Popular tags: Support, Resistance, Trend, Range, Fibonacci, Wave, Divergence, Multi time frames(MTF), Swing, Volume, Overbought, Oversold
Customization and Conversion for: MetaTrader(MT4, MT5), Thinkorswim, NinjaTrader, MultiCharts, Tradingview, Prorealtime, SierraChart, etc.
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Trend Pullback Reversal TPR indicator for Tradingview 1 year license

Trend Pullback Reversal TPR indicator for Tradingview 1 year license
Trend Pullback Reversal TPR indicator for Tradingview 1 year license
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Price: $169.00USD $120.00USD

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This is a 1-year access license, please provide your Tradingview ID along with your payment.

The TPR(Trend Pullback Reversal) indicator forms a possible price trend with support and resistance lines.

It also comes with a unique band and center line as additional features.

The new feature of Trend Duration Table will show the following six data on chart.

  1. Longest Up-Trend: the max number of bars stay on up trend based on the current chart.
  2. Avg Up-Trend: the average number of bars stay on up trend based on the current chart.
  3. Latest Up-Trend: the number of bars stay on previous or current up trend.
  4. Longest Down-Trend: the max number of bars stay on down trend based on the current chart.
  5. Avg Down-Trend: the average number of bars stay on down trend based on the current chart.
  6. Latest Down-Trend: the number of bars stay on previous or current down trend.



TPR works on all timeframes and all symbols and all type of bar chart.

TPR never repaints.


Features and inputs:

  1. Show Trend Duration Table, option to show it on either left of right side of the chart.
  2. Period: number of bars used for calculations
  3. Show reverse dot
  4. Factor: Multiplier factor, small number for short trend(less than 2), large number for long trend
  5. Source: the input series, default is Close
  6. ShowBand: enable to show band and center line

Most trend indicators have a similar plot, the difference is where and when they change the direction. Unlike other trend indicators, TPR will focus on the main trend and filter out most minor price movements. The green cross-line represents an uptrend, the red cross-line represents a downtrend.

The additional band and center line may look like bollinger band, but the TPR band algorithm is completely different from bollingerband. There is no standard deviation in TPR band calculation. 

The TPR band gives a possible range of the TPR movement, if TPR is outside the band for many bars or far away from the band, it could be a sign of trend reversal. The orange and cyan dots give possible reversal signals.


If you are familiar with the Supertrend indicator, you may think the TPR is almost the same as Supertrend. In this case, you should read the following contents.

If only checking the line plot from both Supertrend and TPR, it's easier to notice that TPR may change trend earlier than supertrend, as shown in the charts below, but that's not the main difference between them.





The most important difference between TPR and supertrend is that TPR can be used as a support and resistance indicator as well, not just a trend indicator.

The following 2 charts have both TPR and supertrend. The solid line is from supertrend, the cross line is TPR.



As you can see, the line from TPR provides a very solid support and resistance level,
but supertrend is far away from the price bar which cannot be used as support and resistance level at all.



In short, if you only need a trend indicator, both TPR and Supertrend will do the job.

But if you also want it to provide support and resistance level, TPR definitely has its superior advantages.


Click the image to view in original size.


















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