Analysis Techniques & Strategies
Name | Type | Default | Description |
Price | Numeric | Close | Price value to consider for calculating RSI. |
Length | Numeric | 14 | Number of bars used to calculate the RSI value. |
OverSold | Numeric | 30 | Value at/below which the symbol is considered oversold. |
Long entry based on an RSI calculation.
When the RSI value crosses above the OverSold (Input) level, this strategy generates a long entry order for the next bar at open. You can change the number of bars used to calculate the RSI value and the OverSold level.
Order Name: RsiLE
Related Strategy: RSI SE
Related Function(s): RSI