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Buy Low / Sell High Indicator

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🔧 Overview
The Buy Low / Sell High Indicator is a comprehensive multi-feature script designed for TradingView. It provides trend-following, mean-reversion, and price action signals within a single, highly customizable indicator. It combines ATR-based trailing logic, Hull Moving Averages, TP targets, Supertrend filtering, support/resistance detection, and trend clouds to help traders identify high-probability buy and sell opportunities.

⚙️ Core Features
✅ Buy/Sell Signal Logic
  • Logic: Based on ATR trailing stops and crossover logic.
  • Optional filter: Hull Suite trend must align with direction.
  • Custom sensitivity: Configurable with "Key Value" and "ATR Period".
  • Heikin Ashi Support: Uses Heikin Ashi close for smoother signals.


▶️ Take-Profit Levels
  • Configurable TP1, TP2, and TP3 as percentages from entry price.
  • Displayed with adjustable line styles and optional labels.


🔄 Hull Suite Filter
  • Choose between HMA, THMA, and EHMA variants.
  • Visualized as dynamic bands with trend-based coloring.
  • Optionally colors candles.


🌟 Zizou Signal Engine
  • Includes Supertrend + SMA confirmation.
  • Highlights strong vs weak signals based on SMA crossovers.


📊 Trend Tools
  • Trend Follower: Custom range filter for smoother trend transitions.
  • Trend Cloud: Long-term Hull MA colored based on relative price.
  • ADX: Identifies sideways markets.


📍 Support & Resistance Zones
  • Detects pivot highs/lows and draws zones.
  • Adjustable sensitivity, box width, and color.
  • Zones extend right or both ways.


⚡ Risk Management Tools
  • Optional TP/SL levels based on ATR distance.
  • Adjustable display lines, risk %, and formatting.



❓ How to Interpret Signals
🔵 Buy Signal: Blue label appears below bar.
  • Crossover above trailing stop + trend confirmation.
  • Optionally filtered by Hull Suite.


🔴 Sell Signal: Red label appears above bar.
  • Crossover below trailing stop + trend confirmation.
  • Optionally filtered by Hull Suite.


📊 TP Lines: Indicate potential take-profit levels based on % distance from entry.

🌟 Zizou Labels: Secondary confirmation labels based on SMA + supertrend.

🛍 Trend Cloud / Follower: Use for directional bias and exit confirmation.

🔹 S/R Boxes: Areas of past pivot structure. Useful for reaction zones.

⚡ Alerts
  • Buy Alert: Primary crossover signal.
  • Sell Alert: Primary crossover signal.
  • Zizou Buy/Sell: Alerts based on secondary SMA + Supertrend signal logic.


🚫 Disclaimer
This script is for educational purposes only and does not constitute financial advice. Trading involves risk. Always test strategies in simulation or with paper trading before applying real capital.

🔧 Best Practices
  • Confirm with multiple tools: Use Hull trend, S/R zones, and Trend Follower for confluence.
  • Use in liquid instruments and during active sessions.
  • Avoid trading when ADX is below the sideways threshold.
  • Always use stop-loss and risk management when trading live.


Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.