Intraday Reversal Predictor (Order-Safe) is an overlay strategy designed for regular trading hours reversal setups. It calculates daily-anchored VWAP standard deviation bands, RSI, and fast/slow EMAs. A composite scoring model aggregates band touches, momentum
Pine Library · 657 open-source scripts
Free Mean Reversion Pine Scripts (page 10)
Open-source Pine scripts that bet on a stretched price returning to its average: band fades, oscillator extremes and statistical tools.
Pine scripts657
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Mean reversion: Indicators, Strategies and Libraries
This strategy executes a recovery zone hedging system directly on the price chart. It initiates an initial position at periodic bar intervals when flat, setting a target take profit and an adverse recovery boundary. If the market moves against the position int
This strategy executes long trades during pullbacks within an established uptrend, plotting moving averages, entry prices, and stop levels on the price chart. It buys when the close is above the long-term simple moving average and below the short-term moving a
This mean-reversion strategy implements Larry Connors' 2-period RSI system. It enters long positions when price trades above a long-term simple moving average (default 200) and the 2-period RSI drops below 10. Optional short positions enter below the trend ave
A strategy that uses ADX to decide between two sub-strategies. In ranging conditions it fades asymmetric Bollinger Band extremes with a 200 EMA trend filter. In trending conditions it trades Donchian channel breakouts, protected by optional volume, candle rang
This strategy identifies potential reversal conditions using statistical bands derived from price extremes relative to moving averages and standard deviations. It enters long positions when a greed condition confirms over consecutive bars. Exits are handled vi
This strategy plots on the price chart and combines up to seven optional modules that vote for long or short conditions. The modules use a 20-period simple moving average, a five-period RSI, Bollinger Band squeezes, a simplified prior-bar break, stacked expone
This strategy plots the Williams Vix Fix indicator as a histogram in a separate pane to detect potential trend reversals. It calculates the Vix Fix value using a lookback period and standard deviation bands derived from Bollinger Bands on the Vix Fix. Multiple
This strategy implements a Quickfinger Luc mean-reversion trading model tailored for automated execution. It calculates base support levels and volume moving averages across timeframes to identify sharp price dips below established base levels. The script incl
A long-only strategy adapted from an academic study of intraday reversal. It measures the return over a ranking period given in minutes, skips a bar, and buys when that return falls in the lowest percentile of its own recent history, then holds for a set numbe
This strategy draws in a separate pane and trades intraday reversion toward a session VWAP. It builds that VWAP and its standard deviation from typical price and volume during New York regular hours, then converts close into a z-score. Shorts require the z-sco
Fear + Greed Reversal Projection measures market sentiment extremes by comparing price source values against historical highs and lows using standard deviation bands. It calculates fear and greed zones through simple or weighted moving averages. When market co
Alpy Vix is a strategy that calculates and plots the Williams Vix Fix indicator adapted for BIST stocks in a separate pane. It generates entry signals when the Vix Fix crosses upper bands or percentile ranges and meets filtered criteria based on price action s
A Pine v5 strategy that fades price at VWAP standard deviation bands on the price chart. A long needs the low to reach the lower band with an up candle, and a short needs the high to reach the upper band with a down candle. An optional filter counts how many r
This strategy identifies shorting opportunities by calculating Fear and Greed zones based on price extremums relative to moving averages and standard deviation bands. It measures price deviation from recent highs or lows to detect extreme market conditions and
Calculates the synthetic Williams VIX Fix indicator in a separate pane to detect market bottoms and volatility spikes. It computes standard deviation bands and percentile boundaries over customizable lookback periods, coloring histogram bars when volatility re
This strategy combines nine technical indicators including RSI, SuperTrend, MACD, Triple EMA, Bollinger Bands, Ichimoku, HMA, Swing Failure Pattern, and Z-Score. Each indicator votes on long or short direction, with a Dynamic mode that weights votes based on m
This strategy combines Bollinger Bands and the Stochastic Oscillator to identify oversold and overbought mean-reversion setups. It enters long when the close falls below the lower Bollinger Band with Stochastic %K under 20. It enters short when the close breac
A separate-pane oscillator that combines a Z-score of price with a Z-score of volatility into one score, then applies bands from a band length with separate positive and negative multipliers. A signal type setting chooses how it is read, and optional signs mar
Tn Adaptive Risk Regime v6 is a strategy that switches between mean reversion and breakout modes based on volatility regime. It compares ATR to its SMA over a lookback to classify high or low volatility. Low volatility triggers mean reversion by fading range e
This indicator calculates a normalized volatility oscillator plotted in a separate pane. It measures the distance between the closing price and a simple moving average, standardized by a scaled standard deviation band. The script plots the resulting ratio alon
A Pine v4 strategy that goes long when the MACD and the 14-period RSI are both rising while RSI is at or below an entry level. It can add to a long when RSI drops further below the previous entry, up to a maximum number of adds, and it can reopen longs. Longs
This mean-reversion strategy combines multi-timeframe exponential moving averages, Bollinger Bands, and the Relative Strength Index. It generates long and optional short trade signals when price interacts with the Bollinger Bands alongside RSI threshold confir
This indicator combines MACD and RSI to generate pullback signals on forex pairs. It plots MACD line, signal line and histogram alongside RSI and Wave Trend oscillator. Higher-timeframe MACD provides trend bias while RSI identifies overbought and oversold zone
This strategy combines the Williams Vix Fix oscillator with volume-weighted moving average (VWMA) bands to identify reversal entries. It plots the VIX Fix histogram and optional Bollinger and percentile bands in a separate pane. Long entries trigger when the o
CTC BB Hedge Strategy calculates the Pearson correlation coefficient between the close prices of two symbols to determine market alignment. It applies Bollinger Bands to the primary symbol for mean-reversion signals while optionally filtering with a moving ave
A strategy that switches logic by volatility regime, measured as the percentile rank of ATR as a percent of price over 200 bars. In low volatility it buys RSI below 30 and sells above 70. In the middle regime it follows a 20 and 50 EMA crossover, with longs al
The Mean Reversion Strategy Template calculates a baseline mean using SMA, EMA, or VWAP alongside upper and lower deviation bands based on standard deviation, ATR, or percentage offsets. It generates long and short entries when price touches, bounces from, or
A strategy in a separate pane built on the WaveTrend oscillator. It enters long when the fast line crosses above the slow line while below the second oversold level, and short on a downward cross while above the second overbought level. Positions close on the
A Pine v4 indicator in a separate pane that shows how far the close is from a daily-reset volume-weighted average price. It rebuilds VWAP from the chosen source, typical price by default, restarting each day, then plots the close divided by VWAP minus one, so
This price-chart strategy measures the distance from the current price to the opposite end of the latest fair value gap and enters on the idea that price fills much of that gap. Take profit is set toward a large share of that distance, with a wider stop meant
This strategy builds a linear-regression midline of close and places upper and lower bands at a multiple of close standard deviation. It enters long when price is below the lower band and the close rises versus the prior bar, and short when price is above the
Calculates a reversal confidence score combining Bollinger Band overextension, RSI exhaustion, and price distance from a exponential moving average. The strategy overlays VWAP, EMA, and Bollinger Bands directly on the price chart. Long signals trigger when pri
This overlay indicator estimates intraday reversal probabilities from a daily session VWAP and its standard-deviation bands. It scores upside and downside setups with RSI extremes, band touches, a 9/21 EMA relationship, and candle direction, then reduces a sco
A Pine v4 strategy that goes long when a MACD bottoming pattern or an RSI bottoming pattern below 30 appears while price trades under a VWAP band set half a percent below the close. It can add to longs on further RSI bottoms up to a maximum, reopen longs, and
This indicator plots VWAP of the typical price and upper and lower bands from a rolling standard deviation of price versus VWAP. It scores possible downside and upside reversals from RSI extremes, band touches, a 9-period versus 21-period EMA, and candle direc
Calculates the distance between the current price and the opposite end of the latest fair value gap, entering trades on the expectation that price will partially fill the gap. It incorporates risk management with customizable stop loss, take profit based on ri
The FairValueGap F004 strategy trades fair value gap fills with automated risk management and Zignaly webhook integration. It calculates the distance between the current price and the opposite end of a recently created gap, entering positions with the expectat
This strategy draws on the price chart and identifies mean-reversion opportunities around daily volume-weighted average price (VWAP) bands. It enters long positions when the price crosses above the lower band while the Relative Strength Index indicates oversol
A strategy that trades around an anchored VWAP with standard-deviation bands. The VWAP can reset each session, week, month, quarter or year, with two adjustable band multipliers. A volume spike filter, a time-of-day filter with an optional lunch-hour exclusion
Calculates a composite carry and decay oscillator fusing impulse-autocorrelation half-life, a Hurst exponent approximation, path efficiency, and range expansion ratios. It evaluates whether an impulse is likely to persist or mean-revert, plotting the oscillato
This strategy calculates a smoothed Relative Strength Index and plots self-adjusting linear regression bands with overbought and oversold boundaries in a separate pane. It enters long positions through dollar-cost averaging orders scaled across market phases a
This strategy plots directly on the price chart, drawing a multi-line stepped channel calculated from a simple moving average of OHLC4 expanded by Average True Range multipliers. It identifies potential mean-reversion setups, executing buy, sell, trim, and exi
Z-Score Lab plots the simple moving average of close and bands at one and two standard deviations on the price chart, and computes the current z-score of price versus that mean. On the last bar it stores a rolling sample of z-scores and shows a histogram table
Leptokurtic Directional Bias is an overlay indicator that measures kurtosis on a chosen source and marks directional bias on the price chart. The source can be a moving average, ATR, volume, close, or a Bollinger-band trend stop. Bias mode switches among RSI m
Calculates a combination of the Relative Strength Index, MACD histogram, and Bollinger Bands contraction to identify long trade entries. The strategy signals a long position on a bullish bar when the MACD histogram turns upward while negative, RSI remains belo
The strategy identifies mean reversion opportunities using the RSI indicator. It calculates RSI with customizable length and generates long entries on RSI crossover above the oversold level and short entries on crossover below the overbought level. Entries are
This strategy executes an opening-range liquidity fade based on the first candle of a session. It qualifies the opening range against the daily ATR to confirm manipulation or liquidity spikes. If qualified, it searches for reversal candlestick patterns, such a
More Pine Script Categories
Third-party code. ForexR lists open-source Pine scripts from GitHub; it did not write, test or endorse them, and their summaries are generated automatically from each script's code and README. Indicators describe the past, and a strategy's backtest can look better than live trading. Check a script on a demo account before you rely on it. CFDs and leveraged forex are complex instruments with a high risk of losing money rapidly.
Learn to Use Pine Scripts
Free, plain-English guides: add a script to TradingView, read what it does, test it and avoid the common traps.
- 1Using this librarySearch, filters, licences and what the badges mean.
- 2Add a script to TradingViewCopy, paste into the Pine Editor, save and add to chart.
- 3Indicators, strategies and librariesWhat each type does and how to tell them apart.
- 4Spot a script that repaintsWhy some signals change after the bar closes.
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- 7What Pine Script isThe language, what it can and cannot do, and where to start.
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- 11Pine Script alertsalertcondition(), alert(), placeholders and webhooks.
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