The Relative Strength Index (RSI) is a momentum indicator that tracks price changes to determine overbought and oversold conditions of an asset.

The Relative Strength Index is calculated by looking at the losses and gains of an asset during a given time period. The RSI is displayed as a line graph, or an oscillator which moves between 0 and 100.

**How can it be used within the Capitalise Platform?**

The following properties can be set for the RSI:

**Number of Bars (NumOfBars)**: The number of bars taken into consideration for the calculation of the RSI. The maximum number of bars that can be used for a relative strength index calculation is 200.

**Bar Period (BarPeriod)**: The time interval for which the bars are set for the calculation of the RSI. This can be 1 minute, 5 minute, 15 minute, 30 minute, 1 hour, 2 hour, 4 hour, Day, Week, or Month.

**Bar Price (BarPrice)**: The price you want to base the calculation of your RSI. Choose between the open, close, high, low or Mid of each bar.

Please note, the current (open) bar is not taken into account when calculating the RSI; only closed bars are considered.

When you type **Relative Strength Index **or **RSI **into the Capitalise wizard, these parameters come up for you to set, as shown here:

Below are two examples using RSI with the Capitalise platform:

Buy 1,000 EUR/USD if the RSI (14, Day, Close) of EUR/USD crosses above 50

Sell 18 AAPL if the RSI (200, 30m, Open) of AAPL crosses below 40

This content is intended for informational and educational purposes only and should not be considered investment advice or investment recommendation. Read more here.