Arrow indicator Connors RSI Alerts is a signal modification of the popular oscillator that allows you to open profitable positions at overbought and oversold levels.
The indicator Connors RSI Alerts is an arrow modification of the well-known Connors RSI oscillator, which is built on the basis of the standard RSI indicator.
Connors RSI Alerts indicator, like the standard indicator, operates overbought / oversold levels; however, compared to the classic indicator, Connors RSI Alerts uses shorter periods, which allows you to more accurately track all price movements.
The indicator Connors RSI Alerts displays entry signals in the form of arrows of the corresponding color and direction, as well as sound and text alerts.
A feature of the Connors RSI Alerts indicator is its increased sensitivity, therefore, instead of the usual overbought and oversold levels of 30 and 70, it is recommended to use levels 10 and 90, which reduces the likelihood of false signals.
Features of Connors RSI Alerts MT4 indicator
- Platform: Metatrader 4
- Ability to change settings: Yes
- Timeframe: any from 1 Minute to Daily
- Currency pairs: any
In Connors-RSI-Alerts.zip file you will find:
- Connors RSI Alerts v1_1.ex4
Download Connors RSI Alerts MT4 indicator for free: