PROTECTED SOURCE SCRIPT
TechQuant Mean Rev Based on IBS Concept
This strategy is designed around the concept of the Internal Bar Strength (IBS) in trading, a widely regarded mean reversion indicator. By analyzing the position of the closing price relative to the high-low range, the IBS helps identify potential reversal points.
To enhance the accuracy of signals, I've incorporated my own momentum filters and a robust risk management system to capture only the highest probability setups. The strategy is optimized for daily timeframes and has demonstrated a consistently high win rate through extensive backtesting. It’s ideal for traders looking to capitalize on short-term mean reversion opportunities with strong risk controls.
To enhance the accuracy of signals, I've incorporated my own momentum filters and a robust risk management system to capture only the highest probability setups. The strategy is optimized for daily timeframes and has demonstrated a consistently high win rate through extensive backtesting. It’s ideal for traders looking to capitalize on short-term mean reversion opportunities with strong risk controls.
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.