Indicators: Compression Breakout Channels with Buy and Sell Volume
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Compression Breakout Channels with Buy and Sell Volume:
Finds volatility compressions as they form, boxes each one as a channel with ATR edge bands and marks the bar that breaks out of it. Inside the live channels: buy and sell volume split from M1 bars, drawn as candles and text, plus a gauge of the current volume delta. Breakout arrows in buffers for EAs.
Author: Bruno Nunes Myrrha Ribeiro