OPEN-SOURCE SCRIPT
Atualizado

Roc Mean Reversion (ValueRay)

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.
Notas de Lançamento
make the Indicator Levels generic
Notas de Lançamento
Drawing negative Threshhold-Lines, hence Mean-Reversion can happen in both directions
Notas de Lançamento
Better plotting
Notas de Lançamento
Visual updates
Notas de Lançamento
small tweaks
Notas de Lançamento
- Updated to Version 5
- Choose Colors
- Choose Levels
- Better default values
Notas de Lançamento

  • Small Tweaks
Notas de Lançamento
  • removed link (house rules policy)

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