Buddy Really cant approve the authenticity of the indicator, asi dont have the exposiure of the Stock market, But I can assure you that if you are getting dependent on single indicator or source for your trades mosre likely you are highly risking your capital, weaher its Stock market or crypto market. you need to have multiple indicators / soruces for your efficent decision making.
The acutal trading results are never based on the indicators, they usually depens on how effciently you make decisions with the analysis insights, and you risk management in the psotion. I'll definatly have look to what reffernce you've qouted here.