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This indicator isn't that good if you plan on using martingale. Sure you have good days, but just 1 day in deep martingale you can lose a lot. Best to stay away from martingale!
I saw in my arsenal of indicators and I already have it, its developers plagiarized an indicator called Value Chart, and modified its colors, which to use, I recommend changing the values of the indicator called "VC", there are indications 8, change to 12.5, wait for the candle to close below that line and enter the reversal.