Originally Posted by
Silencer
Go under Tools -> Options -> Configure
Make sure Version is on Auto and go ahead and check Launcher Console. Press Ok. Go To Overlay and Uncheck In-Game Overlay then recheck it.
Does a new console window pop up? The last line should say Hook Ready. If so start PS2. (Note that closing this console will kill the overlay)
If that still doesnt work try starting PS2 before launching RTST. Do you have any other overlays or recording software running?
Note that both PS2 and RTST will either have to run as Admin or both not as Admin.