MRR(Mean Reversion Range) — Strategy by abdulrehmantatvacare
By abdulrehmantatvacare
Performance Metrics
- Author: abdulrehmantatvacare
- Symbol: NSE:NIFTY
- Timeframe: 45 minutes
- Win Rate: 37.8%
- Profit Factor: 0.582
Description
It watches for a market moving sideways in a range rather than trending. It draws a band around the average price — when price dips to the bottom of that band and momentum (RSI) shows it's overextended, it buys, betting price will bounce back up to the average. Same logic in reverse at the top of the band for selling. Before taking any trade, it checks a trend-strength gauge (ADX) to make sure the market really is ranging — no bets that price just snaps back the moment a real trend gets going, so it steps aside early if the range starts breaking into one.