YMI Indicator · TradingView
YMI scans stocks and ETFs for deep pullbacks where downside momentum has begun to turn, marks qualifying setups in TradingView, and delivers a focused daily shortlist for your review.
Apply one repeatable process across a broad universe of stocks and ETFs instead of checking charts one by one.
Review the TradingView signals and daily Discord post to see which symbols currently meet the setup criteria.
Match the signal to the intended holding period, define risk and invalidation, then decide whether to act.
What the product does
The indicator looks for stocks and ETFs trading well below a prior high and below their long-term trend, then waits for downside momentum to stop weakening and turn upward. Deeper pullbacks receive a higher tier. Members see qualifying setups in TradingView and use the daily Discord list to move from market-wide scanning to a manageable group of candidates.
A qualifying long setup appears on the TradingView chart with a pullback tier. The signal answers, "Which beaten-down charts are showing a rules-based momentum turn?" The trader still answers, "Is the underlying asset investable, does this fit my timeframe and portfolio, and where is my risk limit?"
Reduce scanning time, standardize setup selection, and create a repeatable starting point for stock and ETF research.
Place orders, size positions, remove downside, or turn every signal into a trade.
One signal family, two delivery layers
Both versions belong to the same long-only pullback family. The original TradingView logic visualizes the setup and its depth tier; the current scanner applies the production rules across the supported universe and adds filtering and ranking for the daily research queue.
YMI 1.0
Built for daily stock and ETF charts, YMI 1.0 combines pullback depth, long-term trend context, and a confirmed momentum turn. It waits for weakness to persist before marking a qualifying long setup, helping investors avoid treating every decline as an entry.
Benefit: a visible, repeatable TradingView signal that separates setups by pullback depth.
YMI 2.0
YMI 2.0 carries the core long-only pullback setup into the current production scanner. It applies additional eligibility and quality controls, then ranks qualifying symbols for the daily research queue so members can start with a smaller, more relevant list.
Failure regime: a damaged business, prolonged bear trend, gap, news shock, or liquidity problem can keep falling after a valid momentum turn. A signal identifies a historical pattern and review candidate; it does not make the asset sound or predict a recovery.
Benefit: less symbol-by-symbol searching and a consistent way to prioritize qualified long setups.
Historical research examples
Compare how the same pullback-and-momentum framework identified qualifying setups across different stocks and market cycles.
Historical backtests · Full assumptions and limitations in Risk Disclosure
YMI Indicator is included with Pro Trader and provisioned through the member's TradingView username. It gives members chart signals and a daily Discord research shortlist without requiring the NinjaTrader automation setup used by the bot library.
| Product | Primary use | Trader's role |
|---|---|---|
| YMI 1.0 | Long-only daily-chart setups for investing and longer holds | Review, plan, size, and execute |
| YMI 2.0 | Production-filtered long setups for daily prioritization | Review, plan, size, and execute |
| Daily Discord signals | Curated symbols to open and evaluate in TradingView | Treat each post as research, not an order |
| Pro access | TradingView username provisioning plus member instructions | Confirm the invite before relying on access |
Versions, signal delivery, platform boundaries, evidence, and access.
Get the TradingView indicator and daily research shortlist with Pro Trader access.
