MNQ Trend Continuation with EMA Pullbacks and Breakdown Shorts

Summary

This excerpt describes a five-minute MNQ futures strategy that combines EMA trend direction with pullback entries. It classifies trend using a fast EMA and a slower EMA, then looks for price to touch or cross the fast average and close back on the trend side. Long entries also require a rising fast EMA and a rising ATR; short pullbacks require a falling EMA slope, with the ATR filter optionally relaxed. A separate short setup seeks a close below a recent low while the EMA trend and slope point downward, optionally requiring a bearish candle.

The visible controls include regular-hours trading, flattening at the session end, a post-exit cooldown, and selectable exit modes with ATR-based parameters. However, the supplied source cuts off during the exit settings, so the actual order management and complete strategy rules cannot be assessed here. The document provides no performance report or test results. Its filters and settings are design choices, not evidence that the strategy is profitable or robust.

Key ideas

• The strategy uses fast and slow EMAs to define trend direction.
• Pullback entries require price to reclaim or reject the fast EMA in line with trend.
• A recent-low breakdown provides an additional short entry pattern.
• Session limits, cooldowns, ATR filters, and selectable exits are included in the visible design.
• The excerpt is incomplete and supplies no evidence of trading performance.

Tags

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