Parameters:
- Instrument: ES
- Chart: 1000 Volume
- Time Frame: NY Open (9:30 AM – 3:30 PM EST)
Rules:
- Must be in trending market.
- 34EMA bounce/kiss must be within 2 ticks (0.5 points).
- Enter trade @ close of bar in direction of trade
- Set-up bar must close above (long) or below (short) of 8 EMA
- 34 EMA, 89 EMA, & 200 EMA must be of correct stacking, BUT
- if one EMA is out of place, check for Stochastic slingshot formation.
- No trade on FLAT 34 EMA
- Rule of 3 Waves: No more three trade entries within a trend
- NO trading near Pivots. Use as targets if feasible (6 ticks away or greater)
got this from a friend and I don't know how to set this up in the strategy builder can someone help me with this please
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