The Connors RSI (CRSI) is a specialized version of the traditional Relative Strength Index (RSI), developed to provide more precise short-term signals by combining multiple momentum-based inputs. It’s ideal for traders looking for refined entries and exits in shorter timeframes.
How It Works
CRSI averages three separate components:
- A standard 14-period RSI
- A 2-period RSI based on the number of consecutive up/down closes
- A Rate of Change (ROC) over a user-defined period
This combination produces a more sensitive indicator that reacts quicker to recent price action.
How to Use It in FX Replay
- Readings above 70 suggest overbought conditions and may signal short-term weakness.
- Readings below 30 point to oversold conditions and potential short-term strength.
- Combine CRSI with structure, volume, or breakout patterns for stronger confirmation.
Common CRSI-Based Strategies
- CRSI Crossovers: Look for moves above or below predefined thresholds like 30 / 70 to generate entry or exit points.
- CRSI Divergences: Watch for disconnects between price and CRSI to anticipate trend shifts.
- Breakout Confirmation: Use CRSI strength to validate breakout momentum from consolidation zones.
Customization Options
CRSI parameters can be tailored—adjust the lengths of the RSI and ROC components to better suit your asset class or trading timeframe.
This makes CRSI a great tool to test in FX Replay when backtesting momentum-based setups, scalping strategies, or short-term mean-reversion entries.
Would you like help setting up a CRSI-based strategy to test against your current trading system?
