INVITE-ONLY SCRIPT
Impulse Reverse Limits TR
Mark the limits of the price that should be used to star a Impulse Reverse trade when a candle closes outside of it. A the Impulse Reverse trade is a counter-trend type of trading that uses the mean reversion concept.
A mean reversion trade is a type of trade that looks for price that has moved away significantly from its mean (average) price. Every stock has its unique combination of parameters that best fit the mean reversion, the default parameters of this script is the best fit for the WIN1! -0.22% 0.41% ( IBOV -0.05% 0.46% Mini Future) when used on the 30m timeframe
A mean reversion trade is a type of trade that looks for price that has moved away significantly from its mean (average) price. Every stock has its unique combination of parameters that best fit the mean reversion, the default parameters of this script is the best fit for the WIN1! -0.22% 0.41% ( IBOV -0.05% 0.46% Mini Future) when used on the 30m timeframe
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