Pullback, Risk Manager & Flags indicator
Three smaller tools for planning trades: pullbacks in a trend, where your stop and targets sit in R, and flag patterns with their measured-move target.
Not sold separately: every Holdout indicator and both strategies come in one plan, $39 a month. See pricing or start with the free Session Levels Lite.
What it draws
Pullback signals
In an established trend (fast EMA above the slow one, or below for a downtrend), a bar that dips to the fast EMA and closes back on the trend side is marked. A cooldown keeps the signals from clustering.
Risk Manager
On each Core Trend flip it draws the entry, the stop at the trailing band, and targets at 1R, 2R, 3R and so on, or snapped to recent swing highs and lows. Choose how many targets and how far apart. Set Risk per trade $ and the entry label shows how many contracts keep a stop-out inside it, with the dollar risk on the stop and each target. If even one contract is too much it says so, and on NQ, ES, YM, RTY, CL or GC it shows how many micros fit.
Bull and bear flags
A steep, straight pole followed by a tight pullback that gives back no more than about half of it. A close beyond the pullback box confirms the flag and draws the measured-move target: the pole's height added to the breakout. A flag that is still forming is marked with ?.
Full feature list
- Pullback: a mark when price dips to the fast EMA in an established trend and closes back with it
- Pullback: optional EMA-slope check and a cooldown so signals don't cluster
- Risk Manager: entry, stop and targets drawn on every trend flip
- Risk Manager: targets at 1R, 2R, 3R and so on, or snapped to recent swing highs and lows
- Risk Manager: prices rounded to the instrument's tick size
- Risk Manager: position size for your dollar risk: enter what you're willing to lose per trade and it shows how many contracts fit the stop, plus each target in dollars
- Flags: a steep pole, a shallow pullback box, the breakout and a measured-move target
- Flags: a still-forming flag is marked with ‘?’ until it breaks out
- Optional alerts on pullbacks and flag breakouts, in NinjaTrader and on your phone
How it works
Pullback: in an uptrend (fast EMA above the slow one), a bar whose low reaches the fast EMA and that closes back above it is marked. Downtrends are the mirror.
Risk Manager: when the trend flips (the same engine as Core Trend) the entry is the flip bar's close and the stop the trailing band. Targets are multiples of that distance, which is how most traders set several take-profits.
Flags: a pole of at least four average bars in a strong straight line, then a tight pullback that gives back no more than about half of it. A close beyond the box confirms the flag; the target is the pole's height added to the breakout.
Good to know
- These are planning and context tools. Pullbacks and flags are continuation patterns, and in our tests they worked best taken with the bigger trend and at a level, not on their own.
Questions
Does the Risk Manager place orders?
How does the position size work?
Is there a ready-made chart setup?
All 14 Holdout tools, one plan
Pullback, Risk Manager & Flags plus every other indicator and both strategies for $39 / month or $349 / year, or $599 once.