Micro Pullback Entry System

Micro Pullback Entry System - Quick Reference
The Pattern
▲ ENTRY (first green to break high)
│
┌──┴───┐
│ 1-3 │ ← PULLBACK (red candles)
│ red │ Stop = Low of this zone
└──────┘
│
┌──┴───┐
│ 3+ │ ← THE MOVE (green candles)
│green │ Strong momentum
└──────┘

Pattern Checklist
Requirement: Why It Matters
3+ green candlesConfirms momentum
1-3 red pullback Brief = momentum intact< 50% retracementShallow = buyers in controlVolume on entryConfirms breakout Above EMA Trend support

Status Flow
Scanning... → 📈 TRENDING → 👀 WATCHING → ⏳ FORMING → 🎯 ENTRY!
StatusMeaningActionScanningLooking for setupWait📈 TRENDINGGreen streak buildingMonitor👀 WATCHINGPullback startedPrepare⏳ FORMINGValid pullback readyGet ready!🎯 ENTRY!Signal triggeredExecute

Entry/Stop/Target
LevelLine ColorHow to SetEntryLime solidClose of signal candleStopRed dashedLow of pullbackTarget 1Aqua dottedEntry + (2 × Risk)Target 2Yellow dottedEntry + (3 × Risk)
Example
Entry: $5.00
Stop: $4.80
Risk: $0.20

Target 1 (2R): $5.00 + $0.40 = $5.40
Target 2 (3R): $5.00 + $0.60 = $5.60

Quality Grades
GradeScoreActionA+5/5 ✓Best setup - full sizeA4/5 ✓Good setup - standard sizeB3/5 ✓Average - reduced sizeC2/5 ✓Weak - skip or tiny size
Scoring Factors

✓ Green streak met minimum
✓ Pullback length valid (1-3)
✓ Retracement shallow (<50%)
✓ Volume confirmed
✓ Above EMA


Trade Execution
Entry

Wait for "⏳ FORMING" status
Watch for green candle forming
Entry triggers when green candle closes above pullback high
Enter at market or small limit above current price

Stop Loss

Set at pullback low (red dashed line)
Non-negotiable - this is your max risk

Trade Management

If no immediate follow-through → exit early
Take 50% off at Target 1 (aqua line)
Move stop to breakeven
Let remainder run to Target 2


Settings Guide
Default (Recommended)
Min Green Candles: 3
Min Pullback: 1
Max Pullback: 3
Max Retracement: 50%
Volume Multiplier: 1.2x
EMA Filter: ON (20)
Conservative (Fewer, Better)
Min Green Candles: 4
Min Pullback: 2
Max Pullback: 3
Max Retracement: 40%
Volume Multiplier: 1.5x
EMA Filter: ON (20)
Aggressive (More Signals)
Min Green Candles: 2
Min Pullback: 1
Max Pullback: 4
Max Retracement: 60%
Volume Multiplier: 1.0x
EMA Filter: OFF

Common Mistakes
❌ Entering before signal

Wait for green triangle
"FORMING" ≠ "ENTRY"

❌ Wide stop

Stop must be at pullback low
If too wide, skip the trade

❌ Ignoring volume

Low volume entries fail more often
Look for ✓ in volume row

❌ Fighting trend

Check EMA status
Should show "Above ✓"

❌ Chasing after entry

If you miss entry by 3+ candles, wait for next setup
Don't chase extended moves


Best Setups
A+ Quality Setup ✓

4-5 green candles (strong move)
2 candle pullback (brief)
25-35% retracement (shallow)
2x+ volume on entry
Well above EMA
Stock already up 5%+ on day

Avoid These ✗

Only 2 green candles
4+ candle pullback (losing momentum)
50%+ retracement (too deep)
Below average volume
Below or at EMA
Against market direction


Timeframe Guide
TFSignalsQualityBest For1mMostLowerScalping5mBalancedGoodDay trading15mFewestHigherSwing entries

Quick Decision Tree
1. Status showing "FORMING"?
NO → Wait
YES → Continue

2. Quality grade A or better?
NO → Skip or small size
YES → Continue

3. Volume confirmed (✓)?
NO → Caution, reduce size
YES → Continue

4. Above EMA (✓)?
NO → Skip
YES → Continue

5. Risk acceptable? (Stop not too wide)
NO → Skip
YES → TAKE THE TRADE

Alert Setup
Essential Alert
"Micro Pullback Entry" - Main signal
How to Set

Right-click chart → Add Alert
Condition: Micro Pullback Entry System
Select "Micro Pullback Entry"
Set notification preferences


Combining with Other Indicators
IndicatorHow to Use5 PillarsFind stocks meeting criteria firstGap & GoLook for micro pullbacks after gap breakoutsR2G TrackerConfirm stock is green before enteringFloat RotationHigh rotation + micro pullback = best setupsBull FlagMicro pullback is a "mini" bull flag

Example Trade
Stock: XYZ
Pre-market: Gapped up 15%

9:35 - 9:38: 4 green candles (move from $4.50 to $5.00)
9:39 - 9:40: 2 red candles (pullback to $4.85)
9:41: Green candle breaks $4.90 (pullback high)

ENTRY: $4.92
STOP: $4.82 (pullback low)
RISK: $0.10

TARGET 1: $5.12 (+$0.20 = 2R)
TARGET 2: $5.22 (+$0.30 = 3R)

Result: Hit Target 2 by 9:55 → +$0.30 per share

Key Takeaways

Micro = 1-3 candles - Brief pullback
Entry = First green to break high - Specific trigger
Stop = Pullback low - Tight risk
Quality matters - Focus on A/A+ setups
Breakout or bailout - Exit if no follow-through