The Relative Strength Index (RSI) indicator with dynamic levels of overbought and oversold zones.
Dynamic levels change and adjust to the current changes in the indicator and prices, and represent a kind of channel.
- period_RSI - Averaging period for calculating the RSI index.
- applied_RSI - The applied price. It can be any of the price constants: PRICE_CLOSE - Closing price, PRICE_OPEN - Opening price, PRICE_HIGH - Maximum price for the period, PRICE_LOW - Minimum price for the period, PRICE_MEDIAN - Median price (high + low) / 2, PRICE_TYPICAL - Typical price (high + low + close) / 3, PRICE_WEIGHTED - Weighted average price, (high + low + close + close) / 4.
- period_channel - Calculation period for the dynamic channel of overbought and oversold zones.