Pullback Factor Indicator – indicator that help you see Pullback
1 You need to trade with the trend. To identify the trend, use 20-day moving
average and 50-day moving average.
When the 20-day moving average is above 50-day moving average, the trend is up. And
so we’re only looking for long trades.
When the 20-day moving average is below the 50-day moving average, the trend is down.
And so we’re only looking for short trades.
2 . If the trend is up, enter a long trade when the Pullback Factor peaks at a level
above 1.5. Conversely, if the trend is down, enter a short trade when the Pullback Factor
peaks at a level above 1.5.
3 . Set your stop loss at the nearest support or resistance level. And your profit
target would be two times (or three times) your stop ….
– Pullback Factor Indicator
– Pullback Factor Indicator Manual (User-guide.PDF)
File type and requirements:
-This is a digital item! (Download link – zip file )
-You will Need: MetaTrader 4.0 platform.
– The files you’ll get is ZIP archive.
NOTE: Subscribe and receive email newsletters with new listings, special promotions, discounts: