The PM_EMA_Bouncer Setup is a Counter Trend System that uses the exact same logic to trigger its signals than PM_EMA,
But entries are taken early and in opposite direction ;
UPDATE - Version 2 Now includes Entry Price ABOVE Upper Band ; when Price reaches the Trigger Band, an Entry can be issued above ( Limit Order ) or below ( Stop Order ) the Trigger Band.
Review the complete details about the setup on the BLOG
This small YouTube video shows a pair of strategies ( one with each type of settings ) trading together : http://www.youtube.com/watch?v=7n3kw_U5aAc
Previous Release Settings ( also included on New version )
When Price touches the Upper Band the system sets into Sell Mode, the trade entry is slightly below the Upper Band and the target is near the EMA.
More info about the Setup can be found on the Blog
Features of this Strategy
Money Management Settings, with option to limit the following variables
Option to Enable only Longs and/or Only Shorts
User defined Time Window
Option to trigger multiple entries to average entry position. Targets and Stops can be defined by Group or as the Average of the total trade
RISK DISCLOSURE (See CFTC RULE 4.41) :
Futures trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.