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Sentinel CBPV Strategy
Sentinel CBPV – Overshoot Reversion Strategy (50% Candle Rule)
Sentinel CBPV Excess Reversion is a mechanical trading system for taking advantage of price overextension and rapid mean reversion.
The methodology looks for areas where, with respect to recent market action and volume, candle body strength is at an extreme. Those are the extremes, indicating aggressive participation and near-term exhaustion that usually results in a partial price retreat.
Sentinel CBPV Excess Reversion is a mechanical trading system for taking advantage of price overextension and rapid mean reversion.
The methodology looks for areas where, with respect to recent market action and volume, candle body strength is at an extreme. Those are the extremes, indicating aggressive participation and near-term exhaustion that usually results in a partial price retreat.
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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.