Discover 6 top pick indicators for Pullbacks
With our massive lineup of indicators, we completely understand how it can feel like navigating a MAZE to find the signal-generating indicators that perfectly match your needs. It might take some real sweat and perseverance, but we're here to help!
We'll hook you up with a short list of our best-selling indicators that provide pullback and reversal signals.
By the time you finish reading, we hope you'll find the indicator you've been looking for!
Multi-Osc OB/OS Overlap: The 3 popular oscillators (MFI, RSI, and Stochastic) create a rock-solid overlapped overbought/oversold zone. Moreover, reversal signals created by the indicator appear right after this zone, enhancing signal reliability compared to signals appearing within it.
Divergence Engine$ provides divergence reversal signals, and what makes it special is the freedom to compare price action with ANY oscillator of your choice for detecting divergences. Whether you prefer RSI, MACD, stochastic, CCI, etc, this indicator offers you the flexibility to identify valuable divergences.
StochRSI Pro takes a unique approach by using the RSI value as its input for generating reversal signals instead of relying on price data. This method greatly enhances the reliability of the reversal signals, as it leverages the derivative of the price that undergoes two rounds of screening.
Bollinger Reversal Pro employs a unique algorithm that selectively identifies reversal bars extending beyond the Bollinger Bands. These bars are strong signals of powerful trend reversals, ensuring a higher probability of sustained reversing moves. Its signals are extremely reliable in sideways markets.
Solar Wind comes packed with a range of awesome features. It goes beyond just offering a variety of signals to show different levels of pullback signals, including start, strengthening, and pullback. It also provides diverse trend signals that clearly convey the strength or weakness of the current trend.
Ruby River offers traders both trend and pullback signal identification. What makes it particularly appealing to many traders are its simple yet highly effective characteristics. A pullback is confirmed when the market retraces back into the river (verified by a close), and subsequently resumes its trend by moving out of the river again (verified by a close).