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Mean Reversion Indicator

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Mean Reversion Indicator
This indicator generates buy and sell signals based on a mean reversion framework.

Buy signals appear when price conditions suggest oversold levels with confirmation filters applied.

Sell signals appear when price conditions suggest overbought levels or profit-taking opportunities.

Includes background shading to highlight the backtest window.

Alerts are available for both Buy and Sell signals, so users can receive notifications in real-time.

⚠️ This indicator is for analysis and alerts only. It does not include strategy backtesting or trade execution.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.