Relative Strength Index
Overview
The Relative Strength Index (RSI) is a financial technical analysis momentum oscillator measuring the velocity and magnitude of directional price movement by comparing upward and downward close-to-close movements.
AnyChart Stock allows you to add RSI with desired period to any of your charts.
Mathematical description of the indicator: The Relative Strength Index (RSI) Mathematical Description.
Adding Indicator
RSI indicator is added using rsi() method, it requires a mapping with the "value"
field in it:
// create data table on loaded data
var dataTable = anychart.data.table();
// add data to a table
dataTable.addData(get_data());
// map loaded data
var mapping = dataTable.mapAs({'value': 4});
// create stock chart
chart = anychart.stock();
// create plot on the chart
var plot_0 = chart.plot(0);
// RSI is usually displayed on a separate plot
var plot_1 = chart.plot(1);
// create RSI indicator with period 14
var rsi14 = plot_1.rsi(mapping, 14).series();
rsi14.stroke('#bf360c');
Here is a live sample:
Indicator Parameters
RSI indicator needs three parameters: mapping with the "value"
field in it, period and a type of series to be displayed as:
var rsi30 = plot.rsi(mapping, 30, "column");
Visualization
Vizualization of an indicator depends on the type of a series you display it with. Here is a sample where RSI with different parameters and settings is added to different plots:
// create RSI indicator with period 14 and shown as column on the second plot
rsi14 = plot_1.rsi(mapping, 14).series();
rsi14.stroke('#bf360c');
// create RSI indicator with period 30 and shown as column on the third plot
var rsi30 = plot_2.rsi(mapping, 30, "column").series();
rsi30.fill('#ff6d00');
Live sample: