PROTECTED SOURCE SCRIPT
Pullback 3 EMAs - Yuricabral
This indicator helps you trade with the trend like a pro, pinpointing exactly when price corrects (pullbacks) and resumes its main direction.
It combines the power of 3 Exponential Moving Averages (EMAs) with Oscillator filters to generate high-probability signals.
🔥 Key Features:
✅ Smart Trend Detection:
Uses 3 EMAs (Fast, Mid, Slow) to gauge market context.
Non-Repainting: Uses an offset to ensure the trend definition doesn't flip deceptively during the open candle.
🎯 Entry Types (Automatic):
🐋 Deep Pullback: When price touches the Slow EMA (100). These are strong reliable signals!
⚡ Shallow Pullback: When price touches only the Mid EMA (20). The indicator is smart: it only allows this signal if all EMAs are Perfectly Aligned, keeping you out of choppy markets.
🛡️ Safety Filters:
Wick Rejection Logic: Not just a simple crossover. Price must "tag" the EMA and close back in the trend direction to confirm strength.
Stoch RSI Filter (Optional): Turn this on to only take trades when the market is in extreme zones (Oversold for Longs 🟢 / Overbought for Shorts 🔴).
🔔 Dynamic Alerts:
Get detailed notifications specifying if it's Long/Short, if the pullback was Deep, and the oscillator status.
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It combines the power of 3 Exponential Moving Averages (EMAs) with Oscillator filters to generate high-probability signals.
🔥 Key Features:
✅ Smart Trend Detection:
Uses 3 EMAs (Fast, Mid, Slow) to gauge market context.
Non-Repainting: Uses an offset to ensure the trend definition doesn't flip deceptively during the open candle.
🎯 Entry Types (Automatic):
🐋 Deep Pullback: When price touches the Slow EMA (100). These are strong reliable signals!
⚡ Shallow Pullback: When price touches only the Mid EMA (20). The indicator is smart: it only allows this signal if all EMAs are Perfectly Aligned, keeping you out of choppy markets.
🛡️ Safety Filters:
Wick Rejection Logic: Not just a simple crossover. Price must "tag" the EMA and close back in the trend direction to confirm strength.
Stoch RSI Filter (Optional): Turn this on to only take trades when the market is in extreme zones (Oversold for Longs 🟢 / Overbought for Shorts 🔴).
🔔 Dynamic Alerts:
Get detailed notifications specifying if it's Long/Short, if the pullback was Deep, and the oscillator status.
_________________________________________________________
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.