Stock Predictor - Relative Strength Index
| This strategy is based on an absolute values
of Relative Strength Index (RSI). Typically when RSI reaches level of 80
it is considered that a security is overbought and when RSI is hitting 20
it is considered that a security is oversold. The current strategy does
the following : it generates a buy signal when RSI is falling below a set
limit a (a=30 in the example) and is generating a sell signal when RSI
reaches a sell limit b (b=70 in the example) Overall RSI measures the speed and
magnitude of a security's recent quotes changes to evaluate overvalued or
undervalued conditions in the price variation of that security. << Back to the Stock Predictor
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