Shock Pullback Indicator - A True Breakthrough in Market Analysis
https://www.mql5.com/en/market/product/145042
The Shock Pullback Indicator is a genuine breakthrough in detecting pullbacks and accumulation zones. Built on a completely innovative algorithm, it empowers traders to identify trading opportunities, track price movements, and detect pullbacks, accumulation zones, gaps, and breakouts with ease and absolute clarity.
Key Features:
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Standard and Stepped Shock Pullback Lines: Provides two dynamic lines (standard and stepped) with interactive coloring (blue, green, red) to identify market trends, pullback zones, accumulation areas, gap beginnings and endings, and breakout opportunities.
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Dynamic Stepped Bands: Customizable upper and lower bands to track market volatility and pinpoint breakout points with high precision.
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Pullback, Accumulation, and Price Gap Detection: Displays pullbacks and price gaps with colored rectangles, with the option to color lines after gap closure, highlighting strong price movements.
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Pip Counter: Offers visual tracking of profits or losses in pips on the chart, with custom colors for profits (light green) and losses (yellow).
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Trading Logic: When a new blue line forms and a new pullback appears, the open trade is closed until the white pip counter—or a new color—appears. There is an option to keep the lines blue in all cases, without switching to green or red.
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Flexible Customization: Adjustable settings include the indicator period, band multiplier, line thickness, and the number of candles for breakout confirmation.
Suitable for Most Markets: Ideal for trading Gold and popular index markets—Dow Jones, S&P 500, Nasdaq, DAX, and others—as well as forex pairs such as EUR/USD, GBP/USD, USD/JPY, and many other strong pairs.
https://www.mql5.com/en/market/product/145042
