System 2 - Coral
EMA Breakout with Lookback Range Confirmation
A breakout-based day trading system for NQ futures on 5-minute bars that enters positions when price breaks above or below recent highs/lows while maintaining proper distance from a key exponential moving average. Uses day-specific parameters optimized for each weekday.
Key Features
- Recent high/low breakout detection
- EMA distance validation for quality setups
- Directional bias from candlestick patterns
- Time-based exits after specified bars held
- Session-based trading (no overnight positions)
Core Technical Components
Breakout Detection
Identifies when price breaks out of recent trading ranges
- •Lookback period to find highest high / lowest low
- •Excludes current bar to avoid false signals
- •Requires close above/below breakout level
EMA Distance Filter
Ensures entries occur at optimal distance from moving average
- •Exponential moving average for trend reference
- •Price/EMA ratio must be within defined range
- •Prevents entries when too far from average
Trade Execution Logic
Entry Requirements
Long Entry
- →Close above EMA and above lookback period highest high
- →Close above open (bullish bar)
- →Price/EMA ratio within acceptable distance range
Short Entry
- →Close below EMA and below lookback period lowest low
- →Close below open (bearish bar)
- →Price/EMA ratio within acceptable distance range
Exit Scenarios
- Fixed bars held exit (time-based)
- Fixed percentage profit target
- Fixed percentage stop loss
- End of session exit
View Actual Trading Results
Explore System 2 - Coral results with detailed performance charts, comprehensive metrics, and complete trade-by-trade history from actual executions.
Risk Disclaimer
Trading futures involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. The performance data shown represents historical backtesting and simulation results. Actual trading results may differ significantly. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources, and other relevant circumstances.