Three measurements averaged: strength, streak and outlier.
RSI(3) of price, RSI(2) of the up/down streak, and where today's return ranks against the last 100. Designed for short mean-reversion trades.
Worked out by the same code the builder uses, on stored daily candles. Move a setting and the line moves with it. This is what happened, not what will happen.
Entry: Connors RSI is below 10.
Built for stocks that bounce back. In a trending crypto market 'extremely low' can keep getting lower, and it needs 100 candles of history before it says anything.
No indicator predicts the market on its own. Build the rule, then test it on years of history with fees included. Try TradeXtool free for 14 days.