RSI , Relative Strength Index |
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| Parameter | Default | Acceptable Values |
Length |
14 |
1 to 1,000 |
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Upper |
70 |
0 to 100 |
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Lower |
30 |
0 to 100 |
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Hilite Zone |
Off |
On or Off |
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Example |
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9 Period Rate of Change line: 9, Close |
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Description |
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RSI measures the number of upward closes divided by the number of downward closes, expressed as a moving average. Lines are fixed at the upper and lower bands to indicate oversold and overbought conditions. The Hilte Zone is the area between the upper and lower bands. |
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ErlangerQuote Special |
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The study label, the text box that shows its current value, can be placed on either the left or the right axis. |
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