Real-Time Intraday RSI
Calculates the Relative Strength Index using intraday data.
Parameters
| Parameter | Type | Required | Description |
|---|---|---|---|
| Symbol | string | Yes | Stock ticker symbol |
| Interval | string | No | Time interval (1m, 5m, 15m, etc.) |
| Lookback | number | No | Number of periods (default 14) |
| Field | string | No | Price field: close, open, high, low |
| Index | number | No | Bar index (0 = current) |
Interpretation
- RSI > 70: Overbought
- RSI < 30: Oversold
- RSI = 50: Neutral
Examples
When to Use
- Intraday overbought/oversold analysis
- Day trading momentum signals
- Scalping setups
- Real-time technical analysis
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Daily RSI | RSI() |
| Intraday SMA | RTI_SMA() |
| Price data | RTI_Last(), RTI_Close() |
Common Issues & FAQ
Q: What does RSI above 70 mean? A: RSI above 70 typically indicates overbought conditions and potential for price pullback.
Q: What lookback period should I use? A: 14 is the standard period. Shorter periods (9) are more sensitive, longer periods (21) are smoother.
