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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.


Penafian

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