The diagram shows Money Performance when buying stocks for 10 000 at every buy signal from the Intraday Mean Reversion indicator.
The indicator is best used in combination with Intraday Mean Reversion Main Indicator
The rules for trading are: Buy on Open price if the Intraday Mean Reversion Main indicator gives a buy signal. Sell on the daily close...
The Intraday Mean Reversion Indicator works well on certain stocks. It should be used for day trading stocks but need to be applied on the Day to Day timeframe.
The logic behind the indicator is that stocks that opens substantially lower than yesterdays close, very often bounces back during the day and closes higher than the open price, thus the name Intraday...
The Market Meanness Index was created by Johann Christian Lotter and I added some smoothing of my own, so feel free to try it without any smoothing to see the differences. This indicator relies on the mean reversion theory that all prices will eventually revert to the mean over a long period of time. Obviously there is more to the theory but the basic idea is if...
What is QFL trading strategy?
QFL stands for Quickfingersluc, and sometimes it is referred to as the Base Strategy or Mean Reversals. Its main idea is about identifying the moment of panic selling and buying below the base level and utilizing Safety orders.
What is Base level or Support Level?
Base level or Support Level refers to the lowest price level that...
The strategy checks nature of the instruments. It Buys if the close is greater than yesterday's high, reverse the position if the close is lower than yesterday's low and repeat the process.
1. If it is trend following then the equity curve will be in uptrend
2. If it is mean reverting then the equity curve will be downtrend
Thanks to Rayner Teo.
![AAPL: Market Meanness Index [CC]](https://s3.tradingview.com/v/vNPcqAF2_mid.png "Market Meanness Index [CC]")
