Roc Mean Reversion (ValueRay)

This Indicator shows the Absolute Rate of Change in correlation to its Moving Average.
Values over 3 (gray dotted line) can savely be considered as a breakout; values over 4.5 got a high mean-reverting chance (red dotted line).

This Indicator can be used in all timeframes, however, i recommend to use it <30m, when you want search for meaningful Mean-Reverting Signals.

Please like, share and subscribe. With your love, im encouraged to write and publish more Indicators.

Phát hành các Ghi chú:

make the Indicator Levels generic

Phát hành các Ghi chú:

Drawing negative Threshhold-Lines, hence Mean-Reversion can happen in both directions

Phát hành các Ghi chú:

Better plotting

Phát hành các Ghi chú:

Visual updates

Phát hành các Ghi chú:

small tweaks

Phát hành các Ghi chú:

- Updated to Version 5
- Choose Colors
- Choose Levels
- Better default values

Phát hành các Ghi chú:

• Small Tweaks
  

Phát hành các Ghi chú:

• removed link (house rules policy)