Very useful indicator—I was actually planning to build something like this myself until I saw this one.

Using the high and low prices from previous days makes for really accurate support and resistance levels and the (N) days feature very cool. Im  using 5

Great stuff. Well done

Had to come back for a second comment - This is an outstanding indicator.

May I ask who developed it? I’d be very interested in reviewing the source code if you're open to sharing it.

I'm currently exploring the idea of building an automated trading system that executes buy orders on the new highs and sell orders on new lows, based on this concept.

Instead of just generating an alert, have you considered integrating trade execution directly from the signal? I believe it could significantly enhance the utility of this tool.

Once I have some time — as I’m currently working on three other bots — I plan to develop this. I could even integrate it directly into your original source code for you, if you'd like.