substantial risk of loss. You can lose all of your invested capital.
Past performance is not indicative of future results. The signals generated may produce false or losing trades. The creator (© DotGain) assumes no liability for any financial losses or damages you may incur as a result of using this indicator.
You are solely responsible for your own trading and investment decisions. Always conduct your own research (DYOR) and consider your personal risk tolerance before making any trades.