OPEN-SOURCE SCRIPT
Atualizado MA Trend Pullback System - V1.0
This indicator was built for traders who like using moving averages as a simple way to read trend, direction, and pullback areas.
It uses the 20 EMA, 50 EMA, and 200 EMA to help separate cleaner trending conditions from choppy, low-quality price action. When the market is showing a strong bullish or bearish structure, the background will lightly shade green or red so the current bias is easy to see at a glance. When there is no background, that usually means conditions are mixed or choppy, and I personally treat that as a warning to slow down or stay out.
The arrows are designed to mark possible pullback-continuation areas. They are not meant to be automatic buy or sell signals. They are more of a heads-up that price has pulled back toward the moving-average zone and may be worth watching for confirmation.
I also added a dashed vertical line at the regular U.S. market open, 9:30 AM Eastern, because that is an important reference point for intraday trading and helps visually separate the premarket from the main session.
The basic idea is simple:
Trade with the trend.
Wait for price to pull back.
Look for confirmation.
Avoid chop.
Manage risk first.
This is meant to be a clean visual framework for building discipline around moving-average pullback trades, not a magic signal system. Use it alongside your own market structure, risk management, and trade plan. NOT FINANCIAL ADVICE
It uses the 20 EMA, 50 EMA, and 200 EMA to help separate cleaner trending conditions from choppy, low-quality price action. When the market is showing a strong bullish or bearish structure, the background will lightly shade green or red so the current bias is easy to see at a glance. When there is no background, that usually means conditions are mixed or choppy, and I personally treat that as a warning to slow down or stay out.
The arrows are designed to mark possible pullback-continuation areas. They are not meant to be automatic buy or sell signals. They are more of a heads-up that price has pulled back toward the moving-average zone and may be worth watching for confirmation.
I also added a dashed vertical line at the regular U.S. market open, 9:30 AM Eastern, because that is an important reference point for intraday trading and helps visually separate the premarket from the main session.
The basic idea is simple:
Trade with the trend.
Wait for price to pull back.
Look for confirmation.
Avoid chop.
Manage risk first.
This is meant to be a clean visual framework for building discipline around moving-average pullback trades, not a magic signal system. Use it alongside your own market structure, risk management, and trade plan. NOT FINANCIAL ADVICE
Notas de Lançamento
- Fixed trend dashboard table readability- Pruned some text that was distracting and unnecessary
- Removed gray background, just green/red now with clear trend (mostly working)
Enjoy v1.0
Notas de Lançamento
- The green/red background fill was distracting so I changed it to a 'cloud' near price action instead.Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.