Trend Following or Mean Reverting — Strategy by Senthaamizh

trendanalysis supportandresistance volume trendfollowing meanreversion meanreversal trending trendtrading trendreversal

The strategy checks nature of the instruments. It Buys if the close is greater than yesterday's high, reverse the position if the close is lower than yesterday's low and repeat the process.

1. If it is trend following then the equity curve will be in uptrend
2. If it is mean reverting then the equity curve will be downtrend

Thanks to Rayner Teo.

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