A momentum oscillator (0–100) that measures the magnitude of recent price changes. It compares average gains to average losses over a period. Readings above 70 generally indicate overbought (potential sell), below 30 indicate oversold (potential buy). Forex EAs use RSI breakouts of thresholds or divergences to generate signals. In MetaTrader use iRSI()
, and in cAlgo Indicators.RelativeStrengthIndex()
.