Support Board
Date/Time: Tue, 26 Nov 2024 09:41:30 +0000
Post From: Replay is skipping days?
| [2023-12-17 06:03:33] |
| j4ytr4der_ - Posts: 938 |
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Gotcha. Usually when people say "mean reversion" they literally mean the expect price to return to wherever the mean of price happens to be *right now*, without regard for the fact that it's moving and price may very well reach it - because it moved to price. I would say you're on the right track with looking for static levels that price will revisit. This is now the cornerstone of every bot idea I develop. What is a level that I can prove has a reasonable frequency of being reached, that can also have order flow to support it. Things like the IB high/low, overnight high/low, certain TPO artifacts, etc. It starts from the target, and if the historical data supports the idea that the level in question does get re-traded with high frequency, then it becomes worth looking deeper and developing a setup to trade it. |