RSI Fall

Tintin

New member
Hello, I am a bit new to thinkorswim and I want to know if there is any way to write a code for a drop in the RSI vs the RSI passing below certain levels? For example, if the RSI drops by 15 or something along those line. Is this possible, is it already a base study, all questions I have? Thank You to anyone willing to help me out.
 

BenTen

Administrative
Staff member
Staff
VIP
Lifetime
Did you take a look at the default RSI indicator yet? If not, I recommend adding it to your chart first. By default, there are two levels: 30 = Oversold and 70 = Overbought. You can adjust these two levels via the indicator's setting.
 

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