The strategy does not have position management, it's very basic, this indicator should be used to see trend, range zones, evaluate the best areas to enter the market, use higher time frames to confirm a direction can be useful.
I do not recommend using only this indicator to trade, because you can lose all your money if you do not know what you are doing.
I hope you find it useful.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.