Master Strategy: BTC W1 Mean Reversion [Institutional SOP]

Overview This is an institutional-grade Mean Reversion and Range Rotation strategy designed specifically for Bitcoin (BTC/USDT) Perpetual Futures. It operates on the philosophy that liquidity resides at the extremes of the previous week's range (Previous Week High/Low). The strategy looks for false breakouts (Sweeps) followed by a confirmed return to the range (Reclaim), targeting the weekly equilibrium (EQ).

Core Logic: The Deviation Play Unlike standard breakout strategies, this indicator hunts for trapped liquidity.

Weekly Levels (Fixed): It calculates PWH (Previous Week High) and PWL (Previous Week Low) based on confirmed, closed weekly data. These levels act as the "Box" for the current week.

The Sweep: We wait for price to pierce the PWH or PWL (taking liquidity/stops). The script uses a dynamic ATR-based threshold to filter out noise (micro-pokes).

The Reclaim (4H Close): A signal is generated ONLY if a 4H candle closes back inside the weekly range shortly after the sweep. This confirms rejection of higher/lower prices.

The Entry: The script suggests a Limit Order at the retested level (PWH/PWL) to maximize R:R.

Institutional Quality Filters ("Kill Switches") To prevent trading in unfavorable conditions, the script includes strict SOP (Standard Operating Procedure) filters:

Trend Filter (ADX): Blocks mean reversion signals if the daily trend is too strong (ADX > 25).

Expansion Filter: Blocks signals if price accepted levels outside the range for too long (prevents fighting a true breakout).

Weekly Range Filter: Filters out weeks that are statistically too tight (chop) or too wide (expansion).

Time Filter: A reclaim must happen within a set number of 4H bars after the sweep (default: 3).

Key Features

Zero Repainting: Logic is based strictly on closed candles ([1], [2], [3]).

State Machine Logic: Uses internal memory to track sweeps regardless of chart timeframe glitches.

Operational Dashboard: Displays current status, countdown to next decision candle (4H close), and exact parameters for the last valid signal (Entry, SL, TP).

Unified Alerting: A single "Any function call" alert handles both Long and Short scenarios dynamically.

Clean Visuals: Levels are plotted with line breaks to avoid visual clutter between weeks.

How to Use

Timeframe: Set your chart to 4H. This is crucial as the logic relies on 4H closes.

Signals: Wait for the "4H RECLAIM" label.

Execution: Place a Limit Order at the suggested Level (PWH/PWL).

Stop Loss: Use the calculated SL provided by the indicator (Swing extreme + ATR buffer).

Target: TP1 is always the EQ (Equilibrium/Mid-range).