GLB - Green Line Breakout

This script helps traders automatically detect Green Line Breakouts (GLBs) — a concept popularized by Dr. Eric Wish. A GLB occurs when a stock breaks out above a long-term pivot high that hasn’t been touched for a specified confirmation period (e.g., 3 months).

📌 Key Features:
Pivot High Detection based on customizable pivot strength.

Flexible Lookback Periods: Choose from 1 week to 5 years or ATH.

Confirmation Logic: Ensures the pivot remains unbroken for a set period before being marked as valid.

Breakout Detection: Marks the first breakout bar with a labeled event.

Dynamic Timeframe Support: Use daily bars or scale automatically with your chart's timeframe.

Historical Anchoring: Draws persistent lines from confirmation to breakout, helping visualize past GLBs.

🛠 Settings Include:
Pivot Strength

Timeframe Mode (Daily or Current)

Lookback Period (1W–ATH)

Confirmation Period (1W–1Y)