Volume-Cluster-Alert Script

The script automatically detects support and resistance areas on any instrument and across all timeframes. A zone appears on the chart as soon as it is formed and remains visible until a confirmed breakout occurs — defined as a candle on the current timeframe closing outside the zone’s boundaries. Once a breakout is confirmed, the zone is removed automatically.

For each zone, the following information is shown:

• the volume traded within the zone;
• the number of times price has touched the zone.

These metrics can be used to evaluate the reliability of a zone. In addition, the relative “strength” of zones is visually indicated by how long they persist and by their vertical size (price range).

By default:

• resistance zones are highlighted with a purple background;
• support zones are highlighted with a light blue background.

The script includes flexible customization settings, allowing you to adjust:

• zone colors;
• the number of zones displayed;
• the maximum allowed distance of zones from the current price.

The script is distributed in a private-only format and is intended solely for visual market structure analysis.
It does not constitute a trading strategy and does not offer investment advice.