RSI Facts

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Atakan Baykal
80
Atakan Baykal  
Between 30 and 70 Percent average Or 20/80?
Eleni Anna Branou
Moderator
6575
Eleni Anna Branou  
Atakan Baykal:
Between 30 and 70 Percent average Or 20/80?

Whatever you see fit, I myself prefer the 20/80 setup.

Mladen Rakic
105724
Mladen Rakic  

Depends on the rsi period.

Try using, for example, period 50 for rsi and it will never reach neither 70/30 nor 80/20. Rsi is "flattening" when you use longer periods. The longer the rsi period, the "flatter" the rsi is

Eleni Anna Branou
Moderator
6575
Eleni Anna Branou  
Mladen Rakic:

Depends on the rsi period.

Try using, for example, period 50 for rsi and it will never reach neither 70/30 nor 80/20. Rsi is "flattening" when you use longer periods. The longer the rsi period, the "flatter" the rsi is

That's true Mladen, I was talking about the standard 14 period by the way.

Anthony Garot
1822
Anthony Garot  
Atakan Baykal:
Between 30 and 70 Percent average Or 20/80?
Tune these numbers, as well as the rsi period, using the backtester on historical data.
Muhammad Elbermawi
6463
Muhammad Elbermawi  
Mladen Rakic:

Depends on the rsi period.

Try using, for example, period 50 for rsi and it will never reach neither 70/30 nor 80/20. Rsi is "flattening" when you use longer periods. The longer the rsi period, the "flatter" the rsi is

At last I met somebody who understand RSI :)
soubra2003
31839
soubra2003  

RSI standard Oversold/Overbought Are 30/70

This could be helpful

https://www.mql5.com/en/code/14804

Example of RSI Automated
Example of RSI Automated
  • votes: 23
  • 2016.02.15
  • Mohammad Soubra
  • www.mql5.com
This is my 1st published code, it is very simple code example: RSI 14 (price close) — open buy when it is 50 RSI 14 (price close) —...
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