5-Min First Candle Breakout/Breakdown

Awesome! Here's a basic Pine Script (v5) for a First 5-minute candle breakout/breakdown strategy with Buy/Sell signals and price labels. This script works by capturing the high and low of the first candle of the session and then showing signals when those levels are broken.

You can customize it further for Entry, Stop Loss, Target, etc., but this gives you the foundation with labels for buys/sells based on breakout/breakdown.