MES Mean Reversion Entries with EMA Slope and Staged Exits
Summary
This strategy outlines long entries for the Micro E-mini S&P 500 futures contract on a 30-minute chart. It arms after the 9-period EMA or closing price reaches or falls below the 200-period simple moving average, then waits for the short EMA's slope to turn upward. Entry is sought in a dynamic retracement zone based on recent candle-pair highs and lows, with a momentum reclaim condition; if price is above the long average and momentum confirms, the script can enter without that retest.
The fixed position is divided among several profit targets, with break-even and then positive-profit stops applied as portions are closed. If the EMA slope turns down, the strategy cancels those orders and switches to a defensive exit using tracked price extremes and an ATR offset. The source and description specify rules, but provide no verified performance data; the author's favorable results are anecdotal. The dynamic zone, tracked extrema, and order behavior make implementation details important to validate before interpreting results.
Key ideas
- The setup arms when the short EMA or price reaches the 200-period average, then requires the short EMA slope to turn upward.
- Entries use a dynamic retracement zone and momentum confirmation, with an alternate entry above the long average.
- A fixed ten-contract position is allocated among staged profit targets.
- Stops move to break-even and then into profit as the position is reduced.
- A downward slope switches management to a defensive exit based on tracked extrema and ATR.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.