FTB-C000451 / Indicator

Connors RSI

Connors RSI is the arithmetic mean of a short price RSI, RSI of signed streak length, and prior-window percent rank of one-period return.

Also known asCRSIConnorsRSI

Advanced Formula defined 1 linked topicPublished

Definitions

In plain terms

It combines directional magnitude, run persistence, and relative return position on a zero-to-100 scale.

Technical

The contract freezes all three periods, Wilder RSI variants, streak equality, return formula, prior-only ranking, ties, component weights, readiness, and positive-close rule.

Scope

Its components share price history and are not statistically independent evidence.

Formula

Connors RSI = (Price RSI + Streak RSI + Percent Rank) / 3
LaTeX: CRSI_t=\frac{RSI_p(C)_t+RSI_s(Streak)_t+Rank_N(ROC_1)_t}{3}
SymbolMeaningUnit
Price RSIshort-period RSI of closepercent
Streak RSIRSI of signed streakpercent
Percent Rankrank of current one-period returnpercent

Output unit: percent

Examples

  • A governed lesson calculates or identifies Connors RSI only after its inputs, window, state, scale, and edge cases are declared.

Common misconceptions

  • Its components share price history and are not statistically independent evidence.

Concept relationships

Prerequisites

Related

Where this concept is used

Tutorials planned

These catalogued topics use this concept, but their complete build has not shipped yet.

  • D07-F03-A08 Primary

Evidence and governance

  1. Connors Relative Strength Index Implementation QuantConnect Lean · first party technical publication

    Supports: preferred label, short definition, technical definition, formula

    Limits: The moving branch can change; exact parity requires a pinned revision and an explicit tie and ranking-window contract.

Reviewed by
fintech-builder-batch-008
Last reviewed
2026-07-29
Next review
2027-07-29
Record status
published
Written by

Fintech engineer building market-data and financial systems, and the author of every article, glossary record, and reference implementation on The Fintech Builder.