BPS BB-Expansion (BPS-Regime with Traffic-Light)

#BPS BB-Expansion (BPS-Regime with Traffic-Light)

1. Identifies bullish Bollinger Band expansions by measuring increasing band width, signaling the transition from consolidation to directional movement.

2. Confirms bullish market direction using a rising EMA, ensuring trades are aligned with the prevailing trend.

3. Detects confirmed bullish breakouts when price closes above the upper Bollinger Band, avoiding repainting signals.

4. Applies a trend-stability filter that requires price to remain above the EMA for a minimum number of bars, reducing false breakouts.

5. Calculates annualized volatility using ATR, Parkinson, or a hybrid method, allowing flexible and realistic volatility estimation.

6. Enhances volatility assessment with a dynamic volatility buffer that adapts to current market regimes via ATR comparison.

7. Filters trades based on minimum buffered volatility, ensuring sufficient option premium for credit-based strategies.

8. Uses a signal-locking mechanism to prevent repeated signals during the same bullish move.

9. Classifies market conditions into a Traffic Light system (GREEN / YELLOW / NO TRADE) to guide Bull Put Spread decisions.

10. Displays an on-chart dashboard and signal history, including regime status, buffered volatility, and recent buy signals for structured decision-making.