EMA Rebote Setup ( Compatible with NinjaTrader 7 & 8 )

This Setup trades rebote over an EMA, it is similar to TIS_EMA_Trader so some of the entries may be similar but the trend definition and also the entry mode is different :

To be interested in taking a long trade, we need the market having N Bars over the EMA Line not touching it, and at a minimum distance also defined by the User.

So we have 3 input parameters :

Period of the EMA ( Exponential Moving Averge )
Number of Bars at a minimum Distance from the EMA
Minimum Distance between the Bar and the EMA

Once N Bars were counted ( and may not be consecutive ) then we look for the next step : Enter Long Only If :

Current Bar has a low below the EMA
Current Bar has a Close above the EMA ( Usually at bar Close, but can also be set to intrabar mode to get a fill near the EMA line )

If that happens we Enter Long at the Close of the Bar

This pack includes the indicator shown, including multiple options, like painting the background with the trend, exporting the trend and entry signals to be used from another script, repeat long/short signals or taking only the first per side

And also a basic strategy created with the wizard, in open code format to create reports of backtest and optimize settings. It can also be use to automate the signals ( with a limited functionality of course )

You can find More into on this Blog Post : https://theindicatorstore.blogspot.com/2019/07/rebote-setup-market-bounce-ninjatrader.html

Or this YouTube Video :

This indicator can be automated with Markers Plus, Detecting its Arrows and also in Fast Signals mode

Attention ! : Markers Users, ask for the special coupon with an additional 10% discount

TIS_Rebote for NinjaTrader

Brand: The Indicator Store
Product Code: Rebote
Availability: 10

$250.00

Qty

0 reviews / Write a review

Risk Disclosure

RISK DISCLOSURE :

Futures and forex 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.

HYPOTHETICAL PERFORMANCE DISCLOSURE :

Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.