Relative Strength Index Scanner

The Relative Strength Index Scanner can operate in a number of ways using the RSI indicator.  Modes include:

• Overbought/Oversold a SELL is indicated when RSI moves below the oversold level and a BUY is indicated when RSI moves above the overbought level.  NEUTRAL is indicated when RSI moves into the center from overbought or oversold.
• Cross 50 RSI above 50 indicates bulls are stronger than bears – Shows BUY.  RSI below 50 indicates bears are stronger than bulls – Shows SELL.
• Two RSI Cross a fast RSI is compared to a slow RSI.  When the fast RSI crosses above the slow RSI, a BUY is signaled. When the fast RSI crosses below the slow RSI a sell is signaled.

Scanners require Swiss Army Knife for display of signals and alerts.