derMatzeImNetz

Matze AbsRoc Level to Mean-Reverting

This Indicator shows the Absolute Rate of Change in correlation to its Moving Average.
Values over 3 (gray dotted line) can savely be considered as a breakout; values over 4.5 got a high mean-reverting chance (red dotted line).

This Indicator can be used in all timeframes, however, i recommend to use it <30m, when you want search for meaningful Mean-Reverting Signals.

Please like, share and subscribe. With your love, im encouraged to write and publish more Indicators.
發布通知: make the Indicator Levels generic
發布通知: Drawing negative Threshhold-Lines, hence Mean-Reversion can happen in both directions
發布通知: Better plotting
發布通知: Visual updates

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