KT Connors RSI indicator
MT4/MT5

KT Connors RSI indicator for MT4/MT5 is a modified and more advanced version of the original Connors RSI developed by Larry Connors. It was designed to help traders generate trade signals based on short-term price movements.

The Connors combine the standard RSI calculation with two additional elements: a short-term RSI, ROC, and a moving average.

Features

• Provides more transparent and more actionable buy and sell signals using the overbought/oversold zones.
• Incorporates short-term RSI and moving average, providing a complete picture of market conditions and trends.
• Filters out false signals by requiring the RSI to reach extreme levels before generating a trade signal.
• Better suited for short-term trading strategies.
• A highly respected trader and analyst, Larry Connors, developed and tested it.
• All Metatrader alerts are included.