Just example for now: if 2 dotted lines (blue line and red line) of this indicator came very close to each other (price is in the middle) so it is indicating possible breakout soon. And we can place 2 pending orders.
Example for now:
it is what I see on the chart after you wote your post:
Few minutes later (I placed pending orders):
It is just one of the example. Of course, it is a little more complicated than I explained here because it is support/resistance lines dynamically moved together with the price. means: we see the situation for right now. Why "dynamically moved"? because it is not s/r as high/low of the yesterday for example. It is for now.
That is why this indicator is used for scalping.
It is the situation right now:
it was breakout for AUDUSD with 57 pips
And it is the situation right now:
Initial deposit was 700, for now: balace is 806 and equity is 831
Trading/using just 1 this Maksigen indicator only.
market was in flat for more than half a day so ... I waited for many hours for pending orders to be executed.
And it is the statement:
Profit Factor: 1015.87
That is why some people are using this indicatior for scalping.
its relay funny and good system.