Connors RSI, EMA, ADX Intraday Strategy

5-minute intraday stocks: price vs EMA 21, ADX 14 above 25, Connors RSI(3) dip below 20 then reclaim for longs; 0.03% entry buffer, signal-candle stop.

Published · Updated · Methodology: Technical Indicators

Part of: EMA Strategies

  • Methodology: Technical Indicators
  • Content type: strategy
  • Timeframes: 5-minute
  • Markets: Stocks (Indian market mentioned)

Indicators used

  • EMA
  • Connors RSI
  • ADX

Source video

Decoded from: Connors RSI Intraday Strategy | EMA + ADX Trading Setup Explained by Adib Noorani — watch the original

Key timestamps:

  • 0:00 - Connors RSI strategy intro
  • 2:20 - Indicators used: Connors RSI, ADX and EMA
  • 4:10 - Indicator settings explained
  • 5:20 - ADX 25 level for trend strength
  • 6:20 - Buy trade rules on 5-minute chart
  • 8:40 - Sell trade rules explained
  • 16:00 - Connors RSI below 20 and entry confirmation
  • 18:00 - Entry, stop loss, buffer and 1:1 target
  • 20:00 - When not to take the trade
  • 23:00 - Target booking and cost-to-cost exit

Strategy overview

An exponential moving average weights recent prices more heavily than older ones, which is why it remains the default trend reference for intraday work. In this entry from Adib Noorani's channel, though, the EMA is not the headline: the video is built around Connors RSI — a composite short-term oscillator assembled from more than one measure of momentum — with the moving average supplying direction and ADX supplying a strength check, all read on a 5-minute chart.

What distinguishes this version is the order in which the video assembles it. The public chapter list moves from naming the three indicators, to configuring them, to a dedicated chapter on the ADX trend-strength level, and only then to the trade rules. That sequencing positions the strength reading as a gate that has to be satisfied before either direction is considered, rather than as a signal in its own right. It is also one of the rarer walkthroughs in this family to give the long and the short case equal billing: buy rules and sell rules each get their own chapter on the same 5-minute chart, so the setup is presented as symmetrical rather than as a bullish case with the bearish one folded into a closing remark.

Where the video ends is as informative as where it starts. The runtime closes on the sell-side rules — there is no chapter for exits, no position-sizing or risk segment, and no test of the three-indicator combination. No decoded rule set for this video is on record here either, so this page stays at concept level: the architecture, and the job each of the three pieces is doing, with the source video as the reference for how the channel words the conditions themselves.

Topics

connors rsi strategy · ema strategy · adx strategy · intraday strategy · 5 minute strategy · pullback trading · stock trading strategy · technical indicators · tradingview strategy · pine script · trading strategy

Frequently asked questions

What is Connors RSI?

Connors RSI is a composite momentum oscillator that combines a short-lookback RSI with additional measures of consecutive price streaks and recent return distribution. The result reacts faster than a standard RSI, which is why it is generally applied to short-term and intraday timing rather than to positional decisions.

Why combine Connors RSI with an EMA and ADX?

The three cover different jobs. The oscillator handles timing, the EMA gives trend direction and a reference for where price sits relative to it, and ADX measures how strong the prevailing trend is. Pairing a fast timing tool with a direction filter and a strength filter is a common way to avoid acting on oscillator readings in conditions that don't support them.

What does ADX contribute to an intraday strategy?

ADX measures trend strength without indicating direction, so it is typically used as a permission filter: signals are only considered when the reading suggests enough directional force behind the move. The source video gives this trend-strength level a chapter of its own, ahead of any trade rules, which signals how central it is to the setup.

What timeframe does this setup use?

The video presents both the buy and the sell rules on a 5-minute chart, placing it firmly in intraday territory. Strategy Decoder catalogs setups like this one so you can trace the source video and evaluate the concept on TradingView before committing capital to it.

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

Strategy Decoder catalogs 2,229 decoded strategies. Each one is extracted with confidence scoring, cross-linked to the indicators it uses, and kept up to date as new videos are processed daily. Load this page with JavaScript enabled to use the interactive tools, or start from the strategy explorer to filter by methodology, market and timeframe.

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