Ichiyoshi Trend Pullback Framework for MT5

A decision-support indicator that organizes the “Holy Grail” trend–pullback framework by Linda Bradford Raschke into clear 6-line labels and context warnings. Designed for discretionary trading; it does not open or manage trades.

Overview
Ichiyoshi Trend Pullback Framework is a decision-support indicator for MetaTrader 5 built around the “Holy Grail” trend–pullback concept associated with Linda Bradford Raschke. It helps discretionary traders apply a consistent workflow: identify a directional environment, wait for a controlled pullback, look for confirmation, and evaluate context before planning risk.

What it is

• An indicator that provides on-chart labels, context tags, and optional alerts.
• A checklist-style overlay designed to support manual decision making.

What it is not

• Not an Expert Advisor (EA). It does not open, modify, or close trades.
• Not a profit promise. No results are guaranteed.

On-chart components

• A compact 6-line label block summarizing setup state, checklist alignment, and context tags.
• Visual observation and pullback guidance to reduce chart noise.
• Optional user-controlled alerts to prompt chart review (not auto-execution).

Stability principle
The framework is designed to evaluate on closed candles to keep label behavior stable after a bar closes. The current forming candle can change until it closes.

Important note
Trading involves risk. This indicator is a decision-support tool and does not replace risk management, execution skill, or broker/spread considerations.

• 6-line on-chart labels summarizing setup state, checklist alignment, and context tags
• Context states: Allow / Caution / Block with short Reasons tags
• Visual observation and pullback guidance to reduce noise
• Confirm-candle note to support timing discipline
• Optional user-controlled filters without exposing internal formulas
• Optional user-controlled alerts to prompt chart review (not auto-execution)
• Closed-bar evaluation design for stable label behavior after candle close
• Encourages discipline: fewer, clearer setups instead of impulsive entries
• Converts a multi-step workflow into a fast, readable checklist
• Promotes waiting for confirmation and respecting stand-aside conditions
• Adds context awareness to avoid low-clarity environments
• Keeps decisions and risk management with the trader (not a black-box auto system) 
  1. Attach indicator
  • MetaTrader 5: Navigator → Indicators → attach to a chart
  • Start with default inputs before customizing
  2. Choose timeframe
  • Begin with an intraday timeframe that matches your style (commonly M5 or M15)
  • Stay consistent on one symbol/session first
  3. Read the 6-line labels
  • Use the label block as your primary decision panel
  • Treat it as a checklist, not a prediction tool
  4. Holy Grail workflow (Linda Raschke style)
  • Trend: confirm a directional environment
  • Pullback: wait for a controlled retracement (do not chase)
  • Confirm: wait for a confirm-candle note / confirmation behavior
  • Context: respect Allow/Caution/Block and Reasons before acting
  5. Risk management reminder
     This framework does not replace risk management. Define position size, stop logic, and maximum daily risk according to your plan. Test on a demo account first. 

  6. ICHIYOSHI
     Overall setup state and readiness score. This score reflects checklist completion, not a win rate.

     Yoshi
     Items currently aligned with the trend–pullback workflow.

     Dame
     Missing or blocking items. When Dame is present, the default action is to wait.

     Candle
     Confirm-candle note to support timing discipline.

     Context Allow / Caution / Block to reflect the current environment quality.

     Reasons Short tags explaining why Context is Caution or Block. 
  7. FAQ 

     Q1: Does it repaint?
     A: The framework is designed for closed-bar evaluation to keep labels stable after a candle closes. The current forming candle can change until it closes.

     Q2: Does it trade automatically (EA)?
     A: No. This is an indicator for decision support. It does not open, manage, or close trades.

     Q3: Does it guarantee profit?
     A: No. No profit is promised or guaranteed. Trading involves risk.

     Q4: What is the best timeframe?
     A: It depends on the instrument and your style. Many users start with M5 or M15 for intraday trend–pullback workflows.

     Q5: Why do signals or alerts sometimes appear missing?
     A: The framework is selective by design and depends on market conditions. Alerts are optional and trigger only when conditions align.

     Q6: What does Context = Block mean?
     A: The environment is unfavorable for a clean setup. Standing aside is the default decision.

     Q7: Is it beginner friendly?
     A: It can help beginners follow a checklist, but it still requires basic chart reading and risk management. Use demo first.

     Q8: What does the readiness score mean?
     A: It is a checklist completion score, not a probability of profit. 

  8. Risk Disclaimer
     Trading involves risk. Past behavior and historical examples do not guarantee future results.

     No Profit Guarantee
     This product does not promise or guarantee profits. Outcomes depend on market conditions, execution, and the trader’s risk management.

     Decision-Support Only
     This is a decision-support indicator. It does not open, modify, or close trades and should not be treated as an automated trading system.

     Demo First
     Please test the product on a demo account before using it on a live account. Adjust usage to your broker’s spread and trading sessions.