RSI
What is the RSI Indicator?
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. Developed by J. Welles Wilder Jr., the RSI oscillates between zero and 100. Traditionally, and according to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
ADD RSI INDICATOR
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Search Relative Strength Index in indicators
SET SOURCES & RANGES
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Use top and bottom levels according to criteria.
RESULT
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Example Backtest Chart