Aggressive Pullback Indicator

2017년 9월 12일

This indicator is designed to be used with the rules of Steven Hart's Aggressive Pullback Strategy. It is intended for use on the 4-hour timeframe of certain currency pairs, but will work on all timeframes and instruments. The rules are customizable, but the default settings are designed to reflect the rules of Steven's pullback strategy as closely as possible.

To enable alerts: Add the indicator to the chart and create a new alert with the settings Condition: API , Frequency: Once Per Bar (on Close).

Feel free to message me if you have any questions :)

- Matt.

2018년 6월 27일

릴리즈 노트

- Added fractal option for entries to improve signal "quality" (entry candle must be a 3-point fractal)
- Improved signal validity when price is hovering around EMA (according to the strategy rules)
- Implemented optional ATR stop loss algorithm for making stops and targets slightly tighter while still adjusting for volatility.

ATR Stop Loss Algorithm:

If ATR is under 30 then stop loss = 20 pips
If ATR is over 30 but under 50 then stop loss = 30 pips
If ATR is over 50 but under 100 then stop loss = 50 pips
If ATR is over 100 then stop loss = 100 pips

2018년 6월 27일

릴리즈 노트

- Added coloured EMA (optional).

2018년 6월 27일

릴리즈 노트

- Changed alert message for easier editing.

2018년 7월 5일

릴리즈 노트

Changed stops and targets to plot as lines.

2018년 7월 5일

릴리즈 노트

Minor text fixes

2018년 9월 5일

릴리즈 노트

Added 5-decimal precision setting to indicator for better target/SL accuracy.

2019년 2월 17일

릴리즈 노트

Minor improvements

2019년 5월 8일

릴리즈 노트

-

Cleaned up the code and simplified the settings interface.

I will be releasing a new-and-improved premium version of this indicator soon with more options and features (the one I use in my own personal trading).

Check my website for more information - zenandtheartoftrading.com/indicators

2020년 10월 1일

릴리즈 노트

Converted to Pine Script version 4 and optimized code

2022년 2월 1일

릴리즈 노트

Updated to Pine Script v5

1월 10일

릴리즈 노트

Updated to v6 pine script