PULL-BACK PANDA TRADING

Overview
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