GMS: Mean Reversion StrategyThis is based on my GMS: Mean Reversion Indicator ()
Features:
- % Based Profit Target and Stop Loss
- SMA Trend Filter
- Can choose trade exit based off a moving average or linear regression curve
- Filter for long only trades, short only trades, or both at the same time.
Source code is open, so feel free to take a look!
I hope it helps,
Andre
Profittarget
HARD Top/Bottom SeekerSame settings used on all timeframes, all graphs, no tuning done at all (apart from simply choosing the timeframe).
PM for buying/renting the script. The rented script will be a copy of this logic, but an indicator and have alert conditions added on the S and B (orange and green).
Written in pinescript v3, no repainting, no TSL abuse, etc.
Works pretty well on all crypto, but does produce early signals, thus you may exit before the trend has ended.
Works especially good when 2 or more timeframes all giving the signal in the same price/time region.
Suggested timeframes: 5 mins, 1 hr, 3 hrs, 6 hrs, 12 hrs, 1 day.
Disclaimer: better examples selected here, the script DOES produce worse, EARLY/false positive signals, especially when a stronger trend is happening on the bigger timeframe than the script is used (to see those worse signals you can just move the graphs back in this publication).
