Relative Strength Index (RSI)
Definition
A momentum oscillator measuring the speed and change of price movements on a scale of 0-100. Traditionally, RSI above 70 indicates overbought conditions and below 30 indicates oversold.
Example
RSI(14) at 25 suggests the asset is oversold and may be due for a bounce.
How Gilito AI Uses It
RSI is a core indicator in many Gilito strategies. It's used for overbought/oversold conditions, divergence detection, and as a momentum filter for entries and exits.