Institutional RSI Trendline Breakout Strategy

Key Features:
1. RSI Trendline Detection

Automatically identifies RSI resistance (bearish) and support (bullish) trendlines
Requires minimum touch points for validation
Dynamic trendline calculation with configurable pivot lookback

2. Market Structure Analysis

Detects swing highs/lows to identify uptrends and downtrends
Combines multiple trend confirmation methods (swing structure + moving averages)
Visual background highlighting for trend confirmation

3. Breakout Signals

Buy Signal: RSI breaks above resistance trendline + bullish market structure
Sell Signal: RSI breaks below support trendline + bearish market structure
Configurable breakout threshold to avoid false signals

4. ATR-Based Stop Loss

Dynamic stop loss placement based on market volatility
Multiplier-adjustable for different risk profiles
Visual plotting of stop loss levels

5. Signal Filters

Volume filter to confirm breakout validity
RSI level filters to avoid extreme conditions
Multiple validation layers for institutional-grade accuracy

6. Professional Visualization

Clear buy/sell signal markers on chart
Information dashboard with real-time metrics
Trend background highlighting
Stop loss level indicators

7. Alert System

Ready-to-use alerts for both buy and sell signals
Includes entry price and stop loss in alert messages

This script provides institutional-grade signal quality with multiple confirmation layers, optimal risk management, and comprehensive market analysis.