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46 lines
1.3 KiB
Markdown
Vendored
46 lines
1.3 KiB
Markdown
Vendored
---
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title: rsi
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description: This page provides detailed information about the Relative Strength Index
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(RSI), including its calculations, interpretation and usage. It also explains the
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various parameters involved and how to modify them.
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keywords:
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- RSI
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- Relative Strength Index
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- overbought
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- oversold
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- indicator
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- price movement
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- divergence
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- reversal
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- parameters
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- n_length
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- n_scalar
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- n_drift
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---
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import HeadTitle from '@site/src/components/General/HeadTitle.tsx';
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<HeadTitle title="etf/ta/rsi - Reference | OpenBB Terminal Docs" />
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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.
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### Usage
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```python
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rsi [-l N_LENGTH] [-s N_SCALAR] [-d N_DRIFT]
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```
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---
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## Parameters
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| Name | Description | Default | Optional | Choices |
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| ---- | ----------- | ------- | -------- | ------- |
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| n_length | length | 14 | True | None |
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| n_scalar | scalar | 100 | True | None |
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| n_drift | drift | 1 | True | None |
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---
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