speed
RSI Strategy
Buy when RSI indicates oversold, sell when overbought
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What Is This Strategy?
The RSI (Relative Strength Index) measures the speed and magnitude of recent price changes to identify overbought or oversold conditions. Values range from 0 to 100.
How It Works
- RSI is calculated based on average gains and losses over a period (typically 14 days)
- RSI above 70 = Overbought (potential sell signal)
- RSI below 30 = Oversold (potential buy signal)
- Enter when RSI crosses back from extreme levels
RSI Strategy - Decision Flow
Visual representation of the strategy logic
Condition Check
Buy Signal
Sell Signal
Action
Key Parameters
RSI Period
Number of periods for RSI calculation
Overbought Level
Threshold for overbought condition
Oversold Level
Threshold for oversold condition
When to Use
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Best For
- • Range-bound markets
- • Finding reversal points
- • Mean-reversion strategies
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Avoid When
- • Strong trending markets
- • Breakout scenarios
- • During major news events
Risks & Limitations
warning
Be Aware
- • RSI can stay overbought/oversold for extended periods in trends
- • False signals during strong momentum moves
- • Needs confirmation from other indicators
Example Trade
Scenario
TSLA drops 15% in a week. RSI falls to 25, then starts rising back above 30.
BUY
Reasoning
The stock was oversold and is now showing signs of recovery. The extreme selling may have been overdone.
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