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BB RSI RTM(Reversion To Mean)
Hi my friends, this is lonelygrass. Just drop a quick update on my latest study.
In addition to trend following, I have realized that mean reversion trading systems can also be profitable if implemented correctly.
This system is based on the idea that price will ultimately revert back to its mean after experiencing extreme price movements.
With this in mind, I have deployed two notable indicators, Bollinger Bands and RSI. When Prices go outside of the Bollinger bands and RSI has arrived oversold/overbought levels, there will be a clear indication on the graph that one should possibly trade against the current trend.
Short term and long term versions are available for use, just choose the one you want. Happy trading and stay hyped!
In addition to trend following, I have realized that mean reversion trading systems can also be profitable if implemented correctly.
This system is based on the idea that price will ultimately revert back to its mean after experiencing extreme price movements.
With this in mind, I have deployed two notable indicators, Bollinger Bands and RSI. When Prices go outside of the Bollinger bands and RSI has arrived oversold/overbought levels, there will be a clear indication on the graph that one should possibly trade against the current trend.
Short term and long term versions are available for use, just choose the one you want. Happy trading and stay hyped!
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보호된 스크립트입니다
이 스크립트는 비공개 소스로 게시됩니다. 하지만 제한 없이 자유롭게 사용할 수 있습니다 — 여기에서 자세히 알아보기.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.