RSI SE: Difference between revisions
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(Created page with "=== Definition=== When the RSI value crosses below the OverBought (Input) level, the strategy generates a short entry order for the next bar at open. The number of bars used...") |
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=== Definition=== | === Definition=== | ||
When the RSI value crosses below the OverBought | When the RSI value crosses below the OverBought level, the strategy generates a short entry order for the next bar at open. | ||
The number of bars used to calculate the RSI value and the OverBought level can be changed. | The number of bars used to calculate the RSI value and the OverBought level can be changed. | ||
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'''Price''' - price value to consider for calculating RSI..<br> | '''Price''' - price value to consider for calculating RSI..<br> | ||
'''Length''' - number of bars used to calculate the RSI value.<br> | '''Length''' - number of bars used to calculate the RSI value.<br> | ||
'''OverBought''' - | '''OverBought''' - value at/above which the symbol is considered overbought. | ||
'''Note:''' Use RSI LE for | '''Note:''' Use [[RSI LE]] for entering a long position. | ||
[[Category:Pre-built Signals]] | [[Category:Pre-built Signals]] |