PROTECTED SOURCE SCRIPT

ATLAS Reversion Bands v2 [EMA % Spread]

125
🧠 About the ATLAS Reversion Bands v2 [% Spread]

I created this indicator to answer a simple question:

"When is price extended too far from trend, and likely to revert?"

The ATLAS Reversion Bands measure the percentage spread between a fast and slow EMA (default 25/200) and track how far that spread moves from its historical average using z-score and standard deviation bands—essentially building a Bollinger Band system on top of EMA distance.

Instead of relying on traditional oscillators like RSI or MACD, this tool is purely math-driven and tailored for spotting overextensions across any asset.

🔍 What It Does

Tracks the normalized spread between EMA 25 and EMA 200

Highlights statistically rare zones using ±2 and ±3 standard deviation bands

Plots BUY/SELL triangle markers only on first entry into extreme zones

Helps identify mean reversion opportunities (deep pullbacks or FOMO tops)

📈 How to Use It

Wait for the spread to hit or exceed ±2.5 or ±3 standard deviations

Look for confirmation via price structure, candles, or volume

Best used on spot or perp markets with healthy liquidity

Ideal for swing trading or narrative-based rotational setups

🕐 Recommended Timeframes

1H, 4H, and 1D are optimal

Use MTF mode to apply daily logic on lower timeframes (e.g., see 1D exhaustion while trading 4H)

Works across:
✅ BTC, ETH, Majors
✅ Meme coins (better on 1H/4H)
✅ Market indexes (TOTAL2, BTC.D, etc.)

📌 Pro Tips

Raise the Z-score alert threshold for stricter signals (e.g., 3.0 for only the wildest extensions)

Use with other confluence tools (like S/R, candles, or RSI)

Not designed for chasing trends — this is a fade-the-hype, buy-the-blood kind of tool

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.