TS_PremiumPullback
The ultimate professional pullback signal indicator.
Visual clarity, precision signals, and real-time alerts.
Background Color Strategy
| Background Color | Meaning | Your Bias |
|---|---|---|
|
Light Green
|
Market is in a BULLISH uptrend | Look for BUY opportunities only |
|
Light Red/Coral
|
Market is in a BEARISH downtrend | Look for SELL opportunities only |
Golden Rule
"NEVER trade against the background color!"
Why Traders Love It
-
Visual Clarity Instant trend identification with background coloring.
-
Precision Signals High-probability pullback entries during defined trends.
-
Real-time Alerts Never miss a move with audio and visual notifications.
Best Practices
DO
Trade pullbacks to the mean when the background color matches your trade direction.
DON'T
Attempt to fade the trend or trade counter-trend when the background is strong.
How to Trade
Bullish Setup
- Wait for Green Background.
- Price pulls back (revisits value area).
- Signal arrow appears pointing UP.
- Confirm: Price breaks above signal bar high.
- Execute: Enter Long. Stop below recent swing low.
Bearish Setup
- Wait for Red Background.
- Price pulls back (revisits value area).
- Signal arrow appears pointing DOWN.
- Confirm: Price breaks below signal bar low.
- Execute: Enter Short. Stop above recent swing high.
Pro Tips
- • Confluence Stacking: Combine with VWAP or EMA clouds for higher win rates.
- • Timeframes: Works best on 5m/15m for Day Trading, or 1m for Scalping with caution.
- • Markets: Highly effective on NQ, ES, and CL futures.
Recommended Settings
- • Scalping: Faster sensitivity (Period: 14)
- • Day Trading: Standard settings (Period: 21)
- • Swing: Smoothed settings (Period: 50)
Refresher: Quick Start Guide
- 1. Download & Install via NinjaTrader 8.
- 2. Trial Active: Enjoy full features for 7 days.
- 3. After 7 days, purchase a license key to unlock.
- 4. Trade with the background color!