Trend Revisit Pullback Strategy (Final Working Box) by davidmdan
By davidmdan
Performance Metrics
- Author: davidmdan
- Symbol: BINANCE:BTCUSDT
- Timeframe: 15 minutes
- Net P&L: β371.64 USDT (β0.04%)
- Win Rate: 0.0%
- Profit Factor: 0
- Max Drawdown: 476.95 USDT (0.05%)
- Total Trades: 1
Description
π Trend Revisit Pullback StrategyThis TradingView Pine Script strategy identifies strong trend breakouts and accounts for natural pullbacks by:Entering long or short on strong 1-bar breakoutsAllowing for pullback averaging if price retraces after entryExpecting a revisit to the original entry price within 15 barsAutomatically exiting at break-even or using a custom TP/SLDrawing a visual trade zone (entry β SL β revisit window) for easy referenceOptional labels and color-coded boxes to track each tradeβs lifecycleIdeal for trend traders who anticipate a pullback and prefer to manage risk with break-even exits or reward-to-risk parameters.