BH RSI Alert indicator is an oscillator that tells us the gain of profit and loss through a notification. It notifies us through Mobile App and On-Screen. RSI is abbreviated as the Relative Strength Index (RSI). RSI runs between zero and 100. When its value is above 70 then RSI called overvalued and when its value becomes 30 then it is called oversold. This indicator was developed by J. Welles Wilder. This is used to notify that when and in which direction the price will up and down.
BH RSI Alerts Indicator
There are two directions in which RSI indicator moves first one is positive direction and second one negative direction.
RSI = 100 – 100 / 1 + RS
RS = Average Gain / Average Loss
There are three basic levels in which RSI Alert indicator notifies that are RS level, Average Gain level and Average Loss level. RSI Alert indicator allows us to get notification through some calculation that is based on 14 intervals. RSI gives us more accurate values when there is an increment in time. RSI is negative when the Average Gain equals zero. Supposing a 14-period RSI, a zero RSI value means that prices have decreased in all 14 years and no increases have been calculated. RSI is 100 when zero is equal to the average loss. This means that rates have moved higher in all 14 cycles and no losses have been measured.
RSI Alert Indicator enables us to modify the gain and loss. The RSI is the most common indicators for trading.