Emilis Strimaitis / Vendedor

Pullback Viewer is designed to show valid pullback points in a   bearish   or   bullish trend. What is considered a valid pullback? A valid pullback needs to have a body close outside the previous candle high (in a   bearish trend ) or previous candle low (in a   bullish trend ). If the candle wicks out the previous candle, it's not a valid pullback. Pullback must liquidate the previous candle with a clean candle body close. When is this indicator useful? It's useful to under