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![RSI EA Chasing Limit](https://c.mql5.com/31/623/rsi-ea-chasing-limit-logo-200x200-7057.png)
The relative strength index ( RSI ) is a technical indicator used in the analysis of financial markets . It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The indicator should not be confused with relative strength . The RSI is classified as a momentum oscillator , measuring the velocity and magnitude of price movements. Momentum is the rate of the rise or fall in price. The RSI c
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