stelaraX - RSI

stelaraX – RSI

stelaraX – RSI is a momentum oscillator designed to measure the speed and magnitude of recent price changes. It helps identify overbought and oversold market conditions while providing a clear view of momentum shifts and potential reversals.

This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation.
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Core logic

The Relative Strength Index is calculated using a user-defined lookback period and compares average gains to average losses over that period.

Key elements include:

* RSI value oscillating between 0 and 100
* overbought level to identify stretched bullish conditions
* oversold level to identify stretched bearish conditions
* a central 50 level to distinguish bullish and bearish momentum regimes

When RSI is above 50, momentum is considered bullish. When RSI is below 50, momentum is considered bearish.


Visualization

The script plots:

* the RSI line
* a configurable overbought level
* a configurable oversold level
* a neutral midline at 50

The area between overbought and oversold levels is visually highlighted, making momentum zones easy to interpret at a glance.


Use case

This indicator is intended for:

* identifying overbought and oversold conditions
* spotting momentum shifts and potential reversals
* confirming trend strength and continuation
* divergence analysis between price and momentum

For traders looking to combine classical momentum tools with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com


Disclaimer

This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.