NQ EMA Pullback Scalping with RSI Confirmation and ATR Exits

Summary

This Nasdaq futures scalping strategy looks for pullbacks toward a moving average while price remains on the trend side of that average. It confirms long signals with RSI above a bullish threshold and short signals with RSI below a bearish threshold. A percentage band around the moving average defines how close price must be, and an optional exchange-session filter restricts entries to regular trading hours. The strategy can enter long or short positions and does not pyramid.

Stops and profit targets are set at configurable ATR multiples from the average position price. An optional time exit closes trades after a specified number of bars. The code supplies explicit entry and exit rules that can be examined in a strategy tester, but the document reports no tested returns, costs beyond its stated zero-cost settings, or evidence of robustness. Real outcomes can vary with timeframe, contract specifications, execution costs, and parameter selection.

Key ideas

• The strategy filters direction using price relative to a moving average.
• RSI thresholds confirm momentum in the corresponding direction during pullbacks near the average.
• A configurable percentage band defines the pullback zone, and a session filter can limit trading hours.
• ATR multiples set stop losses and targets, while a bar-count rule can force a time exit.
• The source provides testable rules but reports no performance results or robustness analysis.

Tags

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