PullbackShit

PullbackShit – Signals on M5

The PullbackShit indicator was designed for traders who seek objective entries in pullbacks on the 5-minute timeframe.
Based on the interaction between price and moving average, the indicator plots potential buy and sell points on the chart with clear visual arrows.

🔑 Key features:

• Validated pullbacks: generates a signal only when the price returns to the moving average and confirms the move.

• Clear and visual signals: green arrows (buy) and red arrows (sell) directly on the chart.

• Noise filter: prevents multiple signals in a row, improving reliability.

• Exclusive for M5: designed and optimized to work only on the 5-minute timeframe.

• Recommendation: It is not recommended to trade signals against the asset’s trend.
  
  

  IMPORTANT NOTICES!

  PullbackShit was developed for the Metatrader 5 platform with an extremely complex, precise, and sensitive analysis code, which is why it only works on the 5-minute chart.

  Usage Instructions:

  • Only on the 5-minute chart.

  • When adding the indicator, do not change the timeframe.

  • Leave the box "Allow modification of signal settings" unchecked.

  • If you want to observe a higher timeframe, open a new chart without the indicator.

  • Changing timeframes may cause reading errors and incorrect signal displays due to the code's complexity, sensitivity, and precision.

  After adding the indicator, it is recommended to restart the platform for market data re-reading.

  During high-impact news events, this indicator does not predict price direction. Just as technical analysis is not recommended during these times, neither is using this indicator to predict sudden high-impact fluctuations. Check an online economic calendar for news release times.

  Trade with the trend for best results. Counter-trend trades are high-risk and may generate false signals. Restarting the platform is crucial for data re-reading.

  Counter-Trend Signals Warning:
  If, after restarting the platform, a signal appears opposite to your current trade, analyze which aligns with the trend—your trade or the indicator’s signal. If your trade follows the trend, you may continue (accepting the stop-loss risk, which is normal within risk management) or close it immediately.

  Demo Account Recommended:
  Test the indicator in a demo account to select suitable assets, as each currency pair or asset has unique characteristics. PullbackShit provides signals but DOES NOT OPEN AUTOMATIC ORDERS—trading decisions are the user’s responsibility. Careful observation of assets and their post-signal behavior is essential.

  Connection Issues:
  If the platform disconnects, restart it fully (do not just log back in) to ensure accurate data re-reading.

  Risk Management:

  • Use stop-loss (SL): Place SL above the arrow for buys, below for sells. Adjust as new signals appear.

  • This is a suggestion to minimize losses and protect profits. Always apply risk management suited to your trading style and account balance.

  Entry Timing:
  You may enter a trade as soon as the signal appears or wait for a pullback—this is a personal decision based on chart analysis. The indicator is not responsible for gains or losses. Day trading is highly volatile; signals may last a full cycle or just moments (e.g., a late-cycle signal may yield brief profit opportunities). For best results, use the indicator on a clean chart.

  Not for Crypto Markets.

  As Uncle Ben from Spider-Man said: “With great power comes great responsibility.” Hence these usage warnings.

  PULLBACKSHIT WAS DEVELOPED FOR METATRADER 5 WITH AN EXTREMELY COMPLEX, PRECISE, AND SENSITIVE ANALYSIS CODE.