OPEN-SOURCE SCRIPT

PED

230
Very simple script that suggests entry points based on a Pivot Pullback structure. It's an entry tool, rather than a full strategy, giving a way to consistently use an Entry Pattern with a set Stop and Target.

It needs something else, whether mechanical or discretionary to decide if the market is actually set up for an entry, since this script will draw its markers in every market condition, including ones unsuited to this type of Pullback trading

Works by detecting a high point and then a 2+ candle PB, trading only Longs/Shorts Above/Below the MA.

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