Educational reference. Measured from 1380 recorded 1m bars of MGC (Micro Gold) on Wednesday, October 28, 2026.
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MetaTrader 4 trading platform PredictIndicators.ai runs on MetaTrader 5 and NinjaTrader 8, not MetaTrader 4 — indicators built for one do not run on the other. Most brokers offer the same account in MetaTrader 5. MT4 vs MT5 guide →
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 4 minutes. Across the whole session it sat above 70 for 4.7% of the time, between 30 and 70 for 90.5%, and below 30 for 4.8%.
| Band | Share of session | Bars | Separate visits | Median visit | Longest visit | |
|---|---|---|---|---|---|---|
| Above 70 | 4.7% | 65 | 10 | 4 min | 20 min | |
| Between 30 and 70 | 90.5% | 1249 | 36 | 30 min | 128 min | |
| Below 30 | 4.8% | 66 | 25 | 2 min | 13 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 4 minutes and a longest of 20. 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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MetaTrader 5 AI assistant for Micro gold futures A general chatbot only sees a screenshot. The PredictIndicators chat indicator reads your live MGC chart in NinjaTrader 8 or MT5, including every indicator you have open and the predicted candles. ChatGPT for NinjaTrader 8 and MT5 →
How to install a prediction indicator in MT5 for MGC Download PredictIndicators for your platform, activate the 3 day free licence and add it to your MGC chart: the predicted candles appear right away. How to install →