PROTECTED SOURCE SCRIPT

10/20MA pullback by Black200000

76
Original Multi-Timeframe Pullback Indicator with Real-Time Alerts (Closed Source)

This script is a unique, practical tool for identifying and visualizing pullback opportunities on stocks.
It’s specifically engineered to generate pullback alerts in real time even while you are viewing other timeframes—a feature rarely available in open-source alternatives.

• What makes this script unique?
- Specialized Pullback Logic (10/20 EMA):
The indicator detects valid pullbacks based on price interaction with the 10 or 20 EMA, with advanced logic that differentiates between:
1. Touch and close above the EMA
2. Touch and close below the EMA
3. Touch one EMA and close above the other (for advanced filtering)

- Multi-Timeframe Engine:
The script is optimized for both standard and non-standard timeframes (including 6m), and is capable of generating pullback alerts even if you are currently viewing a different timeframe chart (such as 1m, 15m, H1, or daily).
You will never miss a pullback signal just because you are on another chart timeframe.

- Clean, Non-Repetitive Visuals:
All signals are displayed on a single, dedicated reference line below price—never on every price bar—so your chart remains easy to read even when tracking multiple stocks.

- True Originality:
The logic, signal timing, and alert functionality are not adapted from any open-source code.
Real-time multi-timeframe pullback alerting is unique to this indicator.

• How the indicator works
- On every new bar, the script checks for custom pullback conditions using 10 and 20 EMA interactions, regardless of your current viewing timeframe.

- When your criteria are met, a visual marker is plotted and an alert is triggered in real time, ensuring you can act immediately—even if you’re reviewing the market from a different angle.

• Why closed source?
- The script’s logic, visual engine, and especially the cross-timeframe alerting mechanism are original, developed independently for active intraday traders.

- No part of the code is copied or replicated from open-source repositories.

- To maintain the uniqueness and effectiveness of the strategy, the script is published as closed source, in full compliance with TradingView’s House Rules.

• How to use
1. Add the indicator to any chart.
2. The script automatically monitors all interactions with the 10 and 20 EMA using advanced pullback logic.
3. Set your alert for pullback signals.
4. Trade or scan other timeframes with confidence, knowing you’ll be notified as soon as a pullback forms on your chosen anchor timeframe.

If you have questions about the logic or features, contact me via TradingView DM.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.