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20 EMA Mean reversion

livefully56 · 2022-05-22T15:27:31+00:00

Hi I want to automate mean reversal strategy but I have no knowledge of coding. Any help will be appreciated. Following rules are for short only. I can then reverse for long entry on those basis. I have attached an example for the entry on chart On 30 minute times frame for short entry using 20 Exponential moving average: If the lowest price (bottom of the wick) closes above 20 EMA Short entry as soon as the current price crosses the bottom/lowest of the previous candle (which closed above 20 EMA). Buffer of 2 pips/points below the low of previous candle for entry. SL – 2 points/pips above the highest part (including wick) of previous 4 candles TP – 1.1 * SL i.e. RR is 1:1.1 Inverse for long entry which I can work on the basis of short coding. Entry and exit on the attached chart as an example. Many thanks in advance.

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20 EMA Mean reversion

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05/22/2022 at 4:27 PM #193666 quote
livefully56
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Hi

I want to automate mean reversal strategy but I have no knowledge of coding. Any help will be appreciated.

Following rules are for short only. I can then reverse for long entry on those basis. I have attached an example for the entry on chart

On 30 minute times frame for short entry using 20 Exponential moving average:
1. If the lowest price (bottom of the wick) closes above 20 EMA
2. Short entry as soon as the current price crosses the bottom/lowest of the previous candle (which closed above 20 EMA). Buffer of 2 pips/points below the low of previous candle for entry.
3. SL – 2 points/pips above the highest part (including wick) of previous 4 candles
4. TP – 1.1 * SL i.e. RR is 1:1.1
Inverse for long entry which I can work on the basis of short coding.

Entry and exit on the attached chart as an example.

Many thanks in advance.

Example.jpg
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20 EMA Mean reversion

ProOrder: Automated Strategies & Backtesting

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Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	05/22/2022
Status:	Active
Attachments:	1 files

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20 EMA Mean reversion

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20 EMA Mean reversion ProOrder: Automated Strategies & Backtesting

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20 EMA Mean reversion

ProOrder: Automated Strategies & Backtesting