This was one of my first indicators, its also the first indicator i made a preprint paper about, i strongly encourage you to read the paper i made here : hal.archives-ouvertes.fr/hal-02145175/document
Dont be triggered by the lack of quality of the paper, i only did it for fun. I might further develop this preprint thus ending with something more readable.
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 publication is governed by House rules. You can favorite it to use it on a chart.
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