This indicator calculates sample autocorrelation across multiple lag intervals for a selected price series. It computes correlation values over a user-specified lookback period using raw prices, log returns, absolute log returns, or squared log returns. Plotte
Pine Library · 657 open-source scripts
Free Mean Reversion Pine Scripts (page 6)
Open-source Pine scripts that bet on a stretched price returning to its average: band fades, oscillator extremes and statistical tools.
Pine scripts657
Code shown here317open licence
Updated in a year411
No repaint flag586
Mean reversion: Indicators, Strategies and Libraries
This indicator plots standard Bollinger Bands directly on the price chart using a simple moving average and standard deviation bounds. It displays filled background channels between the center moving average and the outer bands. Optional mean-reversion signal
This mean-reversion trading strategy targets XAUUSD during the Asian trading session. It generates buy signals when price touches the lower Bollinger Band and RSI is oversold, and sell signals when price reaches the upper band and RSI is overbought. Trades are
This strategy calculates a rolling volume-weighted average price and Chris Moody's Williams Vix Fix to detect market bottoms and oversold volatility spikes. It plots in a separate pane and colors chart bars based on filtered exhaustion criteria and price actio
A strategy that classifies each bar as bull or bear trend, bull or bear expansion, chop or neutral using EMA slope, ADX and an ATR ratio, with an optional higher timeframe EMA bias. Depending on the regime it uses trend pullback entries, expansion breakout ent
A Pine v6 strategy for crypto charts that looks for an RSI oversold setup together with a Fibonacci-spaced Bollinger Band setup, then waits for a reclaim as confirmation. Optional filters include a trend moving average on the chart and a higher timeframe, a vo
A long-only strategy template meant to send webhook alerts to an external bot. It enters on a fast and slow EMA cross with a volume surge while RSI is below the overbought level, or on an oversold RSI at the lower Bollinger Band with a volume surge. Each entry
A separate-pane indicator that takes a selectable moving average of price, converts it to a Z-score over a lookback, and draws it against dynamic standard deviation bands with separate positive and negative multipliers. It can be read as a trend-following sign
This strategy trades XAUUSD on the one-hour chart. It builds a scaled Vortex oscillator from directional movement and flags bars that leave an upper or lower extreme with a matching candle. Entries also need ADX at or above a set minimum and a swing-pivot tren
A strategy version of the QUANT-OMEGA regime and ensemble signal. It classifies the market with ADX and ATR, scores trend, mean-reversion and breakout signals into a confidence value, and enters only above set thresholds. Stops and targets are ATR multiples. P
A futures strategy for 30-minute charts that fades extreme moves away from a daily-reset VWAP. It looks for price beyond a configurable number of standard deviations from VWAP, a short RSI in oversold or overbought territory, and an ADX reading below a maximum
Estimates the Hurst exponent with detrended fluctuation analysis on log returns, indicating whether recent price behaviour leans toward trending or mean reverting around a 0.5 mid line. Inputs set the sample size, base and maximum scales, an optional smoothing
A separate-pane indicator for counter-trend reversal setups that are filtered by a baseline EMA trend. A bearish setup needs price at a wide upper Bollinger Band, high volume or an overbought RSI, and a rejection wick; the bullish setup mirrors this. In a stro
This strategy fades opening gaps on ES during the New York regular session and draws on the price chart. It checks the gap against a minimum percentage, a minimum point size, and an optional ATR multiple, then uses a five-, fifteen-, or thirty-minute opening r
A short-only strategy for the price chart. It enters a short when the high pokes above the upper Bollinger Band, the candle body is small relative to its range, MACD is above zero and an optional session window allows trading. The stop sits one ATR multiple ab
An overlay that finds pivot highs and lows over an adjustable lookback, stores them, and tries to draw blue trend lines between consecutive pivots. It then marks Buy or Sell labels when a line has been touched within one percent for the chosen number of recent
This long-only strategy buys when a short 3-period RSI crosses back above an oversold level of 35, provided the 14-period RSI is above 40 and price is above a 150-period EMA. It closes the position when price crosses under a 9-period EMA or falls below an 89-p
An indicator on the price chart that shades the background green when a possible dip bottom forms. It looks for RSI turning up from a local low while the earlier RSI reading sits below a buy threshold, combined with MACD either flattening its decline or turnin
This strategy divides a fixed price range between an upper and a lower limit into equally spaced grid levels and plots them on the price chart. It marks a buy when price crosses down through a grid and a sell when price crosses up through a grid, using either
3C QFL Mean Reversal is a strategy based on the Quickfinger Luc (QFL) trading methodology. It identifies breakdown buying opportunities below established price base levels and enters mean-reversion trades. The strategy includes multi-safety order DCA scaling,
Greeffer BB Strategy is a volatility-based mean reversion system that calculates Bollinger Bands using price and standard deviation. It generates long and short signals when price crosses the upper and lower bands respectively. Entries are filtered with RSI(14
This strategy is a multi-strategy backtesting engine that draws entries and exits on the price chart. The user picks one approach, including Connors RSI-2, z-score mean reversion, EMA and MACD momentum, Bollinger squeeze, VWAP reversion, Supertrend, Ichimoku,
This intraday strategy executes trades using dual EMA crossovers and RSI mean-reversion near VWAP. Designed primarily for 5-minute index futures charts like ES and MES, it offers momentum entries on fast and slow EMA crosses confirmed by VWAP, as well as count
This long-only strategy identifies mean-reversion dip opportunities within established uptrends on daily charts. It opens a position when price is trading above a simple moving average and the Relative Strength Index (RSI) crosses back above a specified overso
This strategy buys after a sharp down bar with a long lower wick. It opens one long when the lower wick exceeds the candle body by the pin-bar ratio and the one-bar close change falls past the decline threshold. Size defaults to the full account equity. While
Strategy Examples is a Pine Script strategy template demonstrating multiple classic technical trading approaches directly on the price chart. It incorporates a moving average crossover system using SMA or EMA, an RSI mean reversion model operating on overbough
An overlay for the S&P 500 index that measures the opening range over an observation window, classifies the day as volatile or not by comparing that range with the daily ATR, and projects high and low boundaries for the session. Reversal signal triangles appea
Calculates a z-score of the log price ratio between two crypto pairs, chosen from three Kraken combinations, and shows it in a separate pane. Over a lookback of 168 bars it flags entry when the absolute z-score passes 2, exit when it falls to 0.5, a stop at 3.
This strategy detects bullish and bearish engulfing candles, hammers, shooting stars, and morning stars from current and prior bar bodies. It enters long when a bullish pattern occurs while price is below a simple moving average, and short when a bearish patte
A counter-trend strategy that fades price when it reaches a Pivot Point SuperTrend band, selling into upward stretches and buying into downward ones. Signals can fire on a touch of the band, on a regime flip, or both. Optional filters use the opening range of
An overlay that trades pullbacks to VWAP in the direction of a higher-timeframe EMA trend. In an uptrend with VWAP rising it signals a buy when price dips back to VWAP, and in a downtrend a sell when price rallies to it. A stricter grade needs price to have st
Applies a Kalman filter to the chosen price source to produce a smoothed estimate of the underlying price level, drawn on the main chart. Process noise and measurement noise inputs control how quickly the line adapts versus how smooth it is. Optional uncertain
A long-only strategy that reads Bitcoin daily closes through request.security and compares them with a 30-day simple moving average widened by a slippage percentage. It buys when Bitcoin falls below the lower offset line and closes the position when Bitcoin ri
An indicator for four-hour charts that builds a rolling VWAP with standard deviation bands. A long signal appears when one bar closes below the lower band and the next closes back above it, and the reverse for shorts. Filters skip trades when ATR volatility is
This intraday strategy identifies mean-reversion fade setups around the previous day's high and low (PDH/PDL). Operating within a configurable morning session window, it seeks rejection setups confirmed by volume spikes above an average threshold. Trades use s
MACD Divergence - Reversal Hunter detects regular and hidden divergences between price action and the MACD line using pivot points. It generates buy signals on bullish divergences and sell signals on bearish divergences, with optional RSI filter for overbought
An indicator in a separate pane that divides price by trailing twelve month diluted earnings per share to get a price to earnings series, then wraps it in Bollinger-style bands. The basis can be an SMA, EMA, SMMA, WMA or VWMA of the chosen length, with upper a
This strategy computes a smoothed Stochastic RSI and compares it with a signal line taken from the four-hour timeframe. It goes long when the four-hour reading is above its signal, the chart reading crosses up through 30 and price is above an exit EMA. It goes
Greeffer BB Strategy is a mean-reversion strategy that combines Bollinger Bands with the Relative Strength Index. It enters long positions when price crosses below the lower band with RSI above 30, and enters short positions when price crosses above the upper
Simpleton v0.01_Claude is a multi-strategy trading engine designed for crypto markets that plots directly on the main price chart. It allows traders to execute individual strategies or combine signals into a multi-consensus model from up to twelve systems, inc
This strategy calculates a short-term Relative Strength Index (RSI) oscillator to identify mean-reverting conditions. It triggers a long entry when the RSI drops below a customizable oversold threshold and a short entry when it rises above an overbought level.
This long-only strategy overlays a slow simple moving average and Bollinger bands on the price chart and uses RSI as a filter. It enters when the close is at or below the lower band and RSI is at or below the oversold input, and it closes when the close is at
This strategy combines Williams Vix Fix calculations with Stochastic and RSI indicators to identify potential market bottoms. It calculates synthetic volatility using standard deviation Bollinger Bands and percentile thresholds on the Williams Vix Fix. Long en
An indicator that reads open, high, low, close and volume for a chosen symbol from a Pine Seeds repository, set by owner and repository inputs, and plots the seed close on the chart. It adds a simple moving average of the seed close with optional one standard
An overlay that marks reversal entries and exits for same-day index option trades on five-minute bars. Entries need a stochastic reversal cross, an EMA trend filter, a cooldown and a time window, and must pass a confluence score, a VIX stand-aside gate, an opt
A signal-only indicator that looks for exhaustion after a run of consecutive same-colour candles ending in a doji. A top needs bullish candles with RSI overbought and a new high versus recent bars; a bottom mirrors this. A separate news mode flags unusually la
This long-only strategy buys short-term oversold dips only inside a strong uptrend: price above a rising 200-period SMA and within a set percentage of its one-year high. Entry needs a two-period RSI below a threshold, then an up-close, and volatility below an
A strategy that rests a limit order at the session VWAP when a higher-timeframe 50 and 100 EMA stack shows an uptrend, VWAP is rising and price is above it, with the mirror image for shorts. The stop is an ATR multiple beyond VWAP and the target is a fixed rew
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.
- 5Backtest a strategyStrategy Tester settings that keep results honest.
- 6Send alerts to MT4 or MT5From a TradingView alert to an order in MetaTrader.
- 7What Pine Script isThe language, what it can and cannot do, and where to start.
- 8Write your first indicatorA complete script, line by line, in the Pine Editor.
- 9Read a script before you trust itA routine for checking inputs, logic and red flags.
- 10Edit a script safelyChange colours and lengths, add a filter or an alert.
- 11Pine Script alertsalertcondition(), alert(), placeholders and webhooks.
- 12Build a crossover strategyAn EMA cross strategy with an ATR stop, ready to test.
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