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Co-authored-by: jose-donato <zmcdonato@gmail.com>
Co-authored-by: jose-donato <43375532+jose-donato@users.noreply.github.com>
Co-authored-by: andrewkenreich <andrew.kenreich@gmail.com>
2023-10-30 21:01:29 +00:00

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title, description, keywords
title description keywords
rsi Learn how to interpret and use the Relative Strength Index (RSI), an overbought/oversold indicator that calculates a ratio of recent upward price movements to the absolute price movement and helps indicate potential price reversals.
Relative Strength Index
RSI
RSI interpretation
overbought/oversold indicator
RSI divergence
price reversal
RSI parameters
RSI usage

import HeadTitle from '@site/src/components/General/HeadTitle.tsx';

The Relative Strength Index (RSI) calculates a ratio of the recent upward price movements to the absolute price movement. The RSI ranges from 0 to 100. The RSI is interpreted as an overbought/oversold indicator when the value is over 70/below 30. You can also look for divergence with price. If the price is making new highs/lows, and the RSI is not, it indicates a reversal.

Usage

rsi [-l N_LENGTH] [-s N_SCALAR] [-d N_DRIFT]

Parameters

Name Description Default Optional Choices
n_length length 14 True range(1, 100)
n_scalar scalar 100 True None
n_drift drift 1 True range(1, 100)

rsi