CC Trend Analysis #1

Script Description
CC Trend Analysis #1 is a Pine Script v6 indicator designed to identify market trends, detect breakout structures, and visualize critical price levels on financial charts. Here’s a concise overview of its core functionality:
Key Features
Dual Zig-Zag Trend Analysis
Uses two independent zig-zag algorithms (configurable periods) to filter noise and identify primary trends.
Draws dynamic trend lines to highlight support/resistance levels and trend continuations.
Breakout Detection
Automatically detects trend reversals and breakout points using structural analysis.
Draws horizontal lines to mark breakout levels for potential entry/exit signals.
Visualization Tools
Customizable colors, line styles, and widths for trend lines and breakout levels.
Labels to annotate key price points (e.g., HH, HL, LL, LH).
Conditional background coloring based on the current trend direction.
Multi-Timeframe Filtering
Configurable start/end dates to focus analysis on specific market periods.
Access token protection for restricted use.
How to Use
Trend Identification: Follow the zig-zag lines to gauge trend direction and strength.
Breakout Signals: Look for horizontal lines crossing price action as potential breakout triggers.
Customization: Adjust parameters via the input panel to match your trading style (e.g., period, colors, labels).
Ideal For
Swing traders and investors seeking clear trend definitions.
Breakout strategies focusing on structural price patterns.
Visual analysis of support/resistance levels.
Let me know if you need further simplification!