Relative Strength Index (RSI)
Measures the speed and magnitude of recent price changes. Oscillates between 0 and 100.
Relative Strength Index (RSI)
Definition
Measures the speed and magnitude of recent price changes. Oscillates between 0 and 100.
Parameters
Asset, Lookback period (default: 14)
Output range: 0 to 100
Example
`RSI(AAPL, 14) < 30` (Oversold — potential buying opportunity)
Usage notes
In strong trends, RSI can stay overbought/oversold for extended periods. Don't use RSI alone as a buy/sell signal.
Full indicator reference