Range and Deviation Signals: The script tracks bullish and bearish deviations from predefined ranges (high/low, uptrend/downtrend). This helps identify price movements outside of normal trading ranges, which often signal breakouts or potential reversals.
Momentum Phases: It captures early and completed bullish and bearish momentum phases, providing insight into whether the market is gaining or losing strength.
Buy and Sell Signals: It integrates strong buy/sell signals based on both general and specific conditions (e.g., deviations and bounces from ranges).
Purges and Liquidity Bounces: The script includes purge signals, which indicate large market liquidations or stop hunts, alongside liquidity bounces/rejections, highlighting possible reversal points in volatile conditions.