Educational reference. Measured from 274 recorded 5m bars of M6E (Micro Euro FX) on Monday, November 9, 2026.
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Educational purposes only — predictions are not certainties or financial advice.
RSI crossed above 70 10 separate times during the session, and the typical visit lasted 10 minutes. Across the whole session it sat above 70 for 13.5% of the time, between 30 and 70 for 86.5%, and below 30 for 0.0%.
| Band | Share of session | Bars | Separate visits | Median visit | Longest visit | |
|---|---|---|---|---|---|---|
| Above 70 | 13.5% | 37 | 10 | 10 min | 65 min | |
| Between 30 and 70 | 86.5% | 237 | 11 | 25 min | 555 min | |
| Below 30 | 0.0% | 0 | 0 | 0 min | 0 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 10 times, with a median stay of 10 minutes and a longest of 65. 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.
Can MT5 show the predicted RSI for M6E? Yes. Alongside the regular RSI, PredictIndicators shows where the RSI is predicted to go next on M6E, updated as each bar closes, in NinjaTrader 8 and MT5. RSI indicator for NinjaTrader 8 and MT5 →
How to import a NinjaTrader 8 indicator for M6E Download PredictIndicators for your platform, activate the 3 day free licence and add it to your M6E chart: the predicted candles appear right away. How to install →
Can ChatGPT read my M6E chart in NinjaTrader 8? Yes. The chat indicator sits on your NinjaTrader 8 or MetaTrader 5 M6E chart: ask where the prediction turns or what the open indicators agree on. It answers questions; it does not place trades. ChatGPT for NinjaTrader 8 and MT5 →