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 |