PULL-BACK PANDA TRADING

Advanced trading indicator specifically designed for *Buy positions* across Forex, Crypto, Indices, Commodities, and more. This indicator automatically detects high-probability short setups using pattern recognition and logarithmic price scaling for precise entry and exit levels.
🎯 Key Features
Automated Pattern Detection
- Logarithmic price scaling for accurate level calculations across all asset classes
- Real-time pattern validation with customizable error tolerance
- Automatic signal generation when valid short setups appear
*Multi-Entry System*
- Entry 1 (E1): Primary Buy entry zone
- Entry 2 (E2): Secondary entry for position scaling
- Flexible entry strategy allows partial or full position entries
Comprehensive Risk Management
- Clearly defined Stop Loss levels above entry
- 6 Take Profit targets for systematic profit-taking
- Dynamic risk-reward calculations
- Position sizing guidance through pip calculations
📊 Visual Elements
Clean Chart Display
- Color-coded entry levels (cyan by default)
- Red stop loss markers
- Green take profit levels
- Minimal clutter with smart label placement
Real-Time Signals
- Triangle markers at entry points
- Diamond markers at take profit hits
- X-cross markers at stop loss hits
- All signals appear in real-time with proper confirmation
Statistics Dashboard
- Live win rate tracking
- Total signals count
- Entry 2 activation rate
- Stop loss hit counter
- Performance metrics at a glance
Entry Strategy
- Conservative: Enter only at E1, wait for confirmation
- Aggressive: Scale in at both E1 and E2
- Dynamic: Use E1 as main entry, E2 for adding to position
Exit Strategy
- TP1: Quick profit target, secure partial profits
- TP2-TP3: Medium-term targets
- TP4-TP6: Extended targets for trend continuation
- Trail stop loss as targets are hit
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⚙️ Customization Options
Detection
- Precision: Adjust sensitivity (default: 10)
- Error Tolerance: Fine-tune pattern matching (default: 10%)
- Balance between signal frequency and accuracy
Visual Settings
- Customizable colors for entries, stops, and targets
- Adjustable line widths
- Clean interface with minimal distractions
Alert System
- Enable/disable all alerts globally
- Detailed alert messages with pip calculations
- Entry notifications (E1, E2)
- Target hit confirmations (TP1-TP6)
- Stop loss warnings
- Compatible with TradingView mobile alerts
Display Options
- Show/hide statistics table
- Performance tracking metrics
- Win rate monitoring
Target Hit Alerts:
- Individual notifications for each TP level
- Pip gain calculations
- Quick glance profit tracking
⚠️ Important Notes
- This indicator is for educational and informational purposes only
- Always practice proper risk management
- Past performance does not guarantee future results
- Combine with your own analysis and market understanding
- Test thoroughly on demo accounts before live trading
- Not financial advice - trade at your own risk
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact pandatradingt21 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact pandatradingt21 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.