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(binned per thread starter’s request) reversionX: A Rule-Based

  • #341
  • Jun 18, 2025 10:26am Jun 18, 2025 10:26am
Quoting rishee
Lets see how it plays out {image}
Take profit hit... Shared this trade live, hopefully someone took this
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There is no holy grail in trading – only discipline, consistency and edge.
  • #342
  • Jun 18, 2025 10:51am Jun 18, 2025 10:51am
Trade Breakdown — as always, no cherry-picking here. Every valid setup is included, win or loss.

  1. Trade 1: -1R
  2. Trade 2: +2R
  3. Trade 3: +2R
  4. Trade 4: 0R / +2R (depends on management)
  5. Trade 5: -1R
  6. Trade 6: +2R

Conservative Outcome: +4R
Aggressive Outcome: +6R

Quick Note: Trade 1 came just after the Asian open, and Trade 5 right after the New York open — both were losses. I’ve included them intentionally to avoid any hindsight bias. Whether you’d take them depends on your session filters and risk tolerance, but they’re valid setups by the book.

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There is no holy grail in trading – only discipline, consistency and edge.
  • #343
  • Jun 18, 2025 11:20am Jun 18, 2025 11:20am
London session trades today.
Took a more risk averse approach today with there being lots of news releases (GBP CPI, USD Unemployment Claims, and Fed Funds Rate)
1: 0R. Trade skipped as price had moved to the baseline
2: +2R
3: 0R. Breakeven trade for me as I moved stoploss to breakeven on the second bullish candle following entry. Could've held for +2R.
4. 0R. Another breakeven trade which could've been held to +2R
5. -1R.
Overall: +1R
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  • #344
  • Jun 18, 2025 11:29am Jun 18, 2025 11:29am
Quoting colmconneely
London session trades today. Took a more risk averse approach today with there being lots of news releases (GBP CPI, USD Unemployment Claims, and Fed Funds Rate) 1: 0R. Trade skipped as price had moved to the baseline 2: +2R 3: 0R. Breakeven trade for me as I moved stoploss to breakeven on the second bullish candle following entry. Could've held for +2R. 4. 0R. Another breakeven trade which could've been held to +2R 5. -1R. Overall: +1R {image} {image} {image} {image} {image}
Awesome breakdown! Just one question—curious, not criticizing—why did you move Trades 3 & 4 to breakeven after 1R, but not Trade 5?

If you had let all the trades either hit full TP or SL, the total would’ve been +5R. But if you had moved all to breakeven at 1R, it would’ve been +2R. Just trying to understand the thought process!
There is no holy grail in trading – only discipline, consistency and edge.
  • #345
  • Jun 18, 2025 1:19pm Jun 18, 2025 1:19pm
Quoting Detto
Is this correct ? {image}
Would you mind sharing the MT4 template with indicators, Detto?
  • #346
  • Jun 18, 2025 1:56pm Jun 18, 2025 1:56pm
Quoting bopuc
{quote} Would you mind sharing the MT4 template with indicators, Detto?
Yeah.... that would be great
There is no holy grail in trading – only discipline, consistency and edge.
  • #347
  • Jun 18, 2025 2:06pm Jun 18, 2025 2:06pm
Hey Rishee,
Really enjoyed this thread — it actually lines up pretty closely with how I see the market too. In simple terms, price usually wants to return to its average once it gets stretched too far in either direction.
You might want to look into Bollinger Bands a bit deeper. There’s this concept called BBMA by Oma Ally that really nails this idea — it’s all about spotting extremes or turning points and using them to time your entries more precisely.
  • #348
  • Jun 18, 2025 2:14pm Jun 18, 2025 2:14pm
Sorry for my bad english, but i wanna ask is the dot in the TTM Squeeze indicator important? because i see all your trade recap and im very thankful for it. not matter what dot is displayed on the indicator the strategy is only required to entry when the 2 blue bars appear for shorts and 2 yellow bars for longs. i simply ask this because i was merging MACD and TTM Squeeze into one indicator because.. yk you can only use 2 indicators without subscription. this is what it looks like

Attached Image (click to enlarge)
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i know its little bit confusing too see but if u used to it its actually easy to identify the 2 bars that overlapped, but the dot does make it difficult too look at. im planning to remove the dot and i just wanna ask does it really matter if i remove it? i will keep seeing this thread since i was interested to journal this strategy and forward test it.
  • #349
  • Jun 18, 2025 2:47pm Jun 18, 2025 2:47pm
Quoting dhruvchaddha
Hey Rishee, Really enjoyed this thread — it actually lines up pretty closely with how I see the market too. In simple terms, price usually wants to return to its average once it gets stretched too far in either direction. You might want to look into Bollinger Bands a bit deeper. There’s this concept called BBMA by Oma Ally that really nails this idea — it’s all about spotting extremes or turning points and using them to time your entries more precisely.
Hi Dhruvchaddha, glad you enjoyed the thread! You're absolutely right — price often behaves like a rubber band: when it stretches too far from its average, it tends to snap back. That’s the essence of mean reversion.

I’m definitely aware of BBMA — it’s a refined approach that combines Bollinger Bands with multiple moving averages to catch extreme zones and re-entry points. Especially for traders who lean on structure and visual timing, it’s a solid framework.

That said, I built reversionX with a slightly different philosophy. It’s still rooted in mean reversion, but it’s designed to be fully systematic — using Bollinger Band re-entries confirmed by StochRSI, RSI thresholds, MACD histogram momentum, and TTM Squeeze compression. It removes guesswork and focuses on high-quality, repeatable signals.
There is no holy grail in trading – only discipline, consistency and edge.
  • #350
  • Jun 18, 2025 2:49pm Jun 18, 2025 2:49pm
Quoting bopuc
{quote} Would you mind sharing the MT4 template with indicators, Detto?
Sure, I will in the morning , just still busy putting everything together
  • #351
  • Jun 18, 2025 2:53pm Jun 18, 2025 2:53pm
Quoting OrderBlow
Sorry for my bad english, but i wanna ask is the dot in the TTM Squeeze indicator important? because i see all your trade recap and im very thankful for it. not matter what dot is displayed on the indicator the strategy is only required to entry when the 2 blue bars appear for shorts and 2 yellow bars for longs. i simply ask this because i was merging MACD and TTM Squeeze into one indicator because.. yk you can only use 2 indicators without subscription. this is what it looks like {image} i know its little bit confusing too see but if u used to...
No worries at all — your English is totally fine, and I appreciate the thoughtful question!
You're right: the blue bars for shorts and yellow bars for longs are the key momentum cues in the strategy. The dot from the TTM Squeeze is important mainly as a context filter.

  1. If it’s a green dot (squeeze just fired), I personally prefer to wait for 2 momentum bars (blue/yellow) to confirm direction — it adds more confidence.
  2. If it’s any other dot (black, red, orange), and momentum is clear, you might be okay entering after just one bar, but that’s more discretionary and depends on your risk tolerance.

This post might add more context - https://www.forexfactory.com/thread/post/15252789#post15252789

There is no holy grail in trading – only discipline, consistency and edge.
  • #352
  • Jun 18, 2025 3:06pm Jun 18, 2025 3:06pm
Quoting rishee
{quote} Awesome breakdown! Just one question—curious, not criticizing—why did you move Trades 3 & 4 to breakeven after 1R, but not Trade 5? If you had let all the trades either hit full TP or SL, the total would’ve been +5R. But if you had moved all to breakeven at 1R, it would’ve been +2R. Just trying to understand the thought process!
Unfortunately wasn't able to actively monitor this trade so when I got back to my pc, price was just below breakeven and pretty much just decided to let it run after seeing how trades 3 and 4 went
  • #353
  • Jun 18, 2025 3:09pm Jun 18, 2025 3:09pm
Quoting colmconneely
{quote} Unfortunately wasn't able to actively monitor this trade so when I got back to my pc, price was just below breakeven and pretty much just decided to let it run after seeing how trades 3 and 4 went
Hmm... okay, that makes sense. I was just trying to see if you were following any other rules for your exits. Nonetheless, ending with net +1% isn't that bad anyway.
There is no holy grail in trading – only discipline, consistency and edge.
  • #354
  • Jun 18, 2025 4:26pm Jun 18, 2025 4:26pm
Quoting rishee
{quote} The backtesting was done across 24 hours.
  • #355
  • Edited 7:41pm Jun 18, 2025 5:03pm | Edited 7:41pm
Quoting Detto
{quote} ...
Not sure what you're trying to say. If you have feedback or criticism, feel free to share it—but please be clear and direct.
There is no holy grail in trading – only discipline, consistency and edge.
  • #356
  • Jun 18, 2025 7:28pm Jun 18, 2025 7:28pm
I’ll be traveling tomorrow and Friday, so I probably won’t be as active. However, please don’t hesitate to reach out with any questions, comments, feedback, or even to share your wins and losses. Every bit of input helps me improve and keeps the conversation going, so I really appreciate hearing from you all.
There is no holy grail in trading – only discipline, consistency and edge.
  • #357
  • Jun 18, 2025 7:44pm Jun 18, 2025 7:44pm
Nice setup entered a bit late... let's see how it plays..

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There is no holy grail in trading – only discipline, consistency and edge.
  • #358
  • Jun 19, 2025 1:00am Jun 19, 2025 1:00am
Here you go mt4ers
Attached Image (click to enlarge)
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Attached File(s)
File Type: ex4 !SM_Daily_HiLo.ex4   3 KB | 196 downloads
File Type: ex4 bbsqueeze averages (mtf + alerts + multi symbol).ex4   146 KB | 193 downloads
File Type: ex4 daily_open_line.ex4   2 KB | 191 downloads
File Type: ex4 MACD_OsMA_4ColorH_2LVar_mtf nmc.ex4   24 KB | 187 downloads
File Type: ex4 MQLTA MT4 Bollinger Bands With Alert.ex4   27 KB | 176 downloads
File Type: tpl X2tpl.tpl   19 KB | 187 downloads
  • #359
  • Jun 19, 2025 2:03am Jun 19, 2025 2:03am
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  • #360
  • Jun 19, 2025 2:04am Jun 19, 2025 2:04am
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