Ultimate Backdoor

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Ultimate Backdoor Indicator

EVERY MOVE STARTS with the ULTIMATE BACKDOOR



A customer favorite since its release, the Ultimate Backdoor Indicator turns our highly sought-after price action strategy into an intuitive, game-changing tool. More than just buy and sell arrows, it introduces dynamic Backdoor breakout lines, along with customizable alerts and dynamic stop placement.

This powerful indicator simplifies complex strategies while maximizing precision, making it an essential tool for mastering price action trading.

get it at UltimateScalper.com

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Notes de version

Ultimate Backdoor Indicator

EVERY MOVE STARTS with the ULTIMATE BACKDOOR

A customer favorite since its release, the Ultimate Backdoor Indicator turns our highly sought-after price action strategy into an intuitive, game-changing tool. More than just buy and sell arrows, it introduces dynamic Backdoor breakout lines, along with customizable alerts and dynamic stop placement.

This powerful indicator simplifies complex strategies while maximizing precision, making it an essential tool for mastering price action trading.

il y a 13 heures

Notes de version

The Ultimate Backdoor was released over 15 years ago as a price action strategy. I developed and have been using this strategy since 1990. A few years ago, I turned the strategy into a simple indicator (on other platforms) to help my clients better understand my system visually. It was an instant hit with my clients, hence, “a customer favorite since its release.” I have since had an overwhelming number of requests to make my indicator available on TradingView.

This is primarily a futures day scalping strategy that works best in high-volatility conditions. It was designed for small scalping moves. Many traders, including myself, use the system on ES, NQ, CL, GC, and YM futures.

Here’s a general idea of how to take trades using my Ultimate Backdoor Indicator:

• A small horizontal green line will appear above a candle on the chart, indicating that a BUY signal could be imminent. When price action breaks the high of the previous candle (where the green line is), the line will turn pink, signaling a BUY entry.
• For SELL signals, a horizontal red line appears below a candle. When price action breaks the low of the previous candle, the line turns pink, signaling a SELL entry.
• These horizontal lines are dynamic and will move to the most optimal position after the close of each candle.

The indicator also includes up and down arrows:

• When a green upward arrow appears on a forming candle, it signals a potential BUY opportunity. If that candle breaks the previous candle's high during formation, it confirms the BUY trigger.
• Similarly, a red downward arrow signals a potential SELL opportunity. If the candle with the red arrow breaks the previous candle's low during formation, it confirms the SELL trigger.
• Another trade entry is when price action breaks the high or low of the actual signal candle itself, in the direction of the arrow.
Note: When a horizontal line is broken in the same direction as an arrow, it becomes a favorable trade setup.

This covers the basics of the Ultimate Backdoor Indicator. More training will be provided with purchase.
I hope you enjoy this scalping indicator!

This is my first time adding an indicator script to TradingView, so I apologize for any rookie mistakes. Please excuse the first photo of the DIS daily chart—I was reviewing it just before publishing the script, and later realized I couldn’t delete or change it. See the Chart of NQ for a better idea of the indicator. I also wasn’t aware that the original or subsequent descriptions couldn’t be edited.
Thank you, and happy trading!