OPEN-SOURCE SCRIPT
Trend Pullback by Kidd
Trend Pullback by Kidd — User Instructions
What This Indicator Does
This indicator looks for:
A trend already moving up or down
A small pullback against that trend
The first candle showing momentum back in the trend direction
It is designed for:
scalping
momentum continuation
pullback entries
Best used on:
NQ / MNQ
ES / MES
highly liquid markets
EMA Colors
20 EMA Colors
Green = bullish trend
Red = bearish trend
Yellow = sideways / weak trend
9 EMA
Blue line
Used as short-term momentum support/resistance
LONG Setup
The indicator looks for:
Trend moving UP
Small pullback downward
Green candle closes above previous candle high
When this happens:
LONG label appears
ENTRY line appears
SL line appears
SHORT Setup
The indicator looks for:
Trend moving DOWN
Small pullback upward
Red candle closes below previous candle low
When this happens:
SHORT label appears
ENTRY line appears
SL line appears
ENTRY
The green or red ENTRY line is the suggested entry area.
Green ENTRY = long trade
Red ENTRY = short trade
STOP LOSS
The SL line is based on:
pullback low for longs
pullback high for shorts
This is a structure-based stop loss.
Best Conditions
This indicator works best when:
the 20 EMA has a strong angle
price trends cleanly
pullbacks are controlled and shallow
momentum resumes quickly
Avoid Trading When
Avoid signals when:
20 EMA is yellow/flat
candles overlap heavily
market chops sideways
during dead lunchtime conditions
Recommended Timeframes
Best starting points:
1 minute
2 minute
5 minute
Suggested Markets
Works best on:
MNQ / NQ
MES / ES
high volume futures
Alert Setup
The indicator includes:
BULL ALERT
BEAR ALERT
BULL OR BEAR ALERT
Use:
“Once Per Bar Close”
This prevents premature signals before candles close.
Important Notes
This is:
a pullback continuation indicator
NOT:
a reversal indicator
The goal is:
trade WITH momentum
not against it
Strong trends usually perform best.
What This Indicator Does
This indicator looks for:
A trend already moving up or down
A small pullback against that trend
The first candle showing momentum back in the trend direction
It is designed for:
scalping
momentum continuation
pullback entries
Best used on:
NQ / MNQ
ES / MES
highly liquid markets
EMA Colors
20 EMA Colors
Green = bullish trend
Red = bearish trend
Yellow = sideways / weak trend
9 EMA
Blue line
Used as short-term momentum support/resistance
LONG Setup
The indicator looks for:
Trend moving UP
Small pullback downward
Green candle closes above previous candle high
When this happens:
LONG label appears
ENTRY line appears
SL line appears
SHORT Setup
The indicator looks for:
Trend moving DOWN
Small pullback upward
Red candle closes below previous candle low
When this happens:
SHORT label appears
ENTRY line appears
SL line appears
ENTRY
The green or red ENTRY line is the suggested entry area.
Green ENTRY = long trade
Red ENTRY = short trade
STOP LOSS
The SL line is based on:
pullback low for longs
pullback high for shorts
This is a structure-based stop loss.
Best Conditions
This indicator works best when:
the 20 EMA has a strong angle
price trends cleanly
pullbacks are controlled and shallow
momentum resumes quickly
Avoid Trading When
Avoid signals when:
20 EMA is yellow/flat
candles overlap heavily
market chops sideways
during dead lunchtime conditions
Recommended Timeframes
Best starting points:
1 minute
2 minute
5 minute
Suggested Markets
Works best on:
MNQ / NQ
MES / ES
high volume futures
Alert Setup
The indicator includes:
BULL ALERT
BEAR ALERT
BULL OR BEAR ALERT
Use:
“Once Per Bar Close”
This prevents premature signals before candles close.
Important Notes
This is:
a pullback continuation indicator
NOT:
a reversal indicator
The goal is:
trade WITH momentum
not against it
Strong trends usually perform best.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.