PullbackContinuation
Concept
Not every good trend entry happens on the first breakout. PullbackContinuation is designed to enter after the market pauses, retraces into a faster average, and then resumes in the original trend direction.
Idea
The strategy first requires an existing trend. It then waits for price to touch or nearly touch a faster EMA during the pullback window. A signal only triggers when price breaks back through the prior candle structure in the original trend direction.
Genetic Algorithm Parameters
- Price type used for the moving averages
- Slow trend EMA period
- Trend lookback window
- Faster pullback EMA period
- Pullback lookback window
- Pullback touch tolerance in pips
- Breakout confirmation distance in pips
- Optional close confirmation
Best suited for
Strong, directional markets with orderly retracements
Less effective in noisy chop where pullbacks do not resolve cleanly