Mean Reversion Trading V1 — Strategy by Sivchay

By Sivchay

Performance Metrics

Description

OverviewThis is a simple mean reversion strategy that combines RSI, Keltner Channels, and MACD Histograms to predict reversals. Current parameters were optimized for NASDAQ 15M and performance varies depending on asset. The strategy can be optimized for specific asset and timeframe. How it works Long Entry (All must be true): 1. RSI 0 and rising 4. No open tradesShort Entry (All must be true): 1. RSI > Upper Threshold 2. Close > Upper KC Band 3. MACD Histogram < 0 and falling 4. No open tradesLong Exit: 1. Stop Loss: Average position size x ( 1 - SL percent) 2. Take Profit: Average position size x ( 1 + TP percent) 3. MACD Histogram crosses below zeroShort Exit: 1. Stop Loss: Average position size x ( 1 + SL percent) 2. Take Profit: Average position size x ( 1 - TP percent) 3. MACD Histogram crosses above zeroSettings and parameters are explained in the tooltips. Important Initial capital is set as 100,000 by default and 100 percent equity is used for trades

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