Mean Reversion Strategy
Sharing a mean reversion strategy for trading the stockmarkets. Entry rules:2 period RSI < 10Stockprice > 125 SMAThe stock current 10 day ATR is within top 30% readings over the past 100 days (ATR-Rank > 70)Trade entry:place a limit buy order 0.33* the 10 day ATR below the lowTrade exit:Stockprice closes above the 5 day SMAthen sell on market open the next dayA trading system only works if you respect the rules, and be consequent. You need to add strict money management rules! DYOR and good l...
Mean Reversion Strategy
Sharing a mean reversion strategy for trading the stockmarkets. Entry rules:2 period RSI < 10Stockprice > 125 SMAThe stock current 10 day ATR is within top 30% readings over the past 100 days (ATR-Rank > 70)Trade entry:place a limit buy order 0.33* the 10 day ATR below the lowTrade exit:Stockprice closes above the 5 day SMAthen sell on market open the next dayA trading system only works if you respect the rules, and be consequent. You need to add strict money management rules! DYOR and good l...
