Blog : RSI Indicator

RSI

The Relative Strength Index (RSI) is a momentum-based oscillator that measures the speed (velocity) and change (magnitude) of directional price movements. It provides a visual means to monitor both the current and historical strength or weakness of a market, based on closing prices over a specified trading period. RSI is a reliable metric for tracking price and momentum changes and is widely used in trading cash-settled instruments and leveraged financial products.

RSI Inputs
Period 14
Source close
Oversold Level 30
Middle Level 50
Overbought Level 70
Long - Entry Trigger Long - Exit Trigger Short - Entry Trigger Short - Exit Trigger
RSI crossover Oversold Level RSI crossunder Overbought Level RSI crossunder Overbought Level RSI crossover Oversold Level
Long - Entry Confluence Long - Exit Confluence Short - Entry Confluence Short - Exit Confluence
RSI > Middle Level RSI < Middle Level RSI < Middle Level RSI > Middle Level