3TF RSI Average Indicator MT4 + MT5

The 3TF RSI Average Indicator plots THREE RSIs at different periods (7, 14, 28) plus a thick yellow line showing their average. Also, the average behaves much smoother than any single-period RSI – no whipsaws across the 50-line in choppy markets. Alerts fire when the average drops into oversold (30) or climbs into overbought (70), so the only thing you watch is one thick line and two threshold lines.

For more like this, browse the more oscillators indicators for forex or jump to the full free MT4 and MT5 indicators.

What the 3tf RSI Average Indicator does on the chart

Also, the 3TF RSI Average Indicator plots THREE RSIs of different periods in a separate window plus a thick yellow line showing their AVERAGE. Also, still, the thin aqua RSI(7) reacts fastest, the orange RSI(14) is the standard reading, and the magenta RSI(28) gives the slower context. The yellow average smooths the three into one composite reading.

Alerts fire on the AVERAGE line crossing the 30 (oversold) and 70 (overbought) thresholds. Thus, the averaging dramatically reduces the false-signal whipsaws you get from any single RSI period.

Key features and settings

• Three RSI periods (default 7, 14, 28) on the current timeframe
• Thick yellow average line is the signal source
• BUY alert when the average crosses BELOW 30 (oversold)
• SELL alert when the average crosses ABOVE 70 (overbought)
• Much smoother than a single-period RSI
• Full alert system: popup, push notification to mobile MetaTrader, email, and sound — all four channels can be toggled independently from the inputs panel. Alerts fire once per closed bar so you never get spammed mid-tick.
• Built for both MT4 and MT5; works on every timeframe and every symbol your broker offers.
• Lightweight code that does not slow down the chart.

Setting	Description	Default
RsiFast	Fast RSI period	7
RsiMid	Mid RSI period	14
RsiSlow	Slow RSI period	28
OverBought	Overbought threshold for alerts	70
OverSold	Oversold threshold for alerts	30
EnableAlerts	Master alert toggle	true
EnablePopup	Popup on threshold cross	true
EnablePushNotify	Mobile push	false
EnableEmail	SMTP email	false
EnableSound	Play sound	false

How to read signals from the 3tf RSI Average Indicator

In practice, the thick yellow average is the only line you need to watch. Also, still, hence, the thin lines are just context.

Entry idea (long). Wait for the yellow average to dip below 30 and start curling back up – that’s the BUY alert.

Entry idea (short). Wait for the yellow average to spike above 70 and start curling back down.

Next, Exit idea. Exit when the yellow average reaches the 50-line, or when it touches the opposite extreme zone.

Tuning the 3Tf RSI Average Indicator inputs

As a result, start with the defaults, then tune for your market. RsiFast (default 7) sets the averaging length — raise it for smoother, slower signals or lower it for faster, more sensitive ones; RsiMid (default 14) tunes how the calculation behaves; RsiSlow (default 28) sets the averaging length — raise it for smoother, slower signals or lower it for faster, more sensitive ones. Then, every alert channel — pop-up, sound, email and mobile push — toggles independently in the same inputs panel, and alerts fire once per closed bar.

Recommended timeframes and instruments

this indicator is a momentum tool, so match the timeframe to your holding period.

• M15 to H1 for intraday momentum entries.
• H4 to Daily for swing signals and divergence.

On M1 to M5 the readings turn faster and noisier, so confirm with price structure. Thus, yet, typically, common pairs are EURUSD, GBPUSD, AUDUSD and XAUUSD.

How to install on MT4 and MT5

Installation is the same for every indicator on this site. Also, still, hence, truly, unzip the download, copy the compiled .ex4 into your MT4 MQL4/Indicators folder (or the .ex5 into MT5 MQL5/Indicators), refresh the Navigator, then drag it onto the chart. For the full step-by-step with alert setup and troubleshooting, see our guide to installing MT4 and MT5 indicators.

Best practices and tips

• Do not fade momentum in a strong trend; overbought can stay overbought.
• Favour signals that align with the higher-timeframe direction, and watch for divergence against structure.
• Wait for the bar to close before acting on a signal.
• Backtest your configuration on at least 200 closed bars before trading live.
• Keep position sizing small while you learn how the tool behaves on your instrument.
• Review your results weekly and prune settings that underperform.

Get the 3Tf RSI Average for MT4 and MT5

Plainly, One email unlocks the full library. This the tool plus the other 1,382 free MT4, MT5 and TradingView indicators we publish and maintain. Also, no paywall, no upsell, same opt-in for all of them – you give an email once and you can grab every tool we ship.

Enter your email and the file lands in your inbox right after. The download is free.

Related on forexmt4systems.com: RSI Divergence Swing Strategy for USDJPY on H4.

Built by forexmt4systems.com

This it is one of 1,383 free MT4, MT5 and TradingView indicators we publish and maintain. In addition, every tool ships with ready-to-use compiled MT4 (.ex4) and MT5 (.ex5) files, a 4-channel alert system (popup + mobile push + email + sound), and is loaded on EURUSD H1 before release to confirm it draws cleanly without repainting. The same one-step email opt-in below unlocks the entire library – not just this one indicator.

FAQ

What does the 3Tf RSI Average measure?

It plots a clear signal layer that the 3Tf RSI Average computes from recent price and volume on the chart.

Is the indicator non-repaint?

By default the indicator only confirms a signal on the bar close, so the printed signal locks in once that bar closes. Next, some users prefer the early intra-bar mode for faster signals — both options are in the inputs.

Which timeframe should I use?

There is no single best timeframe. Then, still, m15 to H1 is a common starting point for intraday traders, and H4 to D1 works for swing traders. Backtest the configuration on the timeframe you actually trade.

Does it work on instruments other than forex?

It works on any instrument MT4 and MT5 supports — forex majors, gold (XAUUSD), indices like US30 and NAS100, and major cryptos. Thus, fast-moving instruments may need a smaller period setting.

Can I add alerts?

Yes. Thus, yet, hence, Pop-up, sound, push, and email alerts live in the inputs panel. On MT4 and MT5 the alert plays on the bar close that triggers the signal. Next, this indicator ships with full alert functionality built in: popup alerts on the chart, push notifications to mobile MetaTrader, email alerts, and a sound alert with a configurable .wav file. you toggle each channel independently from the inputs panel (EnableAlerts, EnablePopup, EnablePushNotify, EnableEmail, EnableSound). Alerts trigger once per closed bar.

For external background reading, see the technical indicator basics. Are results guaranteed?
No. Trading involves risk. Results are not guaranteed. Past performance is not indicative of future results. Use the tool as one input. Always backtest before trading live.