PROTECTED SOURCE SCRIPT

TRADE ORBIT:PULL BACK STRATEGY

25
This indicator is designed to identify high-probability pull-back trading opportunities using multi-signal confirmation from momentum, trend strength, volume flow, volatility compression, and stochastic reversal.
It combines RSI–VWMA, OBV–VWMA, EMAs, VWAP, Bollinger Bands, Stochastics, Andean Oscillator, and Relative Bandwidth filtering into one unified framework.

✅ Core Logic
✅ 1) Momentum + Volume Confirmation


RSI(70) filtered by VWMA(200)


OBV filtered by VWMA(50)


📌 Bullish bias → RSI > VWMA & OBV > VWMA
📌 Bearish bias → RSI < VWMA & OBV < VWMA
Background color reflects directional bias:
🟩 Green → bullish
🟥 Red → bearish

✅ 2) Trend Structure via EMAs
Plots a long-term EMA ribbon:
5, 9, 15, 21, 34, 45, 55, 89, 144, 233
Helps visualize:


Trend direction


Pullback zones


Trend continuation areas



✅ 3) VWAP & Bollinger Bands


VWAP (mean price reference)


BB(21,2) for volatility
Used to monitor price expansion–contraction and reversion behavior.



✅ 4) Stochastic Reversal Signals (28,2,6)


BUY → %K cross above %D


SELL → %K cross below %D


OS/OB lines at 30 / 70


Plots triangle markers + alert conditions.

✅ 5) Andean Oscillator
Measures directional momentum imbalance:


Bullish when bull > bear


Bearish when bear > bull


Smoothed signal line used for cross confirmation.

✅ 6) Relative Bandwidth Filter
Evaluates volatility compression using three supported bands:


Bollinger Bands (BB)


Keltner Channels (KC)


Donchian Channels (DC)


Prevents signals during noisy ranges
and validates compression → expansion phases.

✅ 7) Pullback Entry Logic
Signals only when:
✔ Relative bandwidth is low
✔ Bullish Andean cross → Long
✔ Bearish Andean cross → Short
Only one of the latest 5 bars may produce a valid signal (noise filter).
Shows:
✅ "Long" label below bar
✅ "Short" label above bar
Includes alerts for:


Long


Short


Any signal



✅ Trading Concept
This system tries to capture trend-pullback-continuation setups:

“Search for strong trend → wait for pullback → confirm momentum + volume + volatility shift → enter.”

Works well on:


Trending markets


Mid-term continuation phases



✅ Best Timeframes
Recommended:


15M, 1H, 4H, Daily
(But usable everywhere)



✅ Use Cases
✔ Trend trading
✔ Swing trades
✔ Reversal support
✔ Pullback entries
✔ Expansion detection

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.