The Trading Channel (EAP Course) - Pullback Indicator 1.0 — Strategy by RodRitter

I've recently subscribed to TTC's EAP course and created this script to help me.

This is a script to assist with backtesting the strategy outlined in the course. It follows the 5 basic rules of entry.

Release Notes:

Updated Pullback indicator for The Trading Channel EAP Course

There is much clearer signals and improved and organized code

Release Notes:

Added strategy orders to see performance of chart history

Note #1 - ATR hasnt been added to TP & SL yet
Note #2 - These signals dont take into account retracement level, so verification is required on that front

Release Notes:

- Added risk factor variable to test different strategies
- I've added checkbox options to ignore either buy or sell signals

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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