PROTECTED SOURCE SCRIPT
EntryXpert 1.2
Pullback Detection Logic - The scanner now waits for price to pull back and touch the Fast EMA within a specified number of bars (default 10) after the initial crossover . Entry only triggers when price bounces back in the trend direction after touching the EMA .
Automatic 1:2 Risk-Reward Calculation - Stop-loss is calculated using ATR multiplied by a customizable factor (default 1.5x) . Take-profit is automatically set at exactly 2x the stop-loss distance, giving you your preferred 1:2 risk-reward ratio .
Visual TP/SL Lines - Stop-loss and take-profit levels are plotted as horizontal lines at exact price levels on the chart . Lines automatically disappear when price hits either level, keeping your chart clean .
State Management - The scanner tracks whether it’s waiting for a pullback after a crossover and won’t generate conflicting signals . Entries only fire after confirmed pullback and bounce confirmation, reducing false signals significantly .
Customizable Parameters - Adjust the ATR(Average true range) multiplier to control stop-loss distance based on market volatility . Set the pullback lookback period to match your trading timeframe (default 10 bars)
Automatic 1:2 Risk-Reward Calculation - Stop-loss is calculated using ATR multiplied by a customizable factor (default 1.5x) . Take-profit is automatically set at exactly 2x the stop-loss distance, giving you your preferred 1:2 risk-reward ratio .
Visual TP/SL Lines - Stop-loss and take-profit levels are plotted as horizontal lines at exact price levels on the chart . Lines automatically disappear when price hits either level, keeping your chart clean .
State Management - The scanner tracks whether it’s waiting for a pullback after a crossover and won’t generate conflicting signals . Entries only fire after confirmed pullback and bounce confirmation, reducing false signals significantly .
Customizable Parameters - Adjust the ATR(Average true range) multiplier to control stop-loss distance based on market volatility . Set the pullback lookback period to match your trading timeframe (default 10 bars)
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.