Are you actually TCing KO, or using the Color of Blackjack method?
If you're doing the actual TC conversion, then you can use whatever HiLo index you want to use, minus 4. Better would be to generate a set for TKO, but short of that, HiLo - 4 will get you darn close. (This is assuming you're using Brett Harris' UB TC simplification - For KO: employing an IRC of (-4)*decks and then dividing your running count by remaining decks, as normal. If you're using an IRC of 0, do NOT subtract 4 from the indices...) IE: Insure at HiLo TC 3, but insure at TKO TC -1, etc.
Also, I think you know this but just to make sure there is no chance of confusion, TC KO indices are of course going to be vastly different than the running count Reko-F indices.
Modern Blackjack Print edition has a full set of risk adverse TC'd KO indices, as well.
But -- don't move from TKO to HiLo just for indices -- true counted KO is certainly more powerful than HiLo. Why make the switch to a weaker system when you can get the indices you need as described above? Switching to a level II is another story that you'd have to decide for yourself.
Also, and I'm most certainly no expert in this, but a smaller BR is absolutely a reason to use risk adverse indices. With RA play, although the EV of a given play might be slightly less, you are able to bet a little more per given level of risk, making you more money overall.
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