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Magic Pullback v2 by @DaviddTech

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The EMA is used to spot trends and determine whether they are uptrending or downtrending. It is also known as a retracement. It's a popular strategy because markets don't always trend upward straight from the start, but rather, take rest periods before continuing their trend. An uptrend is defined as higher highs and lower lows than a downtrend. Therefore, a breakout is a good time to buy.

☝️ Long Entry
1. Price is trending above the 3 EMA’s.
2. Price pulls back into the 25 or 50 EMA .
3. Price does not close below the 100 EMA .
3. Price closes above the 25 EMA .

👇 Short Entry
1. Price is trending below the 3 EMA’s.
2. Price pulls back into the 25 or 50 EMA .
3. Price does not close above the 100 EMA .
3. Price closes below the 25 EMA .
Release Notes
Added Api integraion Multi TP
Release Notes
Update the API services placeholders.
Release Notes
Adding Debugging console for the API alerts.
Release Notes

Added a MAX % to RR. If Stoploss is > X trade will not be entered.
FIX : The missing EMA for the optimiser.
Release Notes
Many bug fixes including

Alerts for Multi-Take Profites

Placeholders

Added alert for return to breakeven

ATR Stop fixed.

New ADX algos

New HA overlay for confluence

Fixed : Max Margin = 100

Multi TP must be in order 1 2 3 or it will not activate Multi TP

More updates on the Change LOG on site, with full explanations .
Release Notes
updated the alerts
Release Notes
Version 3.0.1 BETA of the boilerplate is finally here.
* Cleaner look.
* Better integration with API services.
* Faster signals.
* Recode of logic behind the BoilerPlate.
* RSI Improvement
* Added Volume
* Move to Breakeven for Single TP
* MA Protection : If position closes below an MA exit all positions.
* Sessions and End of Session Close all trades.
* Multi TP select number of Levels
* Martingale logic for position size
* Confluence indicators have been improved and added too.
* DaviddTech BOT by Endless Margin has been integrate (Free API service).
* Mobile version of the dashboard.

I'm sure there is much more that I have forgotten to add.

Note : Due to a problem with TV I had to release this version earlier than expected. It is currently in BETA please play nice and send me any BUGS or Features you may find.

WARNING:
- For purpose educate only - My mission is to debunk fake strategies with code.
- Plots EMAs and other values on chart.
- This script may change bars colors.

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.