About the SSRC Forex Trend Oscillator Indicator
The SSRC indicator for Metatrader 4 provides directional trend trading signals and delivers lots of pips in trending markets by identifying high-conviction entries.
The indicator pops up in a separate MT4 chart window as a green signal line that oscillates between 1.3 and -1.3 extreme boundaries.
These levels act as markers for overextended market conditions, while the center line serves as the primary trigger for trend shifts.
SSRC is a very reliable technical oscillator, lightweight, and will not slow down your trading platform, making it an excellent addition to any intraday or swing trading setup.
Free Download
Download the “SSRC.mq4” indicator for MT4
Key Features
- It utilizes a refined smoothing algorithm to generate a stable and readable signal line.
- The indicator features extreme boundaries at 1.3 and -1.3 to identify overextended price levels.
- It provides clear entry triggers based on the crossover of the 0.00 neutral baseline.
- The sub-window placement keeps the main chart clean for horizontal support and resistance analysis.
Indicator Chart
The SSRC indicator chart features a separate window below the main price action where a green oscillating line is displayed.
When the line is above the 0.00 level, it suggests that the bulls are in control; when it resides below zero, it indicates bearish dominance.
By watching the line move toward the 1.3 or -1.3 levels, a trader can easily anticipate when a trend is reaching a point of exhaustion.
Guide to Trade with the SSRC Forex Trend Oscillator Indicator
Trading with this tool involves monitoring the green line as it crosses the neutral midpoint to confirm a new directional bias.
Buy Rules
- Check the indicator window to see if the green line is currently in the lower oversold region.
- Initiate a buy trade as soon as the SSRC oscillator climbs back above the 0.00 neutral level from below.
- Verify the signal by ensuring the current price candle has closed with bullish conviction.
- Confirm the entry by checking that the broader market trend on a higher timeframe is also upward.
Sell Rules
- Monitor the oscillator to see if the green line has reached the upper overbought region.
- Initiate a sell trade as soon as the SSRC oscillator falls back below the 0.00 neutral level from above.
- Confirm the signal by waiting for the candle to close and lock in the downward momentum shift.
- Check for a bearish rejection at a recent resistance level on the main price chart.
Stop Loss
- Secure your buy entry by placing the stop loss a few pips below the most recent swing low.
- Protect your sell trade by positioning the stop loss slightly above the latest swing high.
- Adjust your stop placement to account for current volatility and your broker’s average spread.
- Always maintain a disciplined risk-per-trade strategy to preserve your trading capital.
Take Profit
- Exit the trade when the green line reaches the opposite extreme boundary (1.3 for buy, -1.3 for sell).
- Alternatively, target a fixed 1:2 risk-to-reward ratio for consistent account growth.
- Consider closing the position if the signal line begins to flatten or curve back toward the zero line.
- You can also trail your stop loss to lock in profits as the trend extends further.
Day Trading Strategy for MT4: SSRC Trend Oscillator + Kijun Candles Trend Indicator
This day trading strategy combines the SSRC Forex Trend Oscillator MT4 with the Kijun Candles Trend Indicator MT4.
The SSRC oscillator identifies momentum shifts around the 0.00 neutral level: a move above 0.00 signals bullish momentum, while a drop below 0.00 signals bearish momentum.
The Kijun Candles Trend indicator confirms trend direction with blue candles for bullish trends and red candles for bearish trends.
Combining these indicators helps traders enter trades in the direction of the trend with improved probability for intraday moves.
This strategy works best on M15 and M30 charts for day trading, and is particularly effective on currency pairs such as USDJPY, AUDUSD, and NZDUSD.
By using both momentum and trend confirmation, traders can filter out false signals and capture meaningful intraday swings.
Buy Entry Rules
- Check that the Kijun Candles are blue, indicating a bullish trend.
- Wait for the SSRC oscillator to climb back above the 0.00 neutral level from below.
- Enter a buy trade at the close of the candle when the SSRC crosses above 0.00.
- Set a stop loss below the recent swing low or nearby support level.
- Take profit targets between 25–40 pips on M15 charts and 40–60 pips on M30 charts.
Sell Entry Rules
- Check that the Kijun Candles are red, indicating a bearish trend.
- Wait for the SSRC oscillator to fall below the 0.00 neutral level from above.
- Enter a sell trade at the close of the candle when the SSRC crosses below 0.00.
- Set a stop loss above the recent swing high or nearby resistance level.
- Take profit targets between 25–40 pips on M15 charts and 40–60 pips on M30 charts.
Advantages
- Combines momentum and trend confirmation for higher probability trades.
- Clear entry signals based on the SSRC oscillator and Kijun Candles alignment.
- Effective for intraday trading on M15 and M30 charts.
- Helps traders avoid counter-trend trades and reduces false entries.
- Adaptable across multiple currency pairs with consistent trends.
- Easy visual interpretation thanks to colored candles and oscillator crossing levels.
Drawbacks
- Signals may lag slightly during sudden market reversals.
- Requires monitoring multiple charts for proper trend and oscillator alignment.
- Stop losses can be triggered by temporary spikes or retracements.
Case Study 1: USDJPY M15 – Tokyo Session
USDJPY displayed blue Kijun Candles, confirming a bullish trend.
The SSRC oscillator crossed above 0.00 at 149.12.
A buy trade was entered with a 10-pip stop loss.
Within 30 minutes, price moved to 149.45, yielding a 33-pip profit.
The alignment of trend and momentum provided a reliable intraday trade.
Case Study 2: AUDUSD M30 – Sydney Session
AUDUSD on the M30 chart showed red Kijun Candles, indicating a bearish trend.
The SSRC oscillator dropped below 0.00 at 0.6775.
A sell trade was executed with a 12-pip stop loss.
Price fell to 0.6738 within 50 minutes, capturing a 37-pip profit.
Strategy Tips
- Focus on high-liquidity sessions for stronger price moves and reliable signals.
- Only take trades when both the SSRC oscillator and Kijun Candles are aligned.
- Adjust take profit targets based on volatility and chart time frame.
- Keep risk per trade consistent, ideally 1–2% of account balance.
Download Now
Download the “SSRC.mq4” indicator for Metatrader 4
FAQ
What do the 1.3 and -1.3 levels represent?
These levels represent the statistical extremes of price movement.
When the SSRC line reaches 1.3, the market is considered overbought, and the probability of a pullback or reversal increases.
When it hits -1.3, the market is oversold.
While you don’t necessarily trade just because the line hits these levels, they serve as a warning that the current trend may be running out of steam.
Can I use SSRC for scalping on M1 and M5 timeframes?
Yes, SSRC is very effective for scalping because of its smoothing properties.
It helps filter out the “jittery” price action found on 1-minute and 5-minute charts, giving you a clearer picture of the micro-trend.
To get the best results, look for zero-line crossovers that occur during high-volume sessions like the London and New York overlap.
Is the SSRC indicator a repainting tool?
The SSRC is designed to be a stable oscillator.
Like most smoothing indicators, you should always wait for the current candle to close before confirming a signal.
Once the candle is closed and the line has crossed the 0.00 level, the signal is considered locked, providing a reliable basis for entering the market.
Summary
The SSRC for MT4 is an effective momentum tool that assists in determining the appropriate timing for market entries.
By offering a clearer view of trend cycles, it helps you avoid the common mistake of entering a trade when a move is already exhausted.
This tool helps traders maintain a consistent routine by highlighting levels where the market is statistically likely to shift direction.
Using this indicator allows you to filter high-risk trades and focus on high-conviction momentum signals.
