Point and Figure Trend Line Indicator with Alerts

My Pine Script indicator, "PnF Bullish and Bearish Trend Backgrounds," visualizes bullish and bearish trends using Point and Figure (PnF) methodology.

Summary:
Input Parameters:
Box Size: Determines the price movement sensitivity.
Bullish/Bearish Angles: Set angles for defining trend slopes.

Trend Calculation:
The script calculates slopes based on input angles and updates trendlines based on price actions.

Alerts:
It generates alerts when price breaks bullish or bearish trendlines, signaling potential buy/sell opportunities.

Visualization:
Trendlines are plotted in green (bullish) and red (bearish), with background colors highlighting trendline breaks.
Background: Green (uptrend) Red (Downtrend) Overlap or Black (Neutral)

Usage:
Add to Chart: Load the script on TradingView.
Monitor Alerts: Keep an eye on alerts for trendline breaks.
Analyze Trends: Use the visual cues to identify potential market movements.

I'll release a video explanation of this indictor soon.