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.

เอกสารเผยแพร่:

make the Indicator Levels generic

เอกสารเผยแพร่:

Drawing negative Threshhold-Lines, hence Mean-Reversion can happen in both directions

เอกสารเผยแพร่:

Better plotting

เอกสารเผยแพร่:

Visual updates

เอกสารเผยแพร่:

small tweaks

เอกสารเผยแพร่:

- Updated to Version 5
- Choose Colors
- Choose Levels
- Better default values

เอกสารเผยแพร่:

• Small Tweaks
  

เอกสารเผยแพร่:

• removed link (house rules policy)