PROTECTED SOURCE SCRIPT

Deep Z Nifty Breakout Box (Historical & Colored)

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📦 Nifty Breakout Box (Historical & Colored) — Intraday Breakout Visualization

This script highlights intraday breakout zones for Nifty using colored boxes. It starts drawing a new box at 9:15 AM (IST) and dynamically adjusts to the high/low until a breakout occurs (based on candle close). Breakout boxes are color-coded:

🔷 Blue for upside breakouts

🟠 Orange for downside breakouts

🟡 Yellow for the initial box of the session

Useful for identifying historical and real-time breakout structures during live trading.
Works best on intraday charts (e.g., 5m, 15m).

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