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Mean Reversion Indicator

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Mean Reversion Indicator
This indicator generates buy and sell signals based on a mean reversion framework.

Buy signals appear when price conditions suggest oversold levels with confirmation filters applied.

Sell signals appear when price conditions suggest overbought levels or profit-taking opportunities.

Includes background shading to highlight the backtest window.

Alerts are available for both Buy and Sell signals, so users can receive notifications in real-time.

⚠️ This indicator is for analysis and alerts only. It does not include strategy backtesting or trade execution.

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