OPEN-SOURCE SCRIPT

Moving Average Mean Reversion Strategy

By HNipps
A basic mean-reversion strategy. Shorts when the close is 10% above the MA, and goes long when it's 10% below the MA.
mean-reversionSimple Moving Average (SMA)

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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