VWAP Pullback System Restrictive Alerts

# VWAP Pullback System

A mechanical mean-reversion indicator for futures scalping (MNQ/NQ, 5-min chart). Signals fire only when **all 5 conditions** are met simultaneously.

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## Entry Conditions (ALL must be true)

**Long:** Price above VWAP → pulls back within X points → bullish candle close → volume below 20-SMA → within trading window

**Short:** Mirror opposite — price below VWAP, rallies back, bearish close, low volume, valid window.

### ADX Regime Filter (15-Min)
- **ADX < 25** → RANGING — signals enabled
- **ADX 25–35** → CAUTION — signals fire but lower confidence
- **ADX ≥ 35** → TRENDING — signals disabled

### Signal Grading
- **A+** — All conditions + ADX < 20 + EMA 9/21 aligned + within 5 pts of VWAP
- **A** — All conditions + ADX < 25 + EMA aligned
- **B** — All conditions + ADX < 25, no EMA alignment
- **C** — All conditions + ADX in caution zone

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## Visuals
- VWAP (blue) with 1σ / 2σ standard deviation bands
- EMA 9/21 cloud (green = bullish, red = bearish)
- Signal arrows with grade labels (A+, A, B, C)
- Entry/stop/target dashed lines (auto-cleanup after 20 bars)
- Trading window background shading (green = valid, red = lunch chop zone)
- Volume-based bar coloring

## Dashboard (Top Right)
- Market regime + ADX value
- Live 5-condition checklist — watch setups build before they trigger
- Risk levels: stop, targets, R:R ratio, signal grade
- Daily signal counter

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## ⚠️ Important: TPs and SLs Are Loose Targets

The stop loss and target levels shown on the chart (VWAP ± buffer, 1σ/2σ bands) are **reference levels, not hard exits.** They give you a framework, but you should adjust based on the price action leading into the signal. A clean pullback on declining volume into a key level deserves a tighter stop and more ambitious target. A choppy, indecisive setup warrants a wider stop or a quicker exit at T1. Use the levels as a starting point — your read on context and momentum should determine the actual trade management.

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## Defaults (MNQ 5-Min)
Pullback distance: 10 pts · Stop buffer: 15 pts · T1: 1σ band · T2: 2σ band · Morning: 8:45–10:00 CT · Afternoon: 1:00–2:10 CT · Max signals/day: 4. All adjustable.

## Alerts
A+ Long/Short · A Long/Short · Any Signal · Regime Change

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*PineScript v6. Non-repainting HTF ADX. Signal deduplication built in. This indicator generates signals — it does not place trades.*