fvg_pullback is true when price ticks back into a previously
formed Fair Value Gap that hasn't been filled yet. The thesis: if
the FVG formed in an uptrend, the pullback into it is a long entry
opportunity.
Shape
{ "type": "fvg_pullback" }Usage
- Long entry on pullback into an unfilled bullish FVG.
- Short entry on pullback into an unfilled bearish FVG.
- Pair with
evaluate: on_tickif you want the pullback to fire the moment price touches the gap.
Pitfalls
- Pullbacks can fully fill the gap and keep going. A pullback entry needs a stop tight enough to fail if the gap fully fills.
- The engine's FVG definition may differ slightly from your manual chart reading. Inspect a few historical fires before deploying.