meanreversion

DinGrogu

This indicator was created primarily as an experiment. While the supertrend can be powerful, in many cases, the trend has already started before the time it's identified, resulting in a price decrease. After conducting my own research, I discovered that the reversal point is often more nearby during the downtrend, rather than at the beginning of the uptrend....

thequantscience Aktualisiert 

This script is a quantitative price forecasting indicator that forecasts price changes for a given asset. The model aims to forecast future prices by analyzing past data within a selected time period. Mathematical probability is used to calculate whether starting from time X can lead to reaching prices Y1 and Y2. In this context, X represents the current...

lnlcapital

LNL Keltner Candles This indicator plots mean reversion (reversal) arrows with custom painted candles based on the price touch or close above or below keltner channel limits (upper & lower bands). This study was created primarily for swing trading & higher time frames such as daily and weekly. Lower time frames might result in more false signals. Mean Reversal...

Traders_Endeavors Aktualisiert 

Overview Introducing the Reversal Pivot indicator - a tool for identifying potential reversal points in price. This algorithm takes into account multiple factors, including price action, volume, and pivot points, to give you a clear and accurate picture of where the market is heading to. How it works The indicator gets expansions and the highs and lows and...

pb-algo

Simple but solid mean reversion indicator with sl and tp levels. Most of the code is based on the built in bollinger bands script. Designed for scalping 1-5 minute timeframes. The indicator consists of two sets of bollinger bands. Price has to close below the lower (fast) bollinger band, above the moving average of the (slower) bollinger band. If price now...

cubantobacco Aktualisiert 

Cuban's Reversion Bands V2 Cubans Reversion Bands, are a great indication of price overextension by using specified standard deviations, extended from a moving average basis line, the Volume Weighted Average Trend. Reversion Bands V2 builds off the original foundation in a big way but utilizes completely new band logic and a more stable basis line, the...

mrmccraig

Markets tend to mean revert. This indicator plots a moving average from a higher time frame (type of MA and length selectable by the user). It then calculates standard deviations in two dimensions: - Standard deviation of move of price away from this moving average - Standard deviations of number of bars spent in this extended range The indicator plots a table...

cheatcountry

The Market Meanness Index was created by Johann Christian Lotter and I added some smoothing of my own, so feel free to try it without any smoothing to see the differences. This indicator relies on the mean reversion theory that all prices will eventually revert to the mean over a long period of time. Obviously there is more to the theory but the basic idea is if...

Gedhusek

The MasterReversion Indicator works as a scanner for possible price reversals. How does it work?: The main feature of this indicator is finding extreme price deviations from its mean. This is reached by calculating the average price deviation from its mean and then comparing it with the current price deviation. This deviation is expressed as a percentage in...

spiritualhealer117

This indicator is best suited for mean reversion trading, shorting at the upper band and buying at the lower band, but it can be used in all the same ways as a standard bollinger band. It differs from a normal bollinger band because it is centered around the linear regression line, as opposed to the moving average line, and uses the linear regression of the...

Sofien-Kaabar

The MPI (Mega Pendulum Indicator) is a fusion between the Pendulum Indicator and the Swing Indicator and is used with specific trading rules. The MPI is a semi-bounded oscillator comprised of two lines. The first bounded line is the Pendulum Indicator which oscillates between 0 and 100 but generally oscillates between 20 and 80. The second semi-bounded line is...

Attrition Aktualisiert 

Green/Red Arrowed Buy/Sell signals are just simple buy sell signals based on SuperTrend, VWAP, Bollinger, Linear Regression Purple Arrowed Buy/Sell Signals happen when the price/candle cross over or under the yellow outer lines (4.236 fib lines) It's extremely rare and hard for price to stay above these lines therefore we can usually and comfortably buy/sell it,...

Gabriel-Tan

Hey everyone! Publishing my first script ever. This script explores the concept of mean reversion and how markets typically react to sub cycle highs and lows. I also added in a divergence formula to make it easier to spot probable turning points in market sentiment. If you are interested in the script, do drop me a DM to request for access.

fibonacci_wizard

This strategy is inspired from Power of Stock aka Subhasish Panni. Target is minimum 1:3 when you get this setup right. Buy when: 1) Low is greater than upper band of BB and next candle breaks high of that candle, SL is Low of previous candle which is has low above upper band. 2) High is lower than lower band of BB and next candle breaks high of that candle, SL is...

loxx Aktualisiert 

This is a Gaussian Filter with Standard Deviation Filtering that works for orders (poles) higher than the usual 4 poles that was originally available in Ehlers Gaussian Filter formulas. Because of that, it is a sort of generalized Gaussian filter that can calculate arbitrary (order) pole Gaussian Filter and which makes it a sort of a unique indicator. For this...

ClassicScott Aktualisiert 

This is my second Donchian Channels indicator (and will probably be my last because how many does one really need). This version is different from my other one in that, well, it's 'dynamic' which simply means that it self adjusts based on the same formula that my Ultimate Moving Average does. What does that mean? It just means that the script takes an average of 8...

KivancOzbilgic Wizard

An old but gold Japanese indicator for Mean Reverting strategies and ideal for Pairs Trading... The Kairi Relative Index measures the distance between closing prices and a Moving Average in percent value (generally SMA). Extreme reading in the KRI are considered buy and sell signals. Extreme readings will vary by asset, with more volatile assets reaching much...

Sidders Aktualisiert 

This indicator visualizes in a straight forward way the distance price is away from the mean in absolute standard deviations (Z-score) over a certain lookback period (can be configured). Additionally I've included a moving average of the distance, the MA type can be configured in the settings. Personally using this indicator for some of my algo mean reversion...