This indicator has 3 indicators and gives a buy/sell signal depending on the .
It also shows the value on the candle as a warning in the Buy and Sell signals. This value is calculated with a special formula I have created.
On the other hand and are also included to check the accuracy of the signals.
For this indicator, I recommend a minimum of 4 hours chart.
-adding THEIL-SEN ESTIMATOR @tbiktag (Thanks my friend)
-changing default EMA values to 8-20
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.