Description
Bounce Areas Algo to scalp futures market. Indicator included.
There are several strategies one can find with trading Bounce Area Algo
Continuation Signals
Reversal Signals
Retracement Signals
All strategies have Higher Time Frame filter(minutes)
Short demo of the algo
Short demo of indicator
Setup Screen we have 5 sec chart and 1 min as higher time frame chart to filter out our trades when we need to.
Trading retracements. When you see a sudden move, a big 1 min candle close, you can consider entering on first retracement. Usually price tries to make a second move in the same direction.
Premium signal when signal is overlaping with base trend. I have tested this strategy wiith algo and i can tell that win ratio is much higher when trend and base area overalaping. 
Use Trendline Indicator to filter out trades
Trading Reversals. You can set up audio alert for reversal signal and either trade reversals or have anticipation of retracement
