EMA Pullback Scalping with RSI, Volume, and ATR Exits

Summary

This intraday strategy seeks pullbacks that resume an established short-term trend. For a long, the fast EMA must be above the slower EMA, price must satisfy an optional longer-term EMA filter, and the bar must dip to or below the fast EMA before closing back above it. The short setup mirrors these conditions. An RSI cross through a configurable threshold and volume above its moving average by a set multiplier provide additional confirmation; entries can be limited to regular US equity hours.

Exits combine ATR-based stop and target distances with an optional ATR trail. A bar-count time stop and session-end close are also available. The script describes itself as suited to very short chart intervals, but offers no backtest results or evidence that the filters improve outcomes. Its displayed assumptions include zero commission, so realistic transaction costs, slippage, and fill behavior need evaluation before interpreting any simulation.

Key ideas

• The strategy enters pullbacks that reclaim the fast EMA in the direction of the fast-versus-slow EMA trend.
• An optional long-term EMA filter, RSI threshold cross, and above-average volume qualify entries.
• ATR-based stops and targets can be supplemented by a trailing stop, a time limit, and a session close.
• The document gives rules but no performance evidence, and its zero-commission assumption may overstate results.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.