


Enable Alerts: enable MetaTrader 4 terminal alerts.Minimum Points for Breakout Confirmation: by how many points the price should exceed the support/resistance to be considered as a breakout.Breakout Level Expiration (After 3 touches) in Candles: expiration of support/resistance levels after their formation.Maximum Trend Noise in Points: by how many points can price get close to or exceed the trendline to be considered as a touch.Maximum Time Back In History (for filtering corrupt data): date and time to start drawing and analyzing hypothetical trades.Virtual TP Target: fixed take profit for the statistical analysis.

Minimum Profit: minimum points in green for a signal to be considered as positive (same as TP by default).Virtual SL Target: fixed stop loss for the statistical analysis.POSITIVE %: percentage of profitable signals.AVERAGE MOVE PIPS: average number of pips earned from profitable past signals.TOTAL PIPS: number of pips from all past signals.POSITIVE SIGNALS: number of profitable past signals.Exit from a buy trade: fixed stop loss and take profit levels.Exit from a sell trade: fixed stop loss and take profit levels.It can be used on any timeframe, for scalping or for long-term trading.īy analyzing the current trend, price levels such as support, resistance, price channels, applying user-defined filters to them and then displaying hypothetical trading performance, Pullback Entry lets you quickly select and verify the most effective approach for a particular market, unlike lagging or leading indicators it gives signals on actual pullbacks for a more accurate entry, after the price breaks through important levels, such as trend-lines, supports and resistances. It is possible to enable terminal alerts, email messages and push notifications. DOES NOT show false statistics - all trades are based strictly on fixed Stop Loss and Take Profit levels of your choice.Unlike some other indicators, Pullback Entry: The indicator instantly displays the trade statistics of up to 10,000 trades per instrument and clear entry signals using blue (buy) and red (sell) arrows. Pullback Entryis a very useful tool when trading on minor currencies, because it is able to exploit market inefficiencies that are present on non-major currency markets.
