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stelaraX - RSI
stelaraX – RSI
stelaraX – RSI is a momentum oscillator designed to measure the speed and magnitude of recent price changes. It helps identify overbought and oversold market conditions while providing a clear view of momentum shifts and potential reversals.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation.
stelarax.com
Core logic
The Relative Strength Index is calculated using a user-defined lookback period and compares average gains to average losses over that period.
Key elements include:
* RSI value oscillating between 0 and 100
* overbought level to identify stretched bullish conditions
* oversold level to identify stretched bearish conditions
* a central 50 level to distinguish bullish and bearish momentum regimes
When RSI is above 50, momentum is considered bullish. When RSI is below 50, momentum is considered bearish.
Visualization
The script plots:
* the RSI line
* a configurable overbought level
* a configurable oversold level
* a neutral midline at 50
The area between overbought and oversold levels is visually highlighted, making momentum zones easy to interpret at a glance.
Use case
This indicator is intended for:
* identifying overbought and oversold conditions
* spotting momentum shifts and potential reversals
* confirming trend strength and continuation
* divergence analysis between price and momentum
For traders looking to combine classical momentum tools with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX – RSI is a momentum oscillator designed to measure the speed and magnitude of recent price changes. It helps identify overbought and oversold market conditions while providing a clear view of momentum shifts and potential reversals.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation.
stelarax.com
Core logic
The Relative Strength Index is calculated using a user-defined lookback period and compares average gains to average losses over that period.
Key elements include:
* RSI value oscillating between 0 and 100
* overbought level to identify stretched bullish conditions
* oversold level to identify stretched bearish conditions
* a central 50 level to distinguish bullish and bearish momentum regimes
When RSI is above 50, momentum is considered bullish. When RSI is below 50, momentum is considered bearish.
Visualization
The script plots:
* the RSI line
* a configurable overbought level
* a configurable oversold level
* a neutral midline at 50
The area between overbought and oversold levels is visually highlighted, making momentum zones easy to interpret at a glance.
Use case
This indicator is intended for:
* identifying overbought and oversold conditions
* spotting momentum shifts and potential reversals
* confirming trend strength and continuation
* divergence analysis between price and momentum
For traders looking to combine classical momentum tools with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。