This script identifies high-probability breakout and reversal setups using a combination of Bollinger Bands, Keltner Channels, MACD, Stochastic RSI, and Anchored VWAP.
🔹 Breakout Signals: Triggered after a volatility squeeze with momentum confirmation.
🔹 Reversal Signals: Occur post-squeeze with strong directional momentum shifts.
🔹 Customizable Inputs: Adjust indicator parameters for fine-tuned signals.
🔹 Enhanced Visualization:
Bollinger Bands, Keltner Channels, and AVWAP plotted on the main chart.
MACD & Stochastic RSI plotted in a separate pane.
Dynamic bar coloring for easy signal recognition.
Ideal for traders looking to capitalize on high-momentum breakouts and reversals! 📈🔥