W Alart Supernova Predictor [Float + Squeeze + RVOL]

the script will automatically fetch the Float size of the stock you are looking at.

If the Float is Low (< 10M), it will show a "Low Float" label on the chart.

The "ROCKET" alert will ONLY fire if the stock is actually a Low Float stock. This prevents you from getting false signals on heavy stocks like Apple or Tesla.
How to read the signals on your chart
The Grey Background (The Warning):

When you see the background of the chart turn Grey, this indicates a Squeeze.

This matches the left side of your screenshot where the price was flat. It tells you: "Pay attention, energy is building up."

The Purple Line:

This is the VWAP. Generally, you only want to take long trades when the price is above this line.

The "ROCKET" Label:

This label will appear only when three things happen at once:

Price breaks the upper Bollinger Band.

Price is above VWAP.

Volume is 2.5x higher than average (you can change this number in settings).

******A Crucial Note on "False Positives"****
This script is designed to catch the start of the move. However, sometimes a stock will break out and then immediately fail (a "fake out").

To protect yourself, professional traders usually wait for the candle with the "ROCKET" signal to close, and then enter the trade only if the next candle breaks the high of that signal candle.