The Pull-Back indicator uses RSI thresholds to flag favourable moments to join a trend after a retracement. A green arrow signals a likely bullish continuation; a red arrow signals a likely bearish continuation.
It’s a strong fit for swing and position traders working the hourly, daily, weekly and monthly timeframes, and it works for both long and short setups.
Specifications
- Platform: MetaTrader 5
- Pairs: Any
- Time-Frame: H1 – Monthly
- Broker: Deriv MT5
Key Features
- RSI-based pullback arrows
- Customisable thresholds
- Long & short trades
- Swing / position friendly