ST Pullback Candlestick Strategy, EMA Ribbon for BO Pullback Trading Strategy

Discover a pullback trading strategy using a custom candlestick indicator and EMA ribbon. Ideal for scalping and day trading on Forex, stocks, and crypto.

Published · Updated · Methodology: Technical Indicators

Part of: EMA Strategies

  • Methodology: Technical Indicators
  • Content type: strategy
  • Timeframes: Not specified (default settings for EMA ribbon work for scalping and day trading)
  • Markets: Forex trading, Stock trading, Crypto trading

Indicators used

  • ST Pullback Candlestick Strategy by Simple Trading Techniques
  • EMA Ribbon for BO by John Mann1
  • RSI
  • 50 period SMA

Source video

Decoded from: 2 FREE Tradingview Indicators Pullback Trading Strategy That Actually Works! by Trendline Project — watch the original

Key timestamps:

  • 0:00 - Introduction
  • 0:13 - Indicator 1: ST Pullback Candlestick Strategy
  • 0:40 - ST Pullback Candlestick Strategy: RSI calculations, color codes, arrows
  • 1:18 - Indicator 2: EMA Ribbon for BO by John Man 1
  • 1:54 - Strategy Rules & Settings
  • 2:24 - Modifications to ST PCS indicator
  • 2:50 - Long entry rules explained
  • 3:18 - Stop-loss and risk-reward ratio
  • 3:48 - Next Steps

Strategy overview

A pullback strategy waits for price to retrace inside an already established trend instead of chasing the initial move, and an EMA ribbon — several exponential moving averages plotted together as a band — is one of the most common ways to keep that trend visible while the retracement plays out. What sets this Trendline Project entry apart is not the concept but the sourcing: the setup is assembled entirely from two free, publicly published TradingView community scripts, each credited on screen to its author — the "ST Pullback Candlestick Strategy" by Simple Trading Techniques and the "EMA Ribbon for BO" by John Mann1.

The division of labour between them is the whole method. One indicator does the signalling work on the candles themselves; the ribbon sits behind it as the trend backdrop, and the video leaves it on its published defaults rather than tuning it. That choice also stands in for a timeframe: no chart interval is specified anywhere on record, only the author's remark that the ribbon's default configuration suits scalping and day trading. For a strategy built out of borrowed tools, the settings someone else shipped become part of the method by omission.

The running order is worth noting too. Across a chapter list that runs under three minutes, most of the time goes to introducing the two indicators; the rules-and-settings segment arrives near the end, and the video closes not on exits or risk management but on adjustments to how the first indicator displays. No rule set was extracted for this entry, so what this page holds is the component stack and its attribution — the title's claim that it "actually works" is the video's, with nothing on record here to test it against.

Topics

pullback trading strategy · ema ribbon strategy · candlestick strategy · tradingview strategy · forex strategy · stock trading · crypto trading · scalping strategy · day trading strategy · pine script · technical indicators · rsi strategy · sma strategy · momentum trading

Frequently asked questions

What is a pullback trading strategy?

A pullback strategy enters in the direction of an existing trend after price retraces part of a prior move, rather than entering on the breakout itself. The trade-off is a better entry level in exchange for the risk that the retracement is the start of a reversal.

What does an EMA ribbon do in a pullback setup?

An EMA ribbon plots several exponential moving averages of different lengths together, so the trend shows up as a band rather than a single line. In a pullback setup it usually serves as visual context — is the trend intact, and how deep has price pulled into the band — rather than as the entry signal itself.

Which indicators does this video use?

Two free TradingView community scripts, both credited to their authors: the "ST Pullback Candlestick Strategy" by Simple Trading Techniques, which handles the signalling on the candles, and the "EMA Ribbon for BO" by John Mann1, which supplies the trend backdrop.

What timeframe is this strategy meant for?

None is stated. The source only notes that the EMA ribbon's default settings are suitable for scalping and day trading, which is the closest thing to a timeframe on record — no specific chart interval was specified in the video.

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

Strategy Decoder catalogs 2,229 decoded strategies. Each one is extracted with confidence scoring, cross-linked to the indicators it uses, and kept up to date as new videos are processed daily. Load this page with JavaScript enabled to use the interactive tools, or start from the strategy explorer to filter by methodology, market and timeframe.

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