tmcmillan99

BuySellReversalEntry

tmcmillan99 Updated   
Strategy:
15min timeframe
Trading hours: 9:30 EST - 2:15 EST

Buy/Long-
Down bar
Up bar
  • Has lower low than down bar
  • Closes within the body of the down bar
  • Closes above the 8 EMA
Entry - 1 tick above the up bar
Target - 35 points or 1:1 (take the lesser value)
Stop loss - 20-35 points ( use preceding bar as guide)

Sell/Short-
Up bar
Down bar
  • Has higher high than up bar
  • Closes within the body of the upbar
  • Closes below the 8 EMA
Entry - 1 tick below the down bar
Target - 35 points or 1:1 (take the lesser value)
Stop loss - 20-35 points ( use preceding bar as guide)

Note: Target and Stop loss are based on trading NQ/MNQ. Adjust accordingly if testing or trading other instruments.

Options
EMA color
Buy/Sell entry shape - arrows or triangles
Release Notes:
Strategy:
15min timeframe
Trading hours: 9:30 EST - 2:15 EST

Buy/Long-
Down bar
Up bar
  • Has lower low than down bar
  • Closes within the body of the down bar
  • Closes above the 8 EMA
Entry - 1 tick above the up bar
Target - 35 points or 1:1 (take the lesser value)
Stop loss - 20-35 points ( use preceding bar as guide)

Sell/Short-
Up bar
Down bar
  • Has higher high than up bar
  • Closes within the body of the upbar
  • Closes below the 8 EMA
Entry - 1 tick below the down bar
Target - 35 points or 1:1 (take the lesser value)
Stop loss - 20-35 points ( use preceding bar as guide)

Note: Target and Stop loss are based on trading NQ/MNQ. Adjust accordingly if testing or trading other instruments.

Options
EMA color
EMA length
Buy/Sell entry shape - arrows or triangles
Release Notes:
Strategy:
15min timeframe
Trading hours: 9:30 EST - 2:15 EST

Buy/Long-
Down bar
Up bar
  • Has lower low than down bar
  • Closes within the body of the down bar
  • Closes above the 8 EMA
Entry - 1 tick above the up bar
Target - 35 points or 1:1 (take the lesser value)
Stop loss - 20-35 points ( use preceding bar as guide)

Sell/Short-
Up bar
Down bar
  • Has higher high than up bar
  • Closes within the body of the upbar
  • Closes below the 8 EMA
Entry - 1 tick below the down bar
Target - 35 points or 1:1 (take the lesser value)
Stop loss - 20-35 points ( use preceding bar as guide)

Note: Target and Stop loss are based on trading NQ/MNQ. Adjust accordingly if testing or trading other instruments.

Options
EMA color
Buy/Sell entry shape - arrows or triangles
Release Notes:
Strategy:
15min timeframe
Trading hours: 9:30 EST - 2:15 EST

Buy/Long-
Down bar
Up bar
  • Has lower low than down bar
  • Closes within the body of the down bar
  • Closes above the 8 EMA
Entry - 1 tick above the up bar
Target - 35 points or 1:1 (take the lesser value)
Stop loss - 20-35 points ( use preceding bar as guide)

Sell/Short-
Up bar
Down bar
  • Has higher high than up bar
  • Closes within the body of the upbar
  • Closes below the 8 EMA
Entry - 1 tick below the down bar
Target - 35 points or 1:1 (take the lesser value)
Stop loss - 20-35 points ( use preceding bar as guide)

Note: Target and Stop loss are based on trading NQ/MNQ. Adjust accordingly if testing or trading other instruments.

Options
EMA color
EMA length
Buy/Sell entry shape - arrows or triangles
Open-source script

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