Trend Bounce [racer8] E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! racer8 I discovered this mechanical trading system in a video on Youtube titled "This Algo Strategy Has Only 3 rules and 62% Win Rate". Link to video: After watching it, I coded the trading system on Tradingview...and now I am introducing it to you guys. Unlike in the video where only buying is allowed, I modified the system so that it has both buy & sell signals. I've tested it repeatedly in different markets on TV including stocks, currency pairs, bitcoin , and commodities ...and it works! A buy signal is generated whenever the current close is below the previous 7-day low and the current close is above the 200 period moving average. A sell signal is generated whenever the current close is above the previous 7-day high and the current close is below the 200 period moving average. This system is unique in that it has both trend-following and reversal elements in it. The system trades short-term reversals while obeying the long-term trend. Essentially, you are buying the dips of bullish trends! & selling at the peaks of bearish trends! Enjoy ♡