Multi-Timeframe EMA Retests with Volume Confirmation

Summary

This strategy seeks entries on pullbacks to a fast EMA in the direction of a broader trend. It defines bullish and bearish retests using price's relationship to the 44-period and 200-period EMAs, then requires volume to exceed its 20-period average. Daily and four-hour price relative to a 200-period EMA must agree with the trade direction. Stops are placed beyond the retest candle with a small percentage buffer, and target levels are calculated as multiples of the initial risk.

The source calculates three target levels but the displayed exit orders use only the furthest target and the stop; it does not show partial exits at the nearer levels. It also calculates hourly and 15-minute trend states for a dashboard, although they do not gate entries. The document provides no market, backtest period, or performance evidence, so the strategy's effectiveness is unestablished. Its results would depend on execution, timeframe alignment, and whether the intended risk and exit logic are implemented consistently.

Key ideas

• The strategy enters on EMA retests aligned with daily and four-hour trend direction.
• A volume filter requires current volume to exceed its 20-period average.
• Stops use the retest candle extreme with a percentage buffer, and targets are expressed as risk multiples.
• The source calculates three target levels but only submits an exit at the furthest target.
• Hourly and 15-minute trends appear in the dashboard but do not affect the entry conditions.

Tags

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