NY S/R Breakout V1

https://drive.google.com/file/d/18Muc2NojwZoCbnJ9BcRp2D49A4myChwq/view?usp=sharing

https://drive.google.com/file/d/1Bayqb1ZvMTB9D8yDv_poxxfYBqVgZO_e/view?usp=sharing

Using ATR, VWAP, and RVOL, we can make assumed breakout lines that follow as the price develops, and when a good breakout happens, the lines won't follow but become slightly static to confirm.

The best use I've seen with this indicator is when Price on the 5m closes officially above or below one of the lines, and then shows some bullish push up on the 1m, followed by VWAP price being below price if Bullish, and Above price if Bearish (A good distance is developed for an accurate VWAP)

Please note that this indicator was developed using Google AI.
Please comment on your thoughts, ideas, and improvements to help this indicator grow!

The best settings for this are:

Keep only Long Buffer, short Buffer, and VWAP on
Turn off the ORB High and Low

ATR - 0.3
Relative Volume Threshold - 1.2

These are the settings I found successful for finding confirmed breakouts at 9:30 AM EST, market open

This code was developed by parischristo67

Coded with Gemini