Installation:
1- Download and copy 2Serpents_D1_v1.0_www.lhfc.it.ex4 into path_to_metatrader\experts\indicators folder
2- Open Metatrader and open a new chart window then switch to D1 timeframe
3- Drag and Drop 2Serpents_D1_v1.0_www.lhfc.it indicator in the chart window and check the "Allow DLL import" checkbox (the standard Microsoft's wininet.dll placed in Windows/system32 folder is required) .
Quick guide:
The 2Serpents indicator shows the current currency strength and ranges from 0 (minimum strength) to 9 (maximum strength).
If 2Serpents value is higher than 6 the currency may be overbought, if lower than 3 the currency may be oversold.
eg: If EUR is overbought and USD is oversold, a SELL position on EURUSD should be open.
If the two 2Serpents currency strength values are similar and both between 3 and 6, then the current trend is confirmed and no major trend change should occour.