This is the mean reversion indicator. Mean reversions
are my favourite trades. I get a very high win-rate on these
trades/ signals. But you have to know how to trade
it, and find the right entries.
This is the indicator/ script that is used for the
TradingCryptoCourse Crypto Scanner's signals.
The scanner's signals are plotted by this chart as triangles.
- black triangle: mean reversion to the SMA50
- green triangle: mean reversion to the SMA100
- red triangle: mean reversion to the SMA200
- black line: SMA50
- green line: SMA100
- red line: SMA200
My custom indicators are FREE for all.
These are very powerful tools, if used correctly.
Feel free to add them to your trading toolkit.