rsi
The Relative Strength Index (RSI) calculates a ratio of the recent upward price movements to the absolute price movement. The RSI ranges from 0 to 100. The RSI is interpreted as an overbought/oversold indicator when the value is over 70/below 30. You can also look for divergence with price. If the price is making new highs/lows, and the RSI is not, it indicates a reversal.
Usage
rsi [-l N_LENGTH] [-s N_SCALAR] [-d N_DRIFT]
Parameters
Name | Parameter | Description | Default | Optional | Choices |
---|---|---|---|---|---|
n_length | -l --length | length | 14 | True | None |
n_scalar | -s --scalar | scalar | 100 | True | None |
n_drift | -d --drift | drift | 1 | True | None |