Often there is not enough time to run around all timeframes and look for a better entry point, these indicators can be put in one window and not switching screens to see the whole picture at the same time for all periods.
The Multi Period RSI indicator has two parameters: a period and a timeframe.
MTF in the range 5-1440.
Forex indicators with multi-timeframe are used as a filter to your trading system.
This indicator works in MetaTrader 4 (mt4, mq4, ex4).