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Support and Resistance (High Volume Boxes) [ChartPrime]

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Breakout & Retest Approach:

Breakout: A breakout is identified when a resistance level is broken (breakout_res) or a support level is breached (breakout_sup).

Retest Confirmation: If the resistance is retested and confirmed as support (res_holds), a buy signal is generated for a bullish setup; if the support is retested and confirmed as resistance (sup_holds), a sell signal is generated.

Visual Indicators:

Additionally, large green and red triangle-shaped markers are displayed on the chart to indicate buy/sell signals.

Alerts can be set up in TradingView using alert conditions.

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