SSRCTrend Metatrader 4 Indicator
The SSRCTrend indicator for MT4 oscillates between 1.3 and -1.3 levels. 1.3 indicates strongly overbought and -1.3 indicates strongly oversold.
BUY: Go long if the SSRC crosses the 0 level from below.
SELL: Go short if the SSRC crosses the 0 levels from above.
See illustration below for clarification of the entry rules. As you can see from the EUR/USD 1 hour chart example, the SSRCTrend indicator generated 4 wins and only 1 small loss.
EUR/USD 1 Hour Chart Example