OPEN-SOURCE SCRIPT
Mean Reversion Setup LliterH
█ OVERVIEW
The Mean Reversion Setup LliterH is an institutional-grade algorithmic system optimized for high-timeframe trading on major indices (S&P 500, Nasdaq) and Gold (XAUUSD). This strategy identifies extreme statistical price dislocations and is specifically validated for the 4-hour (4H) and Daily (1D) intervals to reduce market noise and capture significant swing moves.
█ STRATEGY PERFORMANCE (Backtest 2006–2026)
In accordance with professional transparency standards, this strategy provides a robust statistical sample size of over 1,200 trades. The following metrics represent the "Risk-First" philosophy of this system:
Max Drawdown : 14.82% — This is the primary risk metric. Every trader must be psychologically prepared for this "dragon" before the equity curve ascends.
Profit Factor: 2.104
Win Rate: 73.05%
Total Trades: 1,232
█ THE LOGIC
The system operates on the confluence of price dislocation and internal candle weakness:
Pine Script®
Pine Script®
█ EXECUTION & FEATURES
*Multi-Leg Exit: Features a momentum-based recovery exit (Leg 1) and an ATR-based trailing stop (Leg 2) to maximize profit during extended runs.
*Hard Stop Protection: A fixed $2 \times ATR$ emergency stop-loss protects the full position against extreme volatility.
*Automation Ready: Includes pre-configured alert logic for seamless integration with PineConnector (MT4/MT5)
█ RECOMMENDATION & COMPLIANCE
This script adheres to all TradingView requirements for professional publication. While the Win Rate is 73.05%, it is vital to respect the 14.82% Drawdown as the "cost of entry." Professional trading requires discipline during drawdown periods to achieve long-term statistical goals.
█ DISCLAIMER
Past performance is not indicative of future results. Trading indices and commodities involves significant risk of loss. This script is provided for educational and technical analysis purposes only. Always perform your own due diligence before live execution.
The Mean Reversion Setup LliterH is an institutional-grade algorithmic system optimized for high-timeframe trading on major indices (S&P 500, Nasdaq) and Gold (XAUUSD). This strategy identifies extreme statistical price dislocations and is specifically validated for the 4-hour (4H) and Daily (1D) intervals to reduce market noise and capture significant swing moves.
█ STRATEGY PERFORMANCE (Backtest 2006–2026)
In accordance with professional transparency standards, this strategy provides a robust statistical sample size of over 1,200 trades. The following metrics represent the "Risk-First" philosophy of this system:
Max Drawdown : 14.82% — This is the primary risk metric. Every trader must be psychologically prepared for this "dragon" before the equity curve ascends.
Profit Factor: 2.104
Win Rate: 73.05%
Total Trades: 1,232
█ THE LOGIC
The system operates on the confluence of price dislocation and internal candle weakness:
- Volatility-Adjusted Floor: Triggers when the price drops below a threshold anchored to the 10-period highest high and a 25-period average range.
- Internal Bar Strength (IBS): Filters for entries where the close occurs in the bottom 30% of the bar's range, confirming exhaustion.
- Regime Filter: Utilizes a 50-period Moving Average to block entries during structural downtrends, preventing "catching the knife" in bear markets.
█ EXECUTION & FEATURES
*Multi-Leg Exit: Features a momentum-based recovery exit (Leg 1) and an ATR-based trailing stop (Leg 2) to maximize profit during extended runs.
*Hard Stop Protection: A fixed $2 \times ATR$ emergency stop-loss protects the full position against extreme volatility.
*Automation Ready: Includes pre-configured alert logic for seamless integration with PineConnector (MT4/MT5)
█ RECOMMENDATION & COMPLIANCE
This script adheres to all TradingView requirements for professional publication. While the Win Rate is 73.05%, it is vital to respect the 14.82% Drawdown as the "cost of entry." Professional trading requires discipline during drawdown periods to achieve long-term statistical goals.
█ DISCLAIMER
Past performance is not indicative of future results. Trading indices and commodities involves significant risk of loss. This script is provided for educational and technical analysis purposes only. Always perform your own due diligence before live execution.
Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.