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MovTrend Pullback System
What it is: A trend-following 5 minute indicator built around a linear regression trend line ("MovTrend") with ATR-based volatility bands. It generates four distinct signal types, each answering a different question about price action relative to the trend.
Core components
MovTrend Line (MT) — A linear regression line (ta.linreg) plotted over price, colored by direction: green when sloping up, red when sloping down, gray when flat. This is the trend backbone everything else references.
Slope — The MT line's rate of change over a lookback window, plotted as a histogram in the lower pane. Crossing above/below configurable thresholds marks a "confirmed" up or down trend (green/red bars); values between thresholds are a gray "no-trade zone" where the trend isn't strong enough to trust.
ATR Bands — Upper/lower bands plotted around the MT line at a multiple of ATR, representing a "normal" volatility envelope. Price moving outside these bands is considered stretched/overextended relative to the trend.
The four signals
🟢 Buy Dot / 🔴 Sell Dot (Pullback Touch)
Fires when price dips down and touches the MT line during a confirmed uptrend (buy), or pokes up and touches it during a downtrend (sell), then closes back in the trend's favor. This is the core "buy the dip / sell the rip" signal — a shallow pullback to the trend line that holds.
🟡 Stretch Dot (Mean-Reversion Warning)
Fires when price closes outside the ATR bands — i.e., stretched further from the trend line than normal volatility would suggest. Dot size scales with how extreme the stretch is (tiny = mild, small = moderate, orange/normal = extreme), giving you an at-a-glance read on how overextended price is. This isn't a reversal signal on its own — it's a caution flag that price may be due to snap back toward the MT line. It's filtered by:
Volatility regime — suppressed during low-volatility chop, since a "stretch" in dead conditions is less meaningful
FVG confluence — checks if price is near a fair value gap, adding context to the stretch
Volume — requires above-average volume to confirm real participation, not just a thin drift
Slope deceleration — confirms the trend itself is actually losing momentum, not just that price poked outside the band
🔷 Trend Continuation Diamond (cyan up / magenta down)
Fires on a high-volume push with the trend, away from the MT line — meant to catch strong continuation moves the pullback-touch signal misses (since it only fires on touches, not on strength). It's built specifically to avoid firing at exhaustion tops/bottoms by requiring:
Volume that is not the largest in the recent lookback window (avoids climactic blow-off bars)
Slope that's still accelerating, not flattening
A cooldown between diamonds so one strong leg doesn't spam multiple signals
Filters that apply across signals
Session filter — dims the chart and can gate signals outside your configured trading hours, since overnight/thin-liquidity behavior isn't comparable to regular session action
MTF confirmation — optionally requires a higher timeframe's slope to agree before a buy/sell touch fires, filtering out signals that look right locally but fight the bigger picture
Signal conflict resolution — a Trend Continuation diamond won't fire on the same bar as a Buy/Sell touch, avoiding mixed signals
Performance tracking table
How to read it together
The intended workflow: use the MT line + slope histogram to establish trend context, take Buy/Sell touches as primary pullback entries in the direction of that trend, treat Stretch dots as a caution/take-profit signal rather than a new entry, and use Continuation diamonds as confirmation that a trend still has legs when you're already in a position or considering adding.
Core components
MovTrend Line (MT) — A linear regression line (ta.linreg) plotted over price, colored by direction: green when sloping up, red when sloping down, gray when flat. This is the trend backbone everything else references.
Slope — The MT line's rate of change over a lookback window, plotted as a histogram in the lower pane. Crossing above/below configurable thresholds marks a "confirmed" up or down trend (green/red bars); values between thresholds are a gray "no-trade zone" where the trend isn't strong enough to trust.
ATR Bands — Upper/lower bands plotted around the MT line at a multiple of ATR, representing a "normal" volatility envelope. Price moving outside these bands is considered stretched/overextended relative to the trend.
The four signals
🟢 Buy Dot / 🔴 Sell Dot (Pullback Touch)
Fires when price dips down and touches the MT line during a confirmed uptrend (buy), or pokes up and touches it during a downtrend (sell), then closes back in the trend's favor. This is the core "buy the dip / sell the rip" signal — a shallow pullback to the trend line that holds.
🟡 Stretch Dot (Mean-Reversion Warning)
Fires when price closes outside the ATR bands — i.e., stretched further from the trend line than normal volatility would suggest. Dot size scales with how extreme the stretch is (tiny = mild, small = moderate, orange/normal = extreme), giving you an at-a-glance read on how overextended price is. This isn't a reversal signal on its own — it's a caution flag that price may be due to snap back toward the MT line. It's filtered by:
Volatility regime — suppressed during low-volatility chop, since a "stretch" in dead conditions is less meaningful
FVG confluence — checks if price is near a fair value gap, adding context to the stretch
Volume — requires above-average volume to confirm real participation, not just a thin drift
Slope deceleration — confirms the trend itself is actually losing momentum, not just that price poked outside the band
🔷 Trend Continuation Diamond (cyan up / magenta down)
Fires on a high-volume push with the trend, away from the MT line — meant to catch strong continuation moves the pullback-touch signal misses (since it only fires on touches, not on strength). It's built specifically to avoid firing at exhaustion tops/bottoms by requiring:
Volume that is not the largest in the recent lookback window (avoids climactic blow-off bars)
Slope that's still accelerating, not flattening
A cooldown between diamonds so one strong leg doesn't spam multiple signals
Filters that apply across signals
Session filter — dims the chart and can gate signals outside your configured trading hours, since overnight/thin-liquidity behavior isn't comparable to regular session action
MTF confirmation — optionally requires a higher timeframe's slope to agree before a buy/sell touch fires, filtering out signals that look right locally but fight the bigger picture
Signal conflict resolution — a Trend Continuation diamond won't fire on the same bar as a Buy/Sell touch, avoiding mixed signals
Performance tracking table
How to read it together
The intended workflow: use the MT line + slope histogram to establish trend context, take Buy/Sell touches as primary pullback entries in the direction of that trend, treat Stretch dots as a caution/take-profit signal rather than a new entry, and use Continuation diamonds as confirmation that a trend still has legs when you're already in a position or considering adding.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。