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Rider Algo

Strategies · Read the trend

Strategy #5 — Rider Band Retest PRO

Members

Plans the retest of the Rider Band after a trend change: limit entry, statistical stop and three profit zones.

Best on: 1D, 1W

Included in Full Strategy Access

Strategy #5 — Rider Band Retest PRO on a TradingView chart

What it does

Strategy #5 PRO waits for the Rider Band to change color and for price to break away from it, then plans the retest: a limit order at the edge of the band, a stop and three profit zones, all learned from the chart's own history. Think of a guide who has walked the same trail many times and tells you how deep the path usually dips and how far it usually goes.

How to read it

  1. ARMED means a setup is waiting: the limit price, the stop and the three profit zones are drawn to the right of the last candle before you place anything.
  2. WAITING means the setup is armed but price is still far from the band.
  3. When the retest candle closes, check its grade. A is the cleanest setup, B deserves more caution, and C means the retest failed on first contact.
  4. The plan takes partial profits at TP1 and TP2 and lets the rest run with a trailing stop.
  5. The results table shows how every past retest on this chart did, grade by grade.

When to use it

  • After a confirmed trend change, to join on the first pullback with a defined risk.
  • On daily and weekly charts, where the band changes color rarely and each retest carries weight.

When not to use it

  • In sideways markets where the band keeps flipping color.

How we tested it

The stop and profit zones mix the chart's own history with a reference measured on crypto, stocks, indices, gold, oil and forex. Every past retest is replayed with the levels the script would have shown at that moment, after fees.

Works well with