Description
MiniBull Logical Pro is a multi-timeframe trend and false-breakout indicator. It combines Monthly (MN1) and Weekly (W1) close-based trend confluence into one Main Trend (Bullish only above both last-closed MN1 and W1; Bearish only below both), then watches Daily (D1) high/low for false breakouts. When price breaks the previous D1 high or low and closes back inside the D1 range, it scans seven timeframes (M15, M30, H1, H4, H8, H12, D1) for a Moving Average reversal (SMA, EMA, or KAMA) inside an ATR touch zone, firing a BUY/SELL signal only if a timeframe confirms it and it does not fight the Main Trend. A live panel shows MN1/W1/Main trend, D1 levels/ATR, price position vs D1 range, the MA table, and current signal. A proximity warning flags when price nears the MN1/W1 level, since a flip may be close. "Confirm Only On Bar Close" removes repainting. Performs especially well on NAS100 (Nasdaq 100) M15, its original tuning target - fully configurable, works on any symbol/timeframe, live or backtest.
Summary
Upon detecting such a false breakout, MiniBull Logical Pro scans seven intraday timeframes (M15, M30, H1, H4, H8, H12, D1) for moving average reversals using SMA, EMA, or KAMA within an ATR-defined touch zone. It generates buy or sell signals only if a timeframe confirms the reversal and the signal aligns with the Main Trend direction. A live panel displays key information including MN1/W1/Main trend status, D1 levels and ATR, price position relative to the D1 range, moving average confirmations, and current signals. A proximity warning alerts users when price approaches MN1/W1 levels, indicating potential trend flips. The "Confirm Only On Bar Close" feature prevents repainting of signals.
Originally optimized for NAS100 on M15, MiniBull Logical Pro is fully configurable and applicable to any symbol or timeframe for both live trading and backtesting.
