Breakouts with timefilter [LuciTech]

Here's the updated description with "colors" replaced by "colours" throughout, maintaining the original structure and content:

Breaking Point 2.0 [LuciTech]
This is a technical analysis overlay indicator designed to identify breakout levels based on pivot highs and lows, with a focus on price action during customizable time windows using London time (UK). It draws horizontal lines at pivot points and plots signals when price breaks above or below these levels, offering traders a tool to monitor potential bullish or bearish movements. The indicator includes options for time filtering and displaying only the most recent breakout.

Features
The Pivot Breakout Lines display horizontal lines at detected pivot highs (bullish) and pivot lows (bearish), coloured green and red by default. These lines extend from the pivot point to the breakout bar and can be set to show only the latest breakout.

The Breakout Signals mark bullish breakouts with an upward triangle below the bar and bearish breakouts with a downward triangle above the bar, using customizable colours.

The Time Filter restricts signals and lines to a specific window (default: 14:30–15:00 UK), which can be toggled on or off. A shaded background highlights this period when enabled.

How It Works
The indicator calculates pivot highs and lows using a user-defined lookback period (default: 5 bars). When price closes above a pivot high, it triggers a bullish signal and draws a line from the pivot to the breakout bar. When price closes below a pivot low, it triggers a bearish signal with a corresponding line.

If the time filter is active, signals and lines only appear within the specified window. Outside this period—or if the filter is disabled—they appear based solely on price action. The indicator maintains up to three recent pivots in memory, removing older ones as new pivots form.

Alerts are available for both bullish and bearish breakouts, triggered when signals occur.

Settings
Length controls the lookback period for pivot detection (default: 5).

Colours Bull/Bear sets the colours for bullish (default: green) and bearish (default: red) lines and signals.

Show Last Breakout toggles whether only the most recent breakout line and signal are displayed (default: false).

Time Filter enables or disables the time restriction (default: true).

Fill Background toggles a shaded area during the time window (default: true), with a customizable colour.

Time Settings define the start hour/minute and end hour/minute for the filter (default: 14:30–15:00).

Interpretation
The Pivot Breakout Lines highlight levels where price has previously reversed, potentially acting as support or resistance. A breakout above a pivot high may suggest bullish momentum, while a breakout below a pivot low may indicate bearish pressure.

The Breakout Signals provide visual cues for these events, useful for timing entries or exits. When "Show Last Breakout" is enabled, the chart focuses on the most recent signal, reducing clutter.

The Time Filter and background shading help traders concentrate on specific trading sessions, such as high-volatility periods. When disabled, the indicator tracks breakouts across all times.