SIGMA BUY

Sure! Here's a simple explanation in English for your TradingView script:

🔍 What This Indicator Does:

This is a buy/sell trading indicator based on the Supertrend strategy, with several optional filters to improve signal quality.

✅ Main Features:

📈 Supertrend Logic

Detects market trend using the ATR (Average True Range).

Generates a buy signal when the price crosses above the Supertrend line.

Generates a sell signal when the price crosses below the Supertrend line.

📊 Filters (Optional — you can turn them ON or OFF):

EMA200 Filter: Only buy if price is above the 200 EMA.

RSI Filter: Only buy/sell if RSI is above or below certain values.

MACD Filter: Confirms signal using MACD crossover.

ATR Band Filter: Ensures enough volatility for valid signals.

Candle Pattern Filter: Looks for strong candlestick patterns (e.g., Bullish Engulfing, Hammer).

📦 Scalping Zones (Green/Red Zones):

Shows shaded areas to help visualize trend-based trading zones.

📅 Candle Boxes:

Draws a box for the first 30-minute candle of the day.

Also draws a box for the first 4-hour candle of the day.

Helps spot key support/resistance levels from those timeframes.

🔔 Alerts:

You can set alerts when a confirmed BUY or SELL signal appears.

💡 Example Use Case:

If you’re trading a stock or crypto:

Turn ON EMA200 and RSI filters to avoid weak signals.

Use the first 30m/4h boxes to plan entries around key levels.

Would you like me to simplify or customize this indicator even more for beginners or specific markets (like Forex, Crypto, or Saudi stocks)?