RSI
— Relative Strength Index Trading Series
The RSI
trading series represents the Relative Strength Index (RSI), a momentum oscillator that measures the speed and change of price movements.
It is built upon the RSI indicator implementation from the indicators module.
Parameters
RSI(
ticker: str,
source: SourceType = SourceType.CLOSE,
length: int = 14
)
ticker
(str
): Asset ticker symbol.source
(SourceType
): Price source for calculation. Default isSourceType.CLOSE
. Supported sources are linked here.length
(int
): Lookback period for RSI calculation. Default is 14.
Description
- RSI above 70 often indicates overbought conditions.
- RSI below 30 often indicates oversold conditions.
- Helps identify potential reversal points and trend strength.
Example Usage
RSI(
ticker="AAPL",
source=SourceType.CLOSE,
length=14
)