Here is Gary`s commentary:
Since the Confluence indicator returned several "states" (bull, bear, grey, and zero),
he modified the return value a bit:
-9 to -1 =
-0.9 to 0.9 = "grey" (and zero)
1 to 9 =
The "grey" range corresponds to the "grey" values plotted by Dale's indicator, but
they're divided by 10.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
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.
USDT (TRC20): TH29EEXa19vfwZNYvxdUuMxoFY5QDYLcWG