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Relative Strength Index (RSI)
07.01.2012
The Relative Strength Index is a highly popular technical analysis indicator. The RIS is an oscillator that calculates current price strength in relation to previous closing prices. You can use the RSI to show overbought/oversold markets, generate entry and exit points and warn of potential price reversals through divergences.
If you wish to apply the RSI to a chart in the CitiFX Pro platform go to:
Trading > Charts > 
> Oscillators > Relative Strength Index (RSI)
The screenshot below displays a EURUSD chart with the RSI indicator applied in a separate pane.
By default, the RSI is calculated across a 14-day period. This can be changed by clicking on the indicator name on the top left and selecting ‘properties’. Changing the time period of the RSI can increase or decrease the number of buy and sell signals. In the chart below, two RSI periods are shown (14-day & 5-day). Reducing the time period makes the indicator more volatile, whilst increasing the time period reduces the number of buy and sell signals.
Another method for analysing the RSI is to buy when the instrument price is rising and the RSI crosses over the central 50 line. And sell when the price is falling and the RSI crosses below the 50 line.
Applying the RSI indicator to a chart is quick and easy – allowing you to make trading decisions in a matter of seconds. You may also wish to add additional annotations or diagrams to the chart.
Click on: 
From here you can add text, lines, and diagrams to your chart, all at the click of a button.
Once you have created a chart, you may wish to export it or save for future reference. To save a chart right-click on it, Chart > Save Study. This will save the study as a StdSP file which is compatible with the CitiFX Pro platform software. You may also wish to Export Chart as an image 
or copy directly to your clipboard 
.