Tethys Pullback Compass

Tethys Pullback Compass – Non-Repainting Pullback Signals for MT5

Tethys Pullback Compass is a MetaTrader 5 indicator designed to identify potential bullish and bearish trend-continuation setups after a pullback.

Instead of chasing extended moves, Tethys waits for price to retrace and evaluates multiple conditions before displaying a signal.

Trend → Pullback → Confirmation → Signal

100% Non-Repainting Closed-Bar Signals

Signals are confirmed only after the candle has closed.

Once a signal is confirmed under unchanged settings, the arrow:

  • Does not disappear later
  • Does not move to another candle
  • Does not change because of future price action

This provides stable historical signals for clear chart review.

Signal Meaning

Green Arrow – Potential bullish continuation setup.

Red Arrow – Potential bearish continuation setup.

No Arrow – The required conditions did not align.

Tethys is designed to be selective rather than fill the chart with unnecessary signals.

Main Features

  • 100% non-repainting confirmed arrows
  • Closed-candle signal logic
  • Bullish and bearish continuation setups
  • Trend and pullback analysis
  • Adjustable Fibonacci retracement controls
  • Trend-health filtering
  • Anti-range / choppy-market filtering
  • Adjustable confirmation and signal cooldown
  • Historical arrows directly on the chart
  • Optional MT5 popup alerts
  • Works on MetaTrader 5 symbols and timeframes

Built for Pullback Traders

Tethys focuses on one simple idea:

Do not chase the move. Wait for the pullback. Wait for confirmation.

The indicator evaluates directional context, retracement quality, market conditions and completed-candle confirmation before a setup can qualify.

Important

Tethys Pullback Compass is a technical indicator, not an Expert Advisor.

It does not open, close or manage trades. It does not calculate position size, stop loss, take profit or account risk.

Changing indicator settings can change which historical setups qualify. This is normal recalculation using the new configuration and is different from a confirmed signal repainting under unchanged settings.

Signals are analytical prompts and do not guarantee profitable trades. Test the indicator on the exact symbol, timeframe and broker data you intend to use.

Tethys Pullback Compass

Follow the trend.
Wait for the pullback.
Demand confirmation.

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