Analysis Techniques & Strategies

RSI SE (Strategy)

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Input Information

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.
OverBought Numeric 70 Value at/above which the symbol is considered overbought.

Usage

Short entry based on an RSI calculation.

Description

When the RSI value crosses below the OverBought (Input) level, this strategy generates a short entry order for the next bar at open. You can change the number of bars used to calculate the RSI value and the OverBought level.

Order Name: RsiSE

Related Strategy: RSI  LE

Related Function(s): RSI