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There are ideas on different regional versions of TradingView:
Overbought and Oversold RSI - The Myth !
VENKEYS
, 1W
Education
VENKEYS: Overbought and Oversold RSI - The Myth !

Generally, When RSI shows values higher than 70 or below 30, this is to considered as stock or index is overbought or oversold. But that's not always the case. As we just learned In The Introduction : Relative Strength Index (RSI) that a high RSI means that there were more bullish candles then bearish candles. As stock or index can't go up or down in straight...

Introduction : Relative Strength Index (RSI)
RCOM
, 1D
Education
RCOM: Introduction : Relative Strength Index (RSI)

Relative Strength Index is a so called momentum indicator that is very popular to use in technical analysis of financial instruments. Here’s a simple walkthrough of RSI and how to calculate. The RSI was developed by J. Welles Wilder. The default setting for RSI is 14 Period or Candles, Which means that RSI evaluates past 14 candles. The RSI Compares the...

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