Connors RSI

Connors RSI is the well-known indicator of Larry Connors optimized and adapted for MT5 trading platform used to identify the oversold price intervals of any market. Connors RSI combined with any of the Cyclicality indicators, can generate very good entry and exit trading signals in any market. The Super Trend can be used to generate automated entry signals near the minimal price intervals. Also, it can be used to define limit conditions combined with any of Cyclicality indicators for exit decisions.

Version: 1.55
Last update:

The efficiency of the Connors RSI indicator was proved during the time, having a very precise evolution, especially in the long-time intervals (H4, D1, W1) for every market. For the small timeframes (M1, M5, M15, M30, H1), the Connors RSI is a very good option compbined with other known indicators like RSI, CCI, MACD etc. The indicator can be successfully used for manual trading or can be automated by importing the specific data series. The Connors RSI indicator is an important part of the algorithms included in successful expert advisors like Dow Jones Predictor, Dow Jones Trader, Gold Predictor, or Gold Trader.