Greetings folks, Price has pierced through the standard setting bollinger band and my mean-reversion system has indicated a setup. The trading system with a preset 2:1 profit to risk ratio for this asset has historically: xxx trades xx %/R returns Xx % winrate Do let me know if I should expand the assets and timeframe of ideas that I share. Cheers, PineConnector
Greetings folks, Price has pierced through the standard setting bollinger band and my mean-reversion system has indicated a setup. The trading system with a preset 2:1 profit to risk ratio for this asset has historically: 109 trades 14 %/R returns 38 % winrate Do let me know if I should expand the assets and timeframe of ideas that I share. Cheers, PineConnector
Greetings folks, Price has pierced through the standard setting bollinger band and my mean-reversion system has indicated a setup. Unfortunately, price has about reached the mean as of posting this trade idea. The trading system with a preset 2:1 profit to risk ratio for this asset has historically: 101 trades 19 %/R returns 40% winrate Do let me know if I...
Greetings folks, XMRUSD has been increasing quite sharply on the daily chart as of late. My system has made a recommendation to short at the low of the previous bar with the TP being 182.94. However, my system has only had 3 past trades giving us 3R returns or an expectancy of 1R with a 67% winrate. Cheers, PineConnector
Greetings folks, The tech index has been rising quite sharply since end of last Friday, forming a few large and strong bullish bars. A pin was formed, though small, at the upper bollinger band with the default 20 period and 2 standard deviation settings. My trading system recommends a short at the low of the pin with the SL be at the high of the pin. The...
$ALB finding support on the current trends linear regression mean as well as on the Fib 23.6 level. Looking for breakout confirmation with solid daily close roughly above $166.50, as it may fall and retest mean going into earnings. RSI moving just above 50 and would like to see movement above 55 with breakout of 61.8. Watching for support at about $161, with...
The breakout within last two weeks has seen the yen made higher higher, before reversing downward over the past two days at a key horizontal, Fibonacci and trendline resistance level. The Yen form double tops before reversing. Today, the Yen has bounce off the support of a rising channel, which supports the Intermediate Daily trend, and Primary 4-Hour trend. Using...
Mean Reversion Trade
A relatively simple mean-reversion setup developed on QQQ today. We had a gap-and-go break last week's high on decreasing volume, creating bearish divergence on the cumulative volume percentage indicator. Maxx Momentum failing the 6 ema test on a parabolic-up (unsustainable move) triggers the entry. There may still be a day or two worth of shorts to squeeze out...
Tradingview data on market caps can become wonky at times but assuming these are accurate, I have 420B as a key level to maybe start off alt season 2021. We are looking good so far but we may also be due for a mean reversion move (i.e. correction to the average price). If you look at the preceding trend (here using the 3 day chart), price do not really stray far...
Using RSI and the upper/lower channel bounds for SQ indicates a pullback occurring in the near future , my timeframe is 1-2 weeks. SQ is not going to maintain these elevated levels for long, and will soon revert to the mean.
With the RBA pumping more cash into the system (as with the rest of the world) and the USA finally moving on from a dramatic election/change of government, its interesting to see this charts starting to look more n more bearish - IMO 4hr chart A: crossing of 50MA below the 200 MA's, and price action firmly below all 3 MAs - Bearish sign B: 0.76 S+R & Fib-1 76%...
ARKK price sitting a +3 standard deviations above identified linear regression mean with a potential RSI divergence identified signaling a possible pullback or correction to levels of support. Linear regression analysis ARKK's current bull trend beginning on MAR 18 2020 has been well identified A linear regression trend pulled to current date gives a...
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