OPEN-SOURCE SCRIPT

Pullback Strategy

Updated
BTCUSD -- 5 min

BUY POSITION

1 : Fast ema is above medium ema and medium ema is above slow ema
2 : The price drops below the fast ema but not the slow ema
3 : The price rises above the fast ema


SELL POSITION

1 : Fast ema is below medium ema and medium ema is below slow ema
2 : the Price rises above fast ema but not slow ema
3 : The price drops back below the fast ema

Release Notes
Multiple target, breakeven and display table
Trend Analysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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