MNQ One-Minute EMA Pullbacks During the New York Session

Summary

This scalping framework trades MNQ during the New York session, using a 20-period exponential moving average as both a trend filter and a pullback reference. A long setup requires price to close above the average after the bar reaches it; a short setup applies the reverse conditions below the average. Recent confirmed swing lows and highs define the stop locations, and position quantity is calculated from account equity, a risk percentage, and the distance to that swing level.

The script sets fixed risk-multiple targets and also includes partial exits with trailing stops. It specifies commission and slippage assumptions, but the document gives no backtest report or evidence of profitability. The listed risk sizing uses price distance without a visible MNQ contract point-value adjustment, and the exit prices reference the current close; these details may materially affect results and should be checked in the platform. The post author also expresses uncertainty about whether the AI-generated strategy is sound.

Key ideas

• The strategy enters on EMA pullbacks aligned with the direction of price relative to the average.
• It limits trading to the stated New York daytime session.
• Recent swing points set stops and feed a risk-based quantity calculation.
• Profit-taking combines fixed risk multiples with partial exits and trailing stops.
• The document supplies no performance evidence, and contract-value and order-price assumptions warrant scrutiny.

Tags

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