BOTS
PULLBACK BOT
CrowdSent
Pullback Bot
An automated MT5 trend-following strategy that looks for entries on healthy retracements within a broader market trend.
Learn about this bot here. Set it up and use it in the CrowdSent dashboard.
How it Works
The best time to join a trend is after a temporary dip. The Pullback Bot waits for these high-probability entries, ensuring you don’t ‘chase’ the market at its highs.
Trend Direction Filter
Uses a Slow EMA to determine the dominant market trend, only allowing the bot to buy in an uptrend or sell in a downtrend.
Fast EMA Pullback Target
Monitors for price to retracing back to a Fast EMA 'Value Area,' looking for signs of support or resistance before entry.
Built-in Risk Management
Includes automated Stop Loss, Take Profit, Break-even, and Trailing Stop features to protect capital dynamically.
Pullback Engine
Trend: Price > Slow EMA. Retracement: Price touches Fast EMA. Confirmation: RSI Reversal.
around this bot
Your CrowdSent Agent helps you get more out of this bot. Use the Agent to help configure the bot, adjust its settings and connect it with other relevant parts of your CrowdSent environment.
The Agent can bring together market data, sentiment, alerts and bot functionality to support a more personalised workflow.
- Ask the Agent questions about the bot
- Learn more about fine-tuning the bot
- Get help setting up and configuring the bot
- Review and interpret backtest results
- Get recommendations for improving your settings
- Work with the Agent to optimise the bot for better results
“The bot performs a specific function. The Agent helps you put it to work.”
FAQ & Next Steps
What happens if the trend reverses?
The Slow EMA trend filter is designed to keep the bot out of trades when the primary trend shifts. Stop losses are also in place to manage risk.
Is the bot active 24/7?
Yes, as long as your terminal is running and the market is open, the bot will scan for valid pullback setups.
Join the Trend
Setup the Pullback Bot today.