Which indicator to use to avoid a wrong RSI signal?

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RSI is a very good signal specially when use 70-30, but sometimes it can be early signal and enty at that time would lead to some drawdowns before the right direction start

Am looking into any indicator that can help to avoid this situation I tried most famous indicators and no one helped

Any suggestions?

 
samyhussein:

RSI is a very good signal specially when use 70-30, but sometimes it can be early signal and enty at that time would lead to some drawdowns before the right direction start

Am looking into any indicator that can help to avoid this situation I tried most famous indicators and no one helped

Any suggestions?

try using 2 or 3 different periods and timeframes.

i created this, which i often use too. It is rsi of macd or is it macd of rsi? i dont know which!

it is good as showing trendy markets to avoid fake reversals.

Files:
IND5.rRsiMacd25.1103.mq5  8 kb
 
Michael Charles Schefe #:

try using 2 or 3 different periods and timeframes.

i created this, which i often use too. It is rsi of macd or is it macd of rsi? i dont know which!

it is good as showing trendy markets to avoid fake reversals.

That you for sharing, but my EA is for one minute timeframe so am not looking to change it I want keep it on one minute candle and need indicator that can work with RSI on one minute

It is not a fake reversal, it close at a profit, but the issue that RSI change again leading to some drawdown before closing at profit, and using 80-20 can help but make profits not as good as on 70-30

 
samyhussein #:
[M]y EA is for one minute timeframe...
M1 is likely the cause of your whipsawed price issue. What kind of "momentum" do you expect to show on such a low timeframe?
 
Ryan L Johnson #:
M1 is likely the cause of your whipsawed price issue. What kind of "momentum" do you expect to show on such a low timeframe?
I know it is and that's why am posting here and asking for suggestions!
 
samyhussein #:
I know it is and that's why am posting here and asking for suggestions!

Fair enough.😉

Here's an RSI-ish indicator designed for M1 or M5 with price breakouts and engulfing bars as confirmation. Maybe you can expect good signals from it on the M1 timeframe.

Code Base

RSI Price Action Breakout Indicator

Amanda Vitoria De Paula Pereira, 2026.03.12 13:58

A high-precision trend reversal indicator combining RSI exhaustion zones with candlestick breakout patterns.

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