Currently developing and testing a mean reversion strategy for range-bound markets. Still work in progress, but using a simple setup of defined price band, low ADR value, RSI overbought/oversold and MACD indicating chance of reversal. Stop is 2x ATR.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.