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Reviews for Relative Strength Index (RSI) cBot

This basic starter kit for algo developers uses an open-source cTrader Relative Strength Index (RSI) trading system to open and close trades based on the indicator value moving above and below the overbought and oversold levels. The RSI is based on the concept that when prices rise, there is typically increased buying pressure, and when prices fall, there is increased selling pressure.

* This product is for educational purposes only *

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Charting indicators & cBots used on this site are for the cTrader Desktop platform in which our tools are built on, and cTrader is a registered trademark of Spotware Systems Ltd. This site & the products & services ClickAlgo offers are for informational & educational purposes only. All content is to be considered hypothetical, selected after the fact, in order to demonstrate our product and should not be construed as financial advice. Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Past performance does not guarantee future results.

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