NUMEX Smart Swing Structure
Swing structure with break and retest, EMA filter, and ATR-based stop buffer and tolerance.
- Type
- Strategies
- Platform
- NinjaTrader 8
- Deliverable
- .cs file or compiled export
Logic
Smart Swing Structure relies on NinjaTrader's Swing indicator and compares the last two swing highs and lows. Higher highs and higher lows give a bullish bias; lower ones give a bearish bias. Optionally, price must also sit on the right side of the EMA.
A close beyond the last swing in the direction of the bias marks the break. By default the strategy waits for a retest of the broken level, within an ATR-based tolerance, with a close on the right side. It can also enter straight on the break.
The stop goes beyond the opposite swing with an ATR buffer, and the target is a multiple of the risk. Measuring buffer and tolerance in ATR adapts the strategy to current volatility. Positions are closed automatically before the session ends.
Features
- Swings detected by NinjaTrader's Swing indicator
- Bias from the structure of the last two swings
- Optional EMA filter
- Entry on a retest of the broken level, or straight on the break
- Stop beyond the opposite swing with an ATR buffer
- Target as a multiple of risk
Parameters
- Swing strength (default 3)
- Risk/reward ratio (default 2.0)
- EMA filter (default yes, period 50)
- ATR period (default 14)
- Stop buffer (default 0.25 ATR)
- Retest tolerance (default 0.35 ATR)
- Retest entry (default yes)
Screenshots
Futures trading involves a risk of capital loss. Our tools are decision-support software, not investment advice. Past performance is not indicative of future results.