OPEN-SOURCE SCRIPT

FDF – Step 4 (Touch-21 + Trend/VWAP + Channel + Prev75% toggle)

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FDF — EMAs + VWAP Retest Entry System (A++ Signal Mode Compatible)
This indicator is designed for traders who follow a structured pullback and continuation entry method using the 9 EMA, 21 EMA, and VWAP as trend and momentum guides.

The system highlights high-probability retest entries when price pulls back into the EMA channel and shows strength in the direction of trend. It also includes optional A++ wick filters for traders who want to refine entries only to the strongest momentum candles.

Core Logic

A trade setup is identified when:

Trend is defined by the EMA alignment
 • Long bias when EMA9 > EMA21
 • Short bias when EMA9 < EMA21

Price retests the 21 EMA
 • The candle must touch or cross the 21 EMA
 • Designed to time pullbacks, not breakouts

Entry Confirmation
 • Candle closes back in channel or breaks away in the trend direction
 • Optional requirement: price must be on the correct side of VWAP for intraday trend alignment

A++ Wick Filter Mode (Optional)

Enable this mode to restrict entries to only high-dominance candles:

Dominant wick must exceed the opposing wick by a chosen percentage

Opposing wick can optionally be limited to a % of body size

Helps avoid weak, indecisive, or absorption candles

This mode is optional — turn it off to allow standard FDF entries.

Signals

When conditions are met, the script plots:

Green Triangle → Long entry signal

Red Triangle → Short entry signal

(Entries are plotted only after candle close to avoid repainting.)

Best Use

• Works on 5m / 15m / 1H intraday trend structures
• Pairs well with market structure + liquidity zones
• Designed for disciplined traders who wait for trend alignment and controlled pullbacks

Disclaimer

This tool is provided for educational and research purposes only.
It is not financial advice. Always test your setup and manage risk appropriately.

Haftungsausschluss

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