KT Connors RSI indicator
MT4/MT5
$30
From MQL5 Market
-- Lifetime Access --
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.
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