Is RSI useful in a news week, or does it just give noise?

The relative strength index measures recent price momentum, and many members use it to spot overbought or oversold conditions. How to trade with RSI explains how it is calculated and how traders read it. On a news day, price can move fast and the indicator can change quickly with it, and that is where the question of noise comes from.

A momentum reading built from the last few candles can reflect one spike rather than a trend. PMIs explained is one example of a release that can cause sharp moves in a short time, and a surprise on such a release can push RSI to an extreme for a few candles before the market settles. Members who trust the indicator in a news week usually decide in advance how they will read those early candles.

The question is whether the indicator gives you a useful signal in a news week, or whether it adds noise you have to filter out:

• Do you switch RSI off, change its period or ignore it during a news week?
• Has RSI ever given a clear signal that held through a data release?
• Which other tool do you check alongside RSI when a release is due?
• What is your rule for when an RSI reading is too noisy to act on?

Please share your own approach and reasoning, not calls for others to copy. Posts that promise a direction or sell signals will be removed.