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已更新 CandelaCharts - Mean Reversion Oscillator

📝 Overview
The Mean Reversion Oscillator (MRO) is a bounded 0–100 indicator that shows how far the price has deviated from its statistical mean. Normalizing deviations into a consistent scale helps traders spot overbought/oversold conditions, potential mean reversion setups, and momentum shifts around a moving average.
📦 Features
⚙️ Settings
⚡️ Showcase
Overbought/Oversold Zones

Divergences

📒 Usage
The Mean Reversion Oscillator (MRO) is best used as a context tool, not as a standalone buy/sell signal generator. Its primary purpose is to tell you when the price is statistically stretched relative to its average, so you can anticipate a potential return toward the mean.
🚨 Alerts
The indicator does not provide any alerts!
⚠️ Disclaimer
These tools are exclusively available on the TradingView platform.
Our charting tools are intended solely for informational and educational purposes and should not be regarded as financial, investment, or trading advice. They are not designed to predict market movements or offer specific recommendations. Users should be aware that past performance is not indicative of future results and should not rely on these tools for financial decisions. By using these charting tools, the purchaser agrees that the seller and creator hold no responsibility for any decisions made based on information provided by the tools. The purchaser assumes full responsibility and liability for any actions taken and their consequences, including potential financial losses or investment outcomes that may result from the use of these products.
By purchasing, the customer acknowledges and accepts that neither the seller nor the creator is liable for any undesired outcomes stemming from the development, sale, or use of these products. Additionally, the purchaser agrees to indemnify the seller from any liability. If invited through the Friends and Family Program, the purchaser understands that any provided discount code applies only to the initial purchase of Candela's subscription. The purchaser is responsible for canceling or requesting cancellation of their subscription if they choose not to continue at the full retail price. In the event the purchaser no longer wishes to use the products, they must unsubscribe from the membership service, if applicable.
We do not offer reimbursements, refunds, or chargebacks. Once these Terms are accepted at the time of purchase, no reimbursements, refunds, or chargebacks will be issued under any circumstances.
By continuing to use these charting tools, the user confirms their understanding and acceptance of these Terms as outlined in this disclaimer.
The Mean Reversion Oscillator (MRO) is a bounded 0–100 indicator that shows how far the price has deviated from its statistical mean. Normalizing deviations into a consistent scale helps traders spot overbought/oversold conditions, potential mean reversion setups, and momentum shifts around a moving average.
📦 Features
- Bounded scale (0–100) for easy recognition of stretched conditions.
- Customizable MA & StdDev periods for different trading horizons.
- Dynamic coloring: Red = Overbought, Green = Oversold, Blue = Neutral
- Visual aids: Background shading in OB/OS zones + 50 midline.
⚙️ Settings
- MA Length – Period for the moving average baseline.
- StdDev Length – Standard deviation window. Tip: match the MA length for smoother results.
- Overbought Level – Threshold for stretched highs.
- Oversold Level – Threshold for stretched lows.
⚡️ Showcase
Overbought/Oversold Zones
Divergences
📒 Usage
The Mean Reversion Oscillator (MRO) is best used as a context tool, not as a standalone buy/sell signal generator. Its primary purpose is to tell you when the price is statistically stretched relative to its average, so you can anticipate a potential return toward the mean.
- Add to chart – Paste the script in TradingView and load it in a separate pane.
- Set MA Length – Use 20–50 for intraday, 100–200 for swing/position trading.
- Match StdDev Length – Keep it close to the MA Length to avoid distortion (e.g., MA 200 → StdDev 200).
- Interpret readings:
>70 (Overbought) – Price stretched high, reversion or slowdown likely.
<30 (Oversold) – Price stretched low, bounce potential.
50 (Midline) – Neutral, momentum shift point. - Use with confluence – Strongest signals occur when MRO extremes align with S/R levels, trend filters, or volume cues.
- Adjust thresholds – 70/30 is balanced; 80/20 gives fewer but stronger signals, 60/40 gives more but weaker ones.
- Stay trend-aware – In strong trends, OB/OS can persist. Always check higher timeframe bias before fading moves.
🚨 Alerts
The indicator does not provide any alerts!
⚠️ Disclaimer
These tools are exclusively available on the TradingView platform.
Our charting tools are intended solely for informational and educational purposes and should not be regarded as financial, investment, or trading advice. They are not designed to predict market movements or offer specific recommendations. Users should be aware that past performance is not indicative of future results and should not rely on these tools for financial decisions. By using these charting tools, the purchaser agrees that the seller and creator hold no responsibility for any decisions made based on information provided by the tools. The purchaser assumes full responsibility and liability for any actions taken and their consequences, including potential financial losses or investment outcomes that may result from the use of these products.
By purchasing, the customer acknowledges and accepts that neither the seller nor the creator is liable for any undesired outcomes stemming from the development, sale, or use of these products. Additionally, the purchaser agrees to indemnify the seller from any liability. If invited through the Friends and Family Program, the purchaser understands that any provided discount code applies only to the initial purchase of Candela's subscription. The purchaser is responsible for canceling or requesting cancellation of their subscription if they choose not to continue at the full retail price. In the event the purchaser no longer wishes to use the products, they must unsubscribe from the membership service, if applicable.
We do not offer reimbursements, refunds, or chargebacks. Once these Terms are accepted at the time of purchase, no reimbursements, refunds, or chargebacks will be issued under any circumstances.
By continuing to use these charting tools, the user confirms their understanding and acceptance of these Terms as outlined in this disclaimer.
發行說明
CandelaCharts - Mean Reversion Oscillator 1.0.1- Better inputs organisation
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除非您完全信任其作者並了解腳本的工作原理,否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Explore all CandelaCharts indicators at: https://www.candelacharts.com/. Connect with our community on Discord: https://discord.gg/etGSTepqbu. All scripts and content provided by CandelaCharts are intended for informational and educational purposes only.
提醒:在請求訪問權限之前,請閱讀僅限邀請腳本指南。
Get access to our exclusive tools: candelacharts.com
Join our community: discord.gg/etGSTepqbu
All content provided by CandelaCharts is for informational & educational purposes only.
Join our community: discord.gg/etGSTepqbu
All content provided by CandelaCharts is for informational & educational purposes only.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情,請依照以下作者的說明操作,或直接聯絡CandelaCharts。
除非您完全信任其作者並了解腳本的工作原理,否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Explore all CandelaCharts indicators at: https://www.candelacharts.com/. Connect with our community on Discord: https://discord.gg/etGSTepqbu. All scripts and content provided by CandelaCharts are intended for informational and educational purposes only.
提醒:在請求訪問權限之前,請閱讀僅限邀請腳本指南。
Get access to our exclusive tools: candelacharts.com
Join our community: discord.gg/etGSTepqbu
All content provided by CandelaCharts is for informational & educational purposes only.
Join our community: discord.gg/etGSTepqbu
All content provided by CandelaCharts is for informational & educational purposes only.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。