OPEN-SOURCE SCRIPT
Katana Signal AUDCAD Entry Indicator2
AUDCAD Mean-Reversion Signals — Automated with Katana EA (MT4)
This indicator plots entry signals for a mean-reversion
strategy on AUDCAD 30min.
HOW IT WORKS:
- RSI oversold/overbought extreme
- Parabolic SAR confirms on prior closed bar (no repainting)
- Both conditions must align simultaneously
WHY AUDCAD:
AUD and CAD are commodity currencies that move together.
When they temporarily diverge, mean-reversion has structural
reasons to work.
AUTOMATED VERSION (Katana EA v1.4) on MT4:
- Dynamic lot sizing
- 51-month backtest: +6,717% / 96.5% win rate
- Every Tick mode, 90% modelling quality
See profile for EA details and free trial link.
This indicator plots entry signals for a mean-reversion
strategy on AUDCAD 30min.
HOW IT WORKS:
- RSI oversold/overbought extreme
- Parabolic SAR confirms on prior closed bar (no repainting)
- Both conditions must align simultaneously
WHY AUDCAD:
AUD and CAD are commodity currencies that move together.
When they temporarily diverge, mean-reversion has structural
reasons to work.
AUTOMATED VERSION (Katana EA v1.4) on MT4:
- Dynamic lot sizing
- 51-month backtest: +6,717% / 96.5% win rate
- Every Tick mode, 90% modelling quality
See profile for EA details and free trial link.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.