Mean Reversion Strategy

[Apprentice]

Based on request.
viewtopic.php?f=27&t=61143#p95867

Price Below Lower Bollinger band
Stochastic K <30
And for following period.
RSI is Up
Stochastic K is Up.

Exit Long Price > Bollinger Mid band.


Opposite for a Short....

Mean reversion strategy.lua

(19.41 KiB) Downloaded 932 times

The Strategy was revised and updated on December 18, 2018.

[CHECEZAR]

Hi all, I need a very big help. Could someone please add to this strategy the option to reverse the signal? For example if the strategy indicates purchase I can tell that you sell, not buy. Thanks for the help, I'll be waiting.

[Apprentice]

Added to development list.

[CHECEZAR]

Here is a strategy that can help understand incorporate what I am requesting.

With this strategy, you have two options one of which is possible to obtain signals contrary to what is stated strategy and adding to that instead of going to operate directly, what it does is place orders either few pips above the price given or few pips less.

[moomoofx]

As requested, the option to reverse the signals (for both entry and exit) has been added to the strategy. Please redownload to get the updated version.

Cheers,
MooMooForex

[Sviet531]

Hello,

can you change the strategy ?

I would like just work with the BB. I would like desactivate RSI and stochastic.

If the price touch on live the bb with deviation 3.0 take a position buy/sell at against trend.

Thank you for your attention.

[Sviet531]

And, can you too put the strategie in m2 ?

[Apprentice]

Try this version.

Mean reversion strategy.lua

(20.5 KiB) Downloaded 667 times

Will allow you to input any time frame supported by TS.

[Apprentice]

Strategy was revised and updated.