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The text discusses the discovery of a new free indicator on TradingView called Three Line Strike with notifications. The creator explains how to find and use the indicator, highlighting its unique features and showcasing successful trading results on the Australian Dollar/US Dollar pair. The indicator only shows three line strikes, bullish or bearish, and the narrator gives a live demonstration of its effectiveness on a five-minute timeframe. The narrator emphasizes the quality of the results and the simplicity of using the indicator.