Sharing a mean reversion strategy for trading the stockmarkets.

Entry rules:

• 2 period RSI < 10

• Stockprice > 125 SMA

• The 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 low

Trade exit:

• Stockprice closes above the 5 day SMA

• then sell on market open the next day

A trading system only works if you respect the rules, and be consequent. You need to add strict money management rules! DYOR and good luck!

Sharing a mean reversion strategy for trading the stockmarkets.

Entry rules:

• 2 period RSI < 10

• Stockprice > 125 SMA

• The 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 low

Trade exit:

• Stockprice closes above the 5 day SMA

• then sell on market open the next day

A trading system only works if you respect the rules, and be consequent. You need to add strict money management rules! DYOR and good luck!