How to detect PULLBACKS in Pine Script

🚩 My Socials & More Free Content: theartoftrading.com
🚩 FREE Pine Script Basics Course: courses.theartoftrading.com/c...
🚩 Pine Script Mastery Course: courses.theartoftrading.com/c...
🚩 My Indicators & Strategies Course (Steal My Code!): courses.theartoftrading.com/c...
🔷 Create your FREE TradingView Account: www.tradingview.com/gopro/?of...
LESSON SOURCE CODE: courses.theartoftrading.com/p...
----------------------------------------------------
Want to learn Pine Script? Look no further. I have you covered!
This lesson demonstrates how to detect high-quality trend-continuation pullbacks in price action using Pine Script code.
With over 16 years of coding experience and 5+ years of profitable trading experience, I specialize in TradingView's Pine Script programming language and I'm here to pass on everything I've learned about both trading and coding.
MORE RESOURCES:
🔷 My Blog & Socials: www.theartoftrading.com
🔷 My Free Indicators: zenandtheartoftrading.com/ind...
🔷 My Favorite Trading Books: zenandtheartoftrading.com/top...
🔷 My Favorite Trading Psychology Books: zenandtheartoftrading.com/tra...
🔷 My Trading Video Library: zenandtheartoftrading.com/vid...
🎤 The Art of Trading Podcast: thetradingpodcast.com/
If you want more information about who I am and what I do, head over to zenandtheartoftrading.com/about.
Educational Content Disclaimer:
The content provided in our videos, including all code, lessons, and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context. Any results from strategies or tools provided are hypothetical and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and are not suitable for all persons. Before making any trading decisions, please consult with a qualified professional to understand the risks involved. By using our materials, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
▼Timestamps▼
00:00 - Intro & Disclaimer
01:28 - Overview
03:36 - Importing Library & User Inputs
05:50 - Getting Indicator Values
07:00 - Calculating Stop Loss
09:30 - Detecting Pullbacks
17:40 - Drawing Signals, Stops & Targets
19:30 - Generating Alerts
21:13 - PineScriptMastery.com
#PineScript #TradingView #Trading

[@TheArtOfTrading]

🚩 LESSON SOURCE CODE: courses.theartoftrading.com/pages/how-to-detect-pullbacks-in-pine-script 🚩 My Socials & More Free Content: theartoftrading.com 🚩 FREE Pine Script Basics Course: courses.theartoftrading.com/courses/pine-script-basics-course 🚩 Pine Script Mastery Course: courses.theartoftrading.com/courses/pine-script-mastery 🚩 My Indicators & Strategies Course (Steal My Code!): courses.theartoftrading.com/courses/my-indicators 🔷 Create your FREE TradingView Account: www.tradingview.com/gopro/?offer_id=10&aff_id=15271

[@user-oj1pz4mv2y]

Such a useful video once again. You're the best PineScript tutor on KZbin. And a nice person to boot. Enjoy your holiday and rest well.

[@rohi443]

I love the approach of building each section one by one on the video. thank you

[@stupidbitcoin]

Thanks for updating your code. The WORST coders get praise for refusing to improve or update code. Code requires Six Sigma, or dont code it. I Like this video.

[@eitan71]

that's a really great video. i'm an algo-trading software developer, and i couldn't find the right rules for a pullback. you really helped me. Thank you!

[@roystoncartwright5640]

thank you hope you have a nice weekend 😊

[@Dr3amwave]

Thank you for the great tutorial and for sharing your knowledge!

[@user-zk3pr5hm6q]

Thanks for your efforts!

[@ThomasCollado]

Dude, your videos are great, you are always putting out so much quality content. Thank you.

[@carlofrancisco5256]

Just checked out your TV scripts, subbed!

[@rapterkingofthebrozone7490]

Any chance you could make a brief video on how switch statements work in pine script? I'm struggling to understand it from the written manual

[@marekdabrowski5799]

Love your work.

[@bayces5640]

thank you. Can you write a support and resistance indicator as an example?

[@Drawn_Cup]

Love the videos and the descriptions you earned a like and subscription with the top notch quality and love the honesty I had to quit smoking too for my Trading❤

[@50moving]

Great work

[@pradeepy3444]

Thank You

[@zhenzhen_zz]

Thanks!

[@sallywilson4487]

Thanks so much for this video and the indicator code. This is the exact Steven Hart strategy I had been trying code.

[@VuNguyen-pd1uq]

Many thanks

[@jasonn5196]

Thanks for all your great codes man. I have a question. I would like to know if I can explore a library of yours so I don’t have to rely on your library in my strategy… Thanks for sharing I guess. ❤

[@jasonn5196]

Also I am interested in projecting an atr Take profit level that is set at trade entry but its keeps moving.. or does something else weird. My maths is pretty average.

[@jasonn5196]

I also tried to update my trailing stop each time a new longcondition or short condition was met as if a new trade was entered or if it was in the contrary direction to the current position, to pull the trailing stop closer in case of reversal.

[@GreyFox474]

Hey Mathew, thank you for this. Your whole channel really! I have a question: Is it possible to use the strategy tester for a strategy with risk-based position sizing? For instance you always calculate an initial stop and based on the entry price and that stop calculate the position size in order to have a trade risk of 2% of your capital. Is it possible to have the strategy tester do that?

[@cem2075]

Thanks

[@amarsanaagalbadrah4144]

do you do entry only engulfing candle on 4h timeframe?

[@reylopez5337]

Is there a way to enter into a forex trade and then, set up a way to have it EXIT automatically, this would ofcourse follow exit rules including stoploss rules and eliminate emotional trading. Can it be done?

[@inLOVEwithPK]

New Art of Trading video is out! Liking first, watching second!

[@IamFluffY90]

Yes! Keeping it simple is always better. The rules should be able to fit into less than 100 lines of code IMO…

[@LittleTwinklestars]

You are genius

[@alienpips]

i realy have a big doubt. if my own script is unpiblished will it be safe in tradingview. will the tradingview employee will have access to my code. i dont want my startegy to be available to tradingview or admin level members in tradingview

[@SoothingRelaxation2m]

Hey one request, Can you please write a Intraday Stock Scanner pine script for Indian Stock market

[@BullBearTradingIndicator]

please make a video higher high lower low higher high lower low using ta.highest and ta.lowest or ta.pivothigh and ta.pivotlow

[@pranavreddy2777]

Sir make a cod for intraday

[@stupidbitcoin]

Rule2 was very helpful for me and my designs. Thank you very much sir.

[@terrorkiller645]

Question is your zen library open source for other ppl to use

[@Dennis-so1ur]

Hi Matthew @TheArtOfTrading, how to set alertcondition() for when price hit Stop Loss or Take Profit? I tried close

[@stupidbitcoin]

Someone applies this to the award winning Rob Hoffman Wick retracement, I use this method while improving PVSRA to a 12 stage signal.