OPEN-SOURCE SCRIPT
Stock Expansion Pullback Signal

Stock Expansion Pullback Signal
This indicator highlights pullback opportunities that occur after strong expansion candles confirmed by volatility and momentum.
Concept:
1. Expansion Detection:
Candle range exceeds ATR × multiplier
Strong body structure (momentum candle)
RSI confirms directional momentum
2. Pullback Phase:
Price retraces into:
EMA fast/slow zone
OR a defined VWAP proximity band
3. Signal:
A signal prints when pullback conditions occur within a configurable number of bars after the expansion.
Features:
• ATR-based expansion filter
• RSI momentum confirmation
• EMA structure context
• VWAP proximity detection
• Adjustable expansion validity window
• Alert-ready conditions
Notes:
Designed for intraday and swing environments.
Works across stocks, indices, crypto, and forex.
Signals are informational and do not guarantee outcomes.
Always forward test before live application.
This indicator highlights pullback opportunities that occur after strong expansion candles confirmed by volatility and momentum.
Concept:
1. Expansion Detection:
Candle range exceeds ATR × multiplier
Strong body structure (momentum candle)
RSI confirms directional momentum
2. Pullback Phase:
Price retraces into:
EMA fast/slow zone
OR a defined VWAP proximity band
3. Signal:
A signal prints when pullback conditions occur within a configurable number of bars after the expansion.
Features:
• ATR-based expansion filter
• RSI momentum confirmation
• EMA structure context
• VWAP proximity detection
• Adjustable expansion validity window
• Alert-ready conditions
Notes:
Designed for intraday and swing environments.
Works across stocks, indices, crypto, and forex.
Signals are informational and do not guarantee outcomes.
Always forward test before live application.
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这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。