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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..."
=== 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 to calculate the RSI value and the OverBought level can be changed.
=== Usage===
Short entry based on an RSI calculation.
=== Default Inputs ===
'''Price''' - price value to consider for calculating RSI..<br>
'''Length''' - number of bars used to calculate the RSI value.<br>
'''OverBought''' - Value at/above which the symbol is considered overbought.
'''Note:''' Use RSI LE for exiting a long position.
[[Category:Pre-built Signals]]
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 to calculate the RSI value and the OverBought level can be changed.
=== Usage===
Short entry based on an RSI calculation.
=== Default Inputs ===
'''Price''' - price value to consider for calculating RSI..<br>
'''Length''' - number of bars used to calculate the RSI value.<br>
'''OverBought''' - Value at/above which the symbol is considered overbought.
'''Note:''' Use RSI LE for exiting a long position.
[[Category:Pre-built Signals]]
