Smart Scanners › Ours, measured
Pullback depth
A correction has reached a depth at which we know the historical resumption odds. It fires at the moment price first trades through that depth.
What it looks like on a chart
A mark under the bar. No level — the depth is a property of the move, not a price to draw.
| Timeframe | Bars of history it reads | Settings | Events, last 30 days |
|---|---|---|---|
| H1 | 1500 | theta = 8.0x median relative true range on this instrument's train half (0.0196); a correction counts past 0.25 theta | 243 |
Not on M15, M30, H4, D1. It quotes a depth curve measured on H1, and the same applies.
Related scanners
- Reach threshold distance travelled from the session open, where this measures depth given back
- Structure break the swing break that ends the leg a pullback is measured inside