RSI (Relative Strength Index)

RSI (Relative Strength Index) - 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().