OPEN-SOURCE SCRIPT
Madrimov Ribbon Pullback
Madrimov Ribbon Pullback
A trend-continuation strategy indicator built for crypto futures trading. Combines the Madrid Moving Average Ribbon with Smart Money Concepts (internal structure) to identify high-quality pullback entries in clean trending markets.
How it works:
The indicator waits for 3 things to align before firing a signal:
Clean Ribbon Trend — The Madrid Ribbon (MA75–MA90) must be clearly sloping with visible band separation. Flat or compressed ribbons are ignored automatically.
Pullback to Ribbon — Price must pull back into the ribbon zone, not just trade near it.
Structure Confirmation — A CHoCH or BOS must form at the ribbon, confirming buyers (or sellers) are stepping in.
Only when all 3 conditions align does a BUY or SELL signal fire.
Features:
Auto HTF bias filter (higher timeframe trend must agree)
ATR-based TP1, TP2, and SL levels
Clean/Weak ribbon status shown in info table
Fully adjustable slope and separation sensitivity
Built-in alerts for BUY and SELL signals
Best used on: 15m, 30m, 1H timeframes on crypto perpetual contracts.
Built for: Madrimov_trade (telegram)
A trend-continuation strategy indicator built for crypto futures trading. Combines the Madrid Moving Average Ribbon with Smart Money Concepts (internal structure) to identify high-quality pullback entries in clean trending markets.
How it works:
The indicator waits for 3 things to align before firing a signal:
Clean Ribbon Trend — The Madrid Ribbon (MA75–MA90) must be clearly sloping with visible band separation. Flat or compressed ribbons are ignored automatically.
Pullback to Ribbon — Price must pull back into the ribbon zone, not just trade near it.
Structure Confirmation — A CHoCH or BOS must form at the ribbon, confirming buyers (or sellers) are stepping in.
Only when all 3 conditions align does a BUY or SELL signal fire.
Features:
Auto HTF bias filter (higher timeframe trend must agree)
ATR-based TP1, TP2, and SL levels
Clean/Weak ribbon status shown in info table
Fully adjustable slope and separation sensitivity
Built-in alerts for BUY and SELL signals
Best used on: 15m, 30m, 1H timeframes on crypto perpetual contracts.
Built for: Madrimov_trade (telegram)
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.
Telegram @Madrimov_trade
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.
Telegram @Madrimov_trade
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.