MNQ One-Minute EMA Pullback Scalping with Swing-Based Risk

Summary

This strategy script targets Micro E-mini Nasdaq futures during the New York session. It uses a 20-period exponential moving average as a directional filter: a long setup occurs when price closes above the average after touching it, and a short setup occurs when price closes below it after reaching it. Recent pivot highs and lows define the reference stop levels, while position quantity is calculated from account equity and the distance to that stop.

The exits combine fixed risk-multiple profit targets with a partial exit and trailing stop. The script specifies commission and slippage assumptions, but the document provides no strategy report or performance evidence. The author’s accompanying note is uncertain about whether the AI-generated strategy is sound. Its session filter, sizing calculation, pivot availability, and exit behavior would need careful review and testing before the reported rules could be relied on.

Key ideas

• The strategy filters one-minute entries by price position relative to an exponential moving average during the New York session.
• It enters after price touches the moving average and closes on the filtered side.
• Recent pivot lows or highs set stop references and determine position size from a fixed equity risk fraction.
• Exits include risk-multiple targets, a partial close, and a trailing stop.
• The document supplies no results establishing performance or reliability.

Tags

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