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Conners RSI (TOS)
- Categories: Indicator, ThinkOrSwim
- Tags: Momentum, Oscillator, RSI
- Type: Free
The Conners RSI for ThinkOrSwim is a three-component indicator based on standard RSI, RSI rate of change, and up and down lengths forming a daily momentum indicator.
Statistically, the Conners RSI (Relative Strength Index) oscillator typically performs better than the standard relative strength index (RSI) indicator. There are many advertised strategies available online for proper utilization. The key factor here is establishing that a trend is prevalent. This is normally the issue with any momentum oscillator anyway. As with all of our indicators, we repackage some features to allow for greater customization.
Conners RSI Features:
- Custom data input
- The 3-Period RSI averaging method could be customized by the user.
- All period associated with the internal components of this indicators can be customized.
- Upper and lower limit adjust dynamically within an acceptable range of reading of Conners RSI.
Review the screenshots and video for setup options.
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