Meareverstein (mean-reversion)

19 בנוב׳ 2020

This script uses basic statistics to exploit mean-reversion conditions in the market.

The idea of mean-reversion is similar to stretching an elastic band. After a certain level, the potential energy to snap back to the initial position increases. For the case of the markets, the initial position is the mean price.

Entries and exits are clearly represented visually, with TP/SL texts when either is being hit.

The default risk-reward ratio is 1.5.

The script can be used on most liquid assets (minimal slippage)

Refer to "Meareverstein performente" below for the accompanying script that showcases the performance in real time.
Data provided will be: Total number of trades, Total returns, and Expectancy.