Educational reference. Measured from 1025 recorded 1m bars of M6E (Micro Euro FX) on Monday, October 26, 2026.
RSI crossed above 70 6 separate times during the session, and the typical visit lasted 2 minutes. Across the whole session it sat above 70 for 2.0% of the time, between 30 and 70 for 93.9%, and below 30 for 4.1%.
| Band | Share of session | Bars | Separate visits | Median visit | Longest visit | |
|---|---|---|---|---|---|---|
| Above 70 | 2.0% | 21 | 6 | 2 min | 11 min | |
| Between 30 and 70 | 93.9% | 962 | 27 | 11 min | 201 min | |
| Below 30 | 4.1% | 42 | 20 | 1 min | 8 min |
RSI compares the size of recent gains with recent losses, so a reading above 70 says buying has dominated the last 14 bars — not that price is high. A long stay above 70 is a market trending up, which is the opposite of the reversal the word 'overbought' suggests.
Here the reading entered overbought territory 6 times, with a median stay of 2 minutes and a longest of 11. A brief excursion above 70 that resolves in minutes is noise on this timeframe. A sustained one is the signature of a trend that is still running, and selling into it is how traders get run over.
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Next candle prediction indicator for MT5 on M6E Yes. On a NinjaTrader 8 or MT5 M6E chart, PredictIndicators shows the predicted open, high, low and close of the coming bars to the right of the last bar. Next candle prediction indicator →
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