Simple RSI

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It helps traders identify overbought or oversold conditions in the market.

This script plots the 14-period RSI, which is one of the most commonly used settings.

How It Works:
The RSI ranges from 0 to 100.

Values above 70 suggest the asset may be overbought (a potential sell area).

Values below 30 suggest the asset may be oversold (a potential buy area).