Reversal & COG — Strategy by Anupama
By Anupama
Performance Metrics
- Author: Anupama
- Symbol: NSE:NIFTY
- Timeframe: 30 minutes
- Net P&L: +23,102.80 INR (+2.31%)
- Win Rate: 44.5%
- Profit Factor: 1.617
- Max Drawdown: 1,427.30 INR (0.14%)
- Total Trades: 778
Description
This trading strategy is a multi-layered trend-reversal system that combines the **Reversal 123** methodology with a **Center of Gravity (COG)** channel filter. The core logic requires a dual-confirmation: the Reversal 123 component identifies short-term momentum shifts using specific price action patterns and Stochastic Oscillator levels, while the Center of Gravity indicator establishes a "fair value" corridor based on linear regression. A trade is only executed when both indicators align—entering long when price breaks above the lower COG band amid a bullish reversal pattern, and entering short when it breaks below the upper band during a bearish pattern. To enhance risk management, the script includes directional toggles and an optional percentage-based stop loss, ensuring that entries are only taken in the user's preferred direction while protecting capital against sudden volatility.