BB Breakout [DemaK]

BB Breakout [DemaK] is a volatility and intrabar activity indicator that combines Bollinger Band breakout context with an internal candle Point of Control (POC) derived from lower-timeframe data.

The indicator is designed to help traders identify expansion phases, price acceptance outside statistical ranges, and where volume concentrated inside each candle during those conditions.

Bollinger Breakout Context

The script plots a standard Bollinger Band structure and highlights conditions where price moves outside the upper or lower band. When this occurs:

The chart background is shaded to visually mark bullish or bearish breakout zones.

These zones help identify moments of increased volatility or directional pressure.

The Bollinger Bands serve as a statistical volatility framework, providing context rather than trade signals.

Candle POC Overlay

In addition to the breakout zones, the indicator plots a single price level per candle representing the candle’s internal Point of Control.

This level is derived from lower-timeframe price and volume behavior and highlights the price where the strongest participation occurred during the formation of the candle. The POC offers insight into:

Intrabar balance and imbalance

Areas of acceptance within high-volatility conditions

Potential short-term reaction levels

Optional labels can display basic volume and delta-related information for traders who want additional context.

How to use it

Use Bollinger breakout zones to identify volatility expansion.

Observe how price interacts with the candle POC during and after breakouts.

Combine both elements to assess whether breakouts show acceptance or rejection at key intrabar levels.

Notes

The indicator does not include VWAP calculations.

Lower-timeframe data availability may affect precision depending on symbol and exchange.

BB Breakout [DemaK] is intended as a contextual analysis tool, not a signal generator. It provides structured visual information that allows traders to interpret price behavior during volatility expansions using their own trading approach.