FTB-C000401 / Indicator

Relative Strength Index

Relative Strength Index is a zero-to-100 oscillator derived from Wilder-smoothed positive gains and loss magnitudes.

Also known asRSI

Definitions

In plain terms

It compares recent upward close changes with total directional movement under a declared smoothing period.

Technical

The contract freezes close basis, change calculation, gain/loss split, arithmetic seed, Wilder recurrence, first-ready index, flat-state outputs, missing bars, and precision.

Scope

RSI is not relative strength against another security and threshold labels are not automatic trading orders.

Examples

  • A governed lesson calculates or identifies Relative Strength Index only after its inputs, window, state, scale, and edge cases are declared.

Common misconceptions

  • RSI is not relative strength against another security and threshold labels are not automatic trading orders.

Concept relationships

Where this concept is used

Evidence and governance

  1. Relative Strength Index TA-Lib · first party technical publication

    Supports: preferred label, short definition, technical definition

    Limits: Seed, flat-series behavior, unstable periods, and platform compatibility must be frozen before claiming parity.

  2. New Concepts in Technical Trading Systems J. Welles Wilder Jr. · first party methodology

    Supports: historical attribution

    Limits: The bibliographic page alone is not an executable specification; equality, seeds, and state transitions require pinned rules.

Reviewed by
fintech-builder-batch-008
Last reviewed
2026-07-29
Next review
2027-07-29
Record status
published