This strategy trades both long and short on the price chart. It enters long after a five percent or larger drop over the last thirty minutes and short after a matching rise. Two dollar-cost-averaging adds increase size when price moves against the position. A
Strategy · Pine Script v6 · On the chart
Crypto Mean Reversion
A long-only strategy ported from a bot, intended for five-minute crypto charts.
GitHub stars1on the repository
Pine versionv6current
Lines of code160
Settings19inputs
LicenceNone stated
Last update6 weeks ago14 Sep 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Crypto Mean Reversion buys dips when a reversal candle appears, a three-day trend gate is satisfied, and one of three paths holds: Z-score with RSI, Z-score with the lower Bollinger Band, or RSI with the lower band, each with its own volume floor. Exits use an ATR stop, a target at the SMA or a multiple of risk, a mean-cross exit, an overbought exit and a time limit. Presets and a date range are included.
- Three dip-buying entry paths
- Z-score, RSI and Bollinger Band conditions
- Three-day trend gate
- ATR stop, mean target and time exit
- Presets and backtest date range
Details
Published by
femibol on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Mean reversion, Scalping
Markets
Crypto
Timeframes
M1-M5
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Setting chain | string | Bot live config | preset |
| Limit backtest to date range | bool | false | useRange |
| Start | time | timestamp("1 Jan 2025 00:00 +0000") | rangeStart |
| End | time | timestamp("1 Jan 2027 00:00 +0000") | rangeEnd |
| Lookback (SMA / Z / BB / volume) | int | 20 | lookback |
| Entry Z-score | float | -1.2 | entryZIn |
| Mean-cross exit Z | float | 0.3 | exitZIn |
| RSI oversold | float | 45 | rsiOSIn |
| RSI overbought | float | 55 | rsiOB |
| Bollinger std | float | 2.0 | bbStd |
| Vol floor — path 1 (Z+RSI) | float | 1.1 | volFloor1In |
| Vol floor — path 2 (Z+BB) | float | 1.3 | volFloor2 |
Show all 19 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Vol floor — path 3 (RSI+BB) | float | 1.5 | volFloor3 |
| Trend gate lookback bars (864 = 3d on 5m) | int | 864 | trendBars |
| Trend gate min % gain | float | 2.0 | trendMinIn |
| ATR stop multiple | float | 2.0 | atrMult |
| Time exit (bars) | int | 20 | maxHoldBars |
| Min hold (bars) before signal exits | int | 1 | minHoldBars |
| Enable 3-day trend gate | bool | true | useTrendIn |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
Similar Pine Scripts
This is a Pine Script strategy that executes a fixed historical backtest on BTC-USD. It places multiple manual trades using strategy.order at specific timestamps and prices, with corresponding close conditions based on time. Some trades are long and some are s
The Enhanced DCA Strategy invests a fixed dollar amount at regular intervals (daily, weekly or monthly) into the asset after start date, deducting trading fees and tracking total invested, units acquired, current value, profit, ROI, Sharpe ratio, Sortino ratio
This strategy plots RSI on the price chart and enters a long when RSI falls below the oversold level or a short when it rises above the overbought level, only while flat. It exits with a take profit and stop loss measured in pips from the current close. Inputs
Greeffer's Scalping Strategy combines multi-timeframe Exponential Moving Averages, Bollinger Bands, and Donchian Channels to execute dip-buying trades directly on the price chart. It triggers long entries when price dips below both the lower Donchian Channel a
This strategy overlays trade setups directly on the price chart using fast, slow, and trend EMAs alongside RSI, ATR, ADX, and volume moving averages. It generates long and short signals through trend-pullback or mean-reversion logic, filtered across multiple t
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers