63 lines
2.7 KiB
JSON
63 lines
2.7 KiB
JSON
{
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"topic": "Sparta Data Mine",
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"pageNumber": 4,
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"type": "Relative Strength Index (RSI) - Sparta Indicator",
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"definition": {
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"text": "The indicator produces the standard 14 setting of the Relative Strength Index.",
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"updated": 1611662214310
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},
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"paragraphs": [
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{
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"style": "Title",
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"text": "Relative Strength Index On the Charts",
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"updated": 1611662231228
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},
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{
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"style": "Text",
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"text": "According to Investopedia, “The relative strength index (RSI) is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The RSI is displayed as an oscillator (a line graph that moves between two extremes) and can have a reading from 0 to 100.”"
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},
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{
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"style": "Gif",
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"text": "GIFs/Foundations/Docs/indicators/sparta-bots-layers-00-RSI.gif",
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"updated": 1611662270956
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},
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{
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"style": "Text",
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"text": "The chart for this indicator shows the RSI oscillating in a scale ranging from 0 at the bottom to 100 at the top. The bottom section of the chart shows a blue background covering the range from 0 to 20, also marked by a dotted line. When the RSI value falls below the 20 mark, the RSI line turns red, for easier visualization. Also in the bottom section, there is a second dotted line signaling the 30 mark."
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},
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{
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"style": "Text",
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"text": "The equivalent (although reversed) effect is featured on the top half of the charts, with dotted lines signaling the 70 and 80 levels, and a blue background above 80."
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},
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{
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"style": "Text",
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"text": "There is also a dotted line at the 50 mark, signaling the median of the chart."
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},
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{
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"style": "Text",
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"text": "For the time being, the chart is fixed on the screen and the user may not move it."
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},
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{
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"style": "Title",
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"text": "Relative Strength Index Products & Properties"
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},
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{
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"style": "Text",
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"text": "The RSI product currently available uses the standard setting of 14 periods, and features a single property: rsi14.value"
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},
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{
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"style": "Text",
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"text": "Examples:"
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},
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{
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"style": "Javascript",
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"text": "chart.at24hs.rsi14.value >= 70",
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"updated": 1611662294248
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},
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{
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"style": "Text",
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"text": "How’s the trend going at the 24-hours chart?"
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}
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]
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}
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