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.
New Update Shock Pullback V 3.0:
A radical and comprehensive update to make the indicator Shock Pullback a fully integrated analysis system.
1- Added two movement lines to detect and display upper and lower pullback gaps in an accurate and innovative way – with the ability to control the gap colors or hide them.
2- Added an arrow when an upper pullback gap or a lower pullback gap is confirmed. The beginning of this zone is marked with a Bidirectional Arrow in yellow, with the option to change the color or hide the arrow.
3- The blue chart path line, the green upward line, and the red downward line have been hidden to avoid misleading fast chart movements while maintaining the overall understanding of chart flow. These can be re-enabled from the color settings in the control panel.
4- Pip number movements have also been hidden for the same reason, with the option to show or hide them from the control panel.
5- Added a ZigZag helper analysis function to detect waves and potential pullbacks.
6- Added an upper rectangle and a lower rectangle in the ZigZag pullback area, displaying the pullback price for the last two points.
7- Added a helper analysis function to search for and detect flag and pennant patterns, with customizable line colors and the option to show or hide the patterns.
Shock Pullback V 3.0:
https://www.mql5.com/en/market/product/145042
- It is recommended to use the Shock Pullback indicator together with the SULEIMAN LEVEL indicator for a more comprehensive analysis and view levels, trend lines, supports, and more:
