PM_EMA_Bouncer Strategy for Ninjatrader Update
EMA Bouncer Strategy for Ninjatrader - Version 2 We have added a New Configuration to the Bouncer Strategy to allow for New Possible Setups. The classic use was waiting for price to reach an envelope around a moving Average to be Trade Ready. Then the trade was in direction to the EMA, and the entry was a Stop order placed somewhere between the trigger envelope and the EMA. On this new version We are including a possible entry at a bigger envelope than the Entry On this configuration, the entry order must be limit type. After a Fill, the strategy waits for a reset before taking new entries. On these example pictures, the green line is the trigger line. The yellow line is the entry line. If the market is impulsing, on a free fall or upside move, after having a loss, the strategy will wait for a reset as shown on the following picture : This configuration can be used together with the classic style of stop entry above the trigger line : On this example we...