It works better in range markets and lower time frames like 5M and especially in Support/Resistance zones.
Suit for scalping in forex or crypto markets.
* Use it as a trade assistant not a trade signal!
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.