Along with it LazyBear's / with Indicator is also taken to reduce the number of trades and improve efficiency.
Strategy (in Layman terms):
If in the past 10 candles / with Indicator has printed a red/green colour and the has gone above/below the then the short/long order is placed respectively.
Message if you think of any modifications/ enhancements/ any opportunities. :)
Donations/Tips... :) -
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.