The Script is called a MSB/MarketStructureBreak
This script is meant to teach you on how the 2 candles are responsible for the breakout and shows you patience
The best way to use this indicator is by putting the "SMA 50 SMA 200" settings helps filter out the false calls
As well, if you use this in a bigger time frame like 1 HOUR, 4 HOUR, Daily, and Weekly it will call the best buy and sell Signals