RSI Facts

[Atakan Baykal]

Between 30 and 70 Percent average Or 20/80?

[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]

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]

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]

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]

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 :)

[Mohammed Abdulwadud Soubra]

RSI standard Oversold/Overbought Are 30/70

This could be helpful

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

[Atakan Baykal]

Allright, i'll be back there.

I was setup it just 50 standart. So, when across 50 percent its mean bullish and under 50 is bearish.

Noted.