Idea is very simple, a buy call is triggered when is greater than 75 and is greater than 25. Sell call is triggered when is lesser than 25 and is again greater than 25. To remove false signals I always use it with (close,8) which is also included as part of the code.
The ideal chart resolution is 1 day, below this the indicator is not reliable. Haven't tested this indicator for anything other than .
Refer the snapshots for more details.For any queries, please comment or PM me.