Connors RSI (ValueRay)In compare to Tradingview Connors RSI, in this one you can choose which of the parts of the CRSI you want see:
RSI
Connors RSI
Up/Down RSI
Percent Rank
The Connors RSI is a technical indicator developed by Larry Connors. It combines three different elements - price momentum, relative strength, and mean reversion - to identify potential buy and sell signals. The indicator measures the level of overbought or oversold conditions in a security, aiming to generate signals for short-term trading opportunities. It is widely used by traders to assess the strength and direction of price movements and to identify potential entry and exit points in the market.
Connor
Connor's RSI(2) SignalDisclaimer: This strategy is taken from Larry Connor's R3 Strategy. I myself do not hold the copyright of this strategy.
Buy Conditions
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1. Price is above SMA-200.
2. Last two days, RSI line dropped down from level 60.
3. Today, RSI line drops down from level 10.
4. Buy on close price.
5. Close position when RSI line crosses up level 70.
Sell Conditions
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1. Price is below SMA-200.
2. Last two days, RSI line rose up from level 40.
3. Today, RSI line rises up from level 90.
4. Sell on close price.
5. Close position when RSI line crosses down level 30.
