Mean Reverse Grid Algorithm - The Quant Science™ is a dynamic grid algorithm that follows the trend and run a mean reverting strategy on average percentage yield variation. DESCRIPTION Trades on different price levels of the grid, following the trend. The grid consists of 10 levels, 5 higher and 5 lower. The grids together create a channel, this channel...
=============================================================: BOB The Reversal Trader :============================================================= COMPONENTS: - VWAP Anchored at Friday CME close - Bitcoin CME close - Volume bars SETTINGS: - Asset: BTCUSDTPERP - Time frame: 30M - Hard TP %: 1.5 - Hard SL %: 40 -...
Introduction: This strategy is a modification of the “3-day Mean Reversion Strategy” from the book "High Probability ETF Trading" by Larry Connors and Cesar Alvarez. In the book, the authors discuss a high-probability ETF mean reversion strategy for a 1-day time-frame with these simple rules: The price must be above the 200 day SMA and below the 5 day SMA. ...
Tradingview Community, As I progress through my journey, I have come to the realization that it is time to give back. This script isn't a life changer, but it has the building blocks for a motivated individual to optimize the parameters and have a production script ready to go. Credit for the indicator is due to @rumpypumpydumpy I adapted this indicator to a...
█ OVERVIEW Mean reversion is a financial term assuming that an asset's price will tend to converge to the average price over time. Due to the trending nature of the crypto markets, mean reversion on a high timeframe could be pretty dangerous. When it comes to running mean reversion strategy on low timeframe, commission and slippage may cost more than...
This very simple strategy is an implementation of PJ Sutherlands' Jaws Mean reversion algorithm. It simply buys when a small moving average period (e.g. 2) is below a longer moving average period (e.g. 5) by a certain percentage and closes when the small period average crosses over the longer moving average. If you are going to use this, you may wish to apply...
This is a more advanced version of my original mean reversion script. It employs the famous Bollinger Bands. This robot will buy when price falls below the lower Bollinger Band, and sell when price moves above the upper Bollinger Band. I've only tested it on the S&P 500, though you could try it out on other assets to see the backtest performance. During...
Mean reversion strategy, based upon the price deviation (%) from a chosen moving average (bars). Do note that the "gains" are always relative to your starting capital, so if you set a smaller starting capital (e.g. $10000) your gains will look bigger. Also when the strategy tester has finished calculating, check the "Open P/L", as there could still be open trades....
This strategy is for learning purposes only. Pay special attention to these strategies on longer aggregation periods (like 1 hr chart or more). Don't expect accurate results when you set a limit to 10 cents above your entry to be accurate. For example if you set the chart to 1 day, the price may move down and hit a stop 10 times then tag your limit. If this...
I recently published this script for Cryptocurrencies. The robustness of this script can be seen from the fact that the same script can be used for stocks on a 1D timeframe. I have used a commission of Rs. 20/order (ZERODHA?) Also, I selected a universe ofrandom stocks (each from different industries) for the current chart. I have seen similar results when you...
Strategy created for backtesting of rules described in WhatsApp group. Source code will not be shared. Script has very smooth equity curves, and works on all CRYPTO pairs on 1h and 2h timeframes. Takes no parameters except a minimal option on how to split orders based on various conditions. NO REPAINTING!! NO RENKO CHARTS!! Script works on the principle of...
This script works on the principle of short-term mean reversion and long term trend following, and uses minimal parameters to ensure no overfitting. The scripts beats buy and hold for almost all major pairs that satisfy the following conditions: - are trading on multiple exchanges as either ALTBTC or ALTUSD pairs - have good volume available with them - have an...
A basic mean-reversion strategy. Shorts when the close is 10% above the MA, and goes long when it's 10% below the MA.
This strategy buy at the next open when close = low . Then it closes the position after either a small profits OR a (very) small losses. Works with several TF