Trend Following or Mean Reverting
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.
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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.