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44 lines
1.3 KiB
Markdown
Vendored
44 lines
1.3 KiB
Markdown
Vendored
---
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title: rsi
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description: Understanding the rsi strategy, which buys stock when it's less than
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a threshold and shorts when it exceeds a threshold. Learn the usage, parameters,
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and options involved in this strategy.
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keywords:
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- rsi
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- stock market strategy
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- short sell
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- rsi calculation
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- buy and hold comparison
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- spy hold comparison
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- rsi level
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- periods for calculation
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- threshold for buying and shorting stock
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---
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import HeadTitle from '@site/src/components/General/HeadTitle.tsx';
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<HeadTitle title="stocks/backtesting/rsi - Reference | OpenBB Terminal Docs" />
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Strategy that buys when the stock is less than a threshold and shorts when it exceeds a threshold.
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### Usage
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```python
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rsi [-p PERIODS] [-u HIGH] [-l LOW] [--spy] [--no_bench] [--no_short]
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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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| periods | Number of periods for RSI calculation | 14 | True | None |
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| high | High (upper) RSI Level | 70 | True | None |
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| low | Low RSI Level | 30 | True | None |
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| spy | Flag to add spy hold comparison | False | True | None |
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| no_bench | Flag to not show buy and hold comparison | False | True | None |
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| shortable | Flag that disables the short sell | True | True | None |
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---
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