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 condition
`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.
Use in a strategy
Add this indicator to a strategy condition, choose its supported parameters and compare the output with the threshold required by your rule. Preserve the same interval and lookback when comparing backtests.
After saving the condition, inspect its asset, interval, lookback and comparison operator against the parameters above. If no trades occur, check whether the condition ever became true and whether the requested input data exists for that period. A missing input is not a zero-valued signal. An indicator produces an input to a rule. It does not establish future returns, and data availability can differ across assets and periods.