This Universal Mean-Reverting Swing Trading Strategy is designed for all stocks on the 1D timeframe, making it highly adaptable across markets. It generates long/short signals based on key mean reversion indicators:
🎯 Entry Conditions: 🔹 Long Signal 🟢 – Triggered when price is below the lower Bollinger Band, RSI is below 30, and Z-score is extremely negative. 🔹 Short Signal 🔴 – Triggered when price is above the upper Bollinger Band, RSI is above 70, and Z-score is extremely positive.
⚙️ Customizable Inputs:
Bollinger Band Length & Multiplier RSI Length Z-Score Sensitivity This strategy does not execute buy/sell orders but instead provides long/short signals, allowing traders to manually manage risk and execution. Works best in range-bound markets where mean reversion is dominant.
🔹 Recommended Use: Combine with fundamental analysis or additional technical indicators for optimal results.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. คุณสามารถตั้งเป็นรายการโปรดเพื่อใช้บนชาร์ตได้