OPEN-SOURCE SCRIPT

SNIPER Mean Reversion V1

106
MR SNIPER (Mean Reversion)

### When to Use
- Market is **IN BALANCE** (ranging, consolidating)
- Price **breaks out but FAILS** to hold
- **London session** or compressed summer conditions
- Failed breakouts returning to value

### The Setup Sequence

```
1. BALANCE DETECTED
└── Price rotating around POC

2. BREAKOUT ATTEMPT
└── Price pushes beyond Value Area

3. FAILURE + RECLAIM ← KEY MOMENT
└── Price comes BACK inside balance
└── DO NOT trade first move back!

4. PULLBACK INTO LVN
└── Wait for pullback after reclaim

5. AGGRESSION CONFIRMATION
└── Entry candle shows buy/sell pressure
└── Volume elevated (1.2×+ average)
└── Fat body (60%+ of range)

6. ENTRY → TARGET: POC
```

### Signal Labels
- **MR↑** = Mean Reversion Long (failed breakdown)
- **MR↓** = Mean Reversion Short (failed breakout)
- **S/A/B** = Signal quality tier

### Risk Management
- **Stop**: Below recent low (long) / Above recent high (short)
- **Target**: POC (center of value)
- **Risk**: 0.25-0.5% per trade

Disclaimer

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