Get started
OPEN-SOURCE SCRIPT

Pullback SP-Strategy#9

By 1776er
Updated
This is my interpretation of Steven Primo's pull back strategy indicator # 9. Seems to work on any time frame or combination high and low. I prefer to use it with the regular fractals and a 20 or 50 SMA and 5 period RSI. I would prefer to have it only paint up arrows when bars close above the SMA and vise versa with down arrows. If someone can help me correct that please contact me.

Thanks, 1776er.
Release Notes
This is my interpretation of Steven Primo's pull back strategy indicator # 9. Seems to work on any time frame or combination high and low. I prefer to use it with the regular fractals and a 20 or 50 SMA and 5 period RSI . I would prefer to have it only paint up arrows when bars close above the SMA and vise versa with down arrows. If someone can help me correct that please contact me.

Thanks, 1776er.



Release Notes
Added an EMA to the mix.
Release Notes
Renamed it Fractal PB strategy. I think its a better title. I have added another EMA and two more SMAs for a more complete strategy.
Moving AveragespullbacksmaTrend 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.

Want to use this script on a chart?

1776er

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.