Because RSI contrarian signals tend to repaint easily, it is best when combined with the main chart
When combined with channel lines and the like, it becomes quite effective
This should stop at the steps and rebound
Support and resistance are basically highly effective
If you add RSI there
you can determine strength or weakness
it becomes a clear signal
and that often becomes a contrarian entry point
However, it has the drawback of repainting
you can easily tell by watching where it breaks
if you combine it with the main chart's support/resistance, etc.
the drawbacks and losses from repainting won't be that significant
if you use it in combination with multiple indicators to make solid contrarian entries
it doesn’t usually lead to that many incorrect trades
RSI, aiming like a ping-pong ball at the staircase counter
with proper discretion, can become a strength
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