RSI
Welles Wilder · 1978
What it measures
The ratio of gains to losses, mapped onto a 0–100 scale. It is the most widely used indicator in technical analysis; above 70 is called overbought and below 30 oversold.
How TickTurn reads it
At 70 or above we read it as overheated and at risk of giving back, so it counts **bearish**; at 30 or below there is room to bounce, so it counts **bullish**. In between, above 55 is bullish, below 45 is bearish, and 45–55 is treated as balanced and counts neutral.
That judgement is made on closed daily bars only; a bar still in progress is left out, because including it makes the same symbol change its answer within the day. On the result screen this indicator holds one vote out of 21.
It is not an answer on its own
If one indicator could call tomorrow, everyone would use only that one. TickTurn asks 21 of them together not because any single one is trusted, but to show plainly where they disagree. Even the combined score, measured against the right baseline, came out only a shade better than chance — the scoring is written up in how we tested.