OPEN-SOURCE SCRIPT
Updated Pullback Indicator Trial
- Credits to ZenAndTheArtOfTrading
- Contains 3 EMA's: 8, 13, 21
- Plots Entry Price, Stop Price, and Target Price (Recommend using Stop Market or Stop Limit Orders)
- If Buy Entry Price is not hit and a new Buy signal appears, you can create multiple orders or ignore the new one or cancel the previous and take the new signal. As for Sell signals, do the opposite.
- If Buy Entry Price is not hit and a Sell signal appears, decide to take trade at your own discretion and vice versa(sell side).
- Contains 3 EMA's: 8, 13, 21
- Plots Entry Price, Stop Price, and Target Price (Recommend using Stop Market or Stop Limit Orders)
- If Buy Entry Price is not hit and a new Buy signal appears, you can create multiple orders or ignore the new one or cancel the previous and take the new signal. As for Sell signals, do the opposite.
- If Buy Entry Price is not hit and a Sell signal appears, decide to take trade at your own discretion and vice versa(sell side).
Release Notes
-addded 55 emaRelease Notes
...Release Notes
.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.