Mean reversion component experiment - Mean Momentum Reversion "MmRev"
Using momentum extremes and directional decay to detect areas of strong reactiveness and possible trend reversions
No adaptable settings for now , default settings most suited for 15min-1h
For obvious reasons parabolic legs and extreme trends produce handful off false positives
Using momentum extremes and directional decay to detect areas of strong reactiveness and possible trend reversions
No adaptable settings for now , default settings most suited for 15min-1h
For obvious reasons parabolic legs and extreme trends produce handful off false positives
Release Notes:
Changed default filter to HULL
Added alert conditions
Added alert conditions
Public: https://www.tradingview.com/u/InSilico/#published-scripts
https://www.tradingview.com/gopro/?share_your_love=InSilico
https://www.tradingview.com/gopro/?share_your_love=InSilico