INVITE-ONLY SCRIPT

EMA, SMA Mean Reversion

3 736
Invite Only: But everyone will be accepted

Invite-only in order to understand demand and interest in this type of strategy. All requests are welcome and will be accepted.

Full Source is available

A blog post containing full source code and commentary of the strategy is available on the backtest-rookies website. To comply with house rules, I cannot post a direct link here. (Hint add ".com" to backtest-rookies)

Overview

The strategy uses two moving averages to represent the historical mean and a slightly smoothed version of the current price action. It will place long or short trades when the fast EMA moves far away from the historical mean (the slow SMA).

Features
  • Set Backtest Date ranges
  • Enter when EMA is x% away from the mean
  • Independent inputs for the long and short side
  • Only enter when the EMA has started to reverse. (Input)
  • Optional Stop loss
  • Limit trades to a single direction to "Buy the dip" or "Sell the top"

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.