This is an experimental idea to transform the original script created by @Fleite28 in a kind of SSL with volatility bands.

@Fleite28 has made all script and he have all credits, I just give him this idea.

I'm using this indicator to confirm:

1-potential bull trend (when you have 2x green lines with support)
2-potential bear trend (2x lines red - resistance)
3-consolidations (inside green support and red resistance).

Try to use this with a Market Profile Volume and some trend lines.


Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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Want to use this script on a chart?