Best RSI Indicator

The Relative Strength Index (RSI) measures both the speed and change of price movement in the market. The RSI can be used to confirm a trend’s direction, find possible reversals, determine if a market is overbought or oversold and help create entry and exit points. The RSI indicator consists of two oscillators with an upper and lower line plotted at the value’s 70 and 30. When the line crosses over the value 70, the market is considered to be in the overbought region. On the other hand, when the line crosses below the value 30, the market is considered to be in the oversold region. 

The features below are included with your purchase:

• Different calculation options for RSI: Cutlers, Wilders, Exponential.
• Ability to change OB OS levels, ie. 70/30 values.
• Highlight chart or indicator when OB OS crossover occurs, or RSI hits 70 or 30 value.
• Show signal icon over crossover or touch of 70 and 30 value.
• Ability to change signal icon.
• Multi Time frame capabilities.
• Notification options: text, email, sound, popup.
• Ability to add smoothing MA and change MA type.

Signal options:

• Enter Extreme – Long signal is created when RSI enters the Lower Area. Short signal is created when RSI enters the Upper Area.
• Exit Extreme – Long signal is created when RSI exits the Lower Area. Short signal is created when RSI exits the Upper Area.
• Crossover In Extreme – Long signal is created when RSI crosses RSI Avg going up in the Lower Area. Short signal is created when RSI crosses RSI Avg going down in the Upper Area.
• Slope Change in Extreme – Long signal is created when RSI slope changes to up in the Lower Area. Short signal is created when RSI slope changes to down in the Upper Area.
• Reverse – when enabled, all signals will be displayed as the opposite.