NAMAZOV ELSHAD STRONG SİGNAL

Indicator Overview: "1H Precise Breakout with Volume (No MA Line)"
This is a custom TradingView indicator designed for the 1-hour (1H) timeframe, aimed at providing precise and low-risk trading signals without cluttering the chart. It uses a hidden Exponential Moving Average (EMA 34) and volume confirmation to detect breakout opportunities, while also marking trend direction and reversal points.

Purpose: Identifies buy and sell opportunities with reduced false signals.
Key Features:
Hidden EMA (34): A 34-period EMA calculates breakouts but remains invisible to keep the chart clean.
Volume Filter: Signals only appear when volume exceeds its 20-period average by 20%, ensuring strong market momentum.
Trend Direction: Small arrows (green ↑ for bullish, red ↓ for bearish) show the trend based on price relative to the EMA.
Reversal Points: Non-repainting pivot highs (red ▼) and lows (green ▲) mark potential tops and bottoms.
Breakout Signals: "BUY" (lime label) when price crosses above the EMA from a downtrend, and "SELL" (fuchsia label) when price crosses below from an uptrend, both with volume confirmation.
Non-Repainting: Signals are confirmed after a set lookback period (default 5), preventing changes after they appear.
Usage: Ideal for traders who want minimal chart elements and reliable, volume-backed signals on a 1H chart.