PROTECTED SOURCE SCRIPT
_Mean_RAW

An indicator based on the “mean reversion” strategy.
Works best with the EURUSD 4h pair. Different time frames can be used for other pairs.
The pyramiding feature does not make significant changes; it is not an important parameter.
It definitely does not repaint, especially if you trade on candle closes using the per bar close type alarm.
Green label -> 🟢 buy
Red label -> 🔴 sell
Yellow label -> 🟡 close
Your suggestions regarding the indicator are important to me.
Works best with the EURUSD 4h pair. Different time frames can be used for other pairs.
The pyramiding feature does not make significant changes; it is not an important parameter.
It definitely does not repaint, especially if you trade on candle closes using the per bar close type alarm.
Green label -> 🟢 buy
Red label -> 🔴 sell
Yellow label -> 🟡 close
Your suggestions regarding the indicator are important to me.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.