MES Retest Entries After a 200-Period Moving-Average Touch

Summary

This long-only strategy is designed for 30-minute S&P micro futures bars. It arms after the 9-period EMA or price reaches the 200-period SMA, then waits for the EMA slope to turn upward. Entry requires reclaiming momentum and either overlap with a calculated retest zone or, if that condition is absent, a close above the 200-period average. The zone uses tracked local candle lows and highs, with its upper boundary capped by the SMA in some regimes.

Position management scales out at fixed price distances from the average entry, then applies break-even or trailing stops as the position shrinks. If the EMA slope turns down, the script cancels those orders and switches to a defensive exit bounded by tracked structure and an ATR-based stop. The source specifies a fixed contract quantity and contains no backtest results. Its accompanying prose describes the retest differently from the code, so the entry-zone description is not fully consistent. The method also depends on a 30-minute timeframe and its tracked candle structures.

Key ideas

• A prior touch of the 200-period SMA arms the setup, and an upward turn in the 9-period EMA slope completes the trigger.
• Entries require reclaim momentum and either overlap with a dynamic retest zone or a close above the SMA.
• The strategy scales out at fixed price targets and adjusts protective exits as the position declines.
• A downward EMA slope cancels standard exits and activates a defensive stop based on tracked structure and ATR.
• The script is restricted to 30-minute bars, has no reported performance evidence, and its prose and code describe the retest differently.

Tags

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