Keyword Description
Relative Strength Index
Class
Indicator
Where Legal
Resources |
Entry Logic |
Exit Logic |
Initial Size |
Resize (Pre-Category) |
Resize (Category-Level) |
l |
l |
l |
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Syntax
RSI[n]
Where n is an integer representing the number of days in the study.
Example
Sample code
COL2 = RSI[45]
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The RSI measures current price action on a scale of 0 to 100. It is often used as an overbought/oversold indicator. The formula is: 100 * (RS / 1+RS) where RS is the total of the number of days closing higher divided by the total of the number of days closing lower. |
