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

  • #361
  • Jun 19, 2025 2:20am Jun 19, 2025 2:20am
Risk free on EU, didnt take it as was almost UK open and was in another 2 trades
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  • #362
  • Jun 19, 2025 2:22am Jun 19, 2025 2:22am
Quoting Detto
{image}
Took me out on entrty
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  • #363
  • Jun 19, 2025 2:30am Jun 19, 2025 2:30am
Quoting rishee
{quote} 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...
what if we add a condition where the 5 or 10 MA is also either touching or outside the Bollinger Bands, along with price? Instead of just relying on price being outside the bands alone, having the MA confirm that overextension might filter out weaker signals and give more reliable extremes.
Could be worth testing — would love to hear your take on that idea.
  • #364
  • Jun 19, 2025 2:31am Jun 19, 2025 2:31am
Most likely would have closed this trade just shy of 2R as that grey dotted line is Daily open
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  • #365
  • Jun 19, 2025 2:40am Jun 19, 2025 2:40am
Gold risk free
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  • #366
  • Jun 19, 2025 2:57am Jun 19, 2025 2:57am
Quoting Detto
Gold risk free {image}
Closed gold on opposite signal 1and a bit R
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  • #367
  • Jun 19, 2025 3:02am Jun 19, 2025 3:02am
Quoting Detto
Most likely would have closed this trade just shy of 2R as that grey dotted line is Daily open {image}
Good decision on that would have closed
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  • #368
  • Jun 19, 2025 5:09am Jun 19, 2025 5:09am
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  • #369
  • Jun 19, 2025 5:18am Jun 19, 2025 5:18am
Wasnt at PC but would be Risk Free
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  • #370
  • Jun 19, 2025 5:26am Jun 19, 2025 5:26am
Quoting Detto
{image}
great charts!
  • #371
  • Jun 19, 2025 5:43am Jun 19, 2025 5:43am
Quoting Detto
Gold risk free {image}
Thanks Detto for your template and indis. What is the name of your EA on top and bottom right?
  • #372
  • Jun 19, 2025 6:14am Jun 19, 2025 6:14am
Quoting kofix11
{quote} Thanks Detto for your template and indis. What is the name of your EA on top and bottom right?
Hey kofix11

They arent EA,s top right is a position sizing indi and bottom right is spread and candle time
  • #373
  • Edited 7:10am Jun 19, 2025 6:53am | Edited 7:10am
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Rent
  • #374
  • Jun 19, 2025 7:10am Jun 19, 2025 7:10am
A Beauty !!!!!!!!
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  • #375
  • Jun 19, 2025 7:39am Jun 19, 2025 7:39am
Quoting dhruvchaddha
{quote} what if we add a condition where the 5 or 10 MA is also either touching or outside the Bollinger Bands, along with price? Instead of just relying on price being outside the bands alone, having the MA confirm that overextension might filter out weaker signals and give more reliable extremes. Could be worth testing — would love to hear your take on that idea.

Yeah, that’s a really interesting idea—definitely something I’ll keep in mind. Adding the 5 or 10 MA as a secondary condition alongside price touching or breaching the Bollinger Bands could help filter out weaker setups and confirm true overextensions more reliably. I’m currently working on a few other tweaks and tests, but this could definitely be a valuable addition to the mix. Appreciate you bringing it up—it’s these kinds of insights that really help push the strategy forward.
There is no holy grail in trading – only discipline, consistency and edge.
  • #376
  • Jun 19, 2025 8:20am Jun 19, 2025 8:20am
Quoting rishee
{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.
Sorry I thought you were joking cause it seems you have traded this method for a long time
  • #377
  • Jun 19, 2025 10:19am Jun 19, 2025 10:19am
Quoting Detto
{quote} Sorry I thought you were joking cause it seems you have traded this method for a long time
No worries at all—I totally understand, and honestly, I really appreciate you engaging. And just to clarify, I genuinely don’t mind criticism. It helps refine the approach and challenges my own thinking, which is always valuable.

As for how long I’ve been trading this method: I actually started with the basics—mainly Bollinger Bands and MACD. Over time, I began layering in other filters like the TTM Squeeze and additional confirmation tools to cut out noise and improve edge. It’s still evolving based on live market experience and feedback from traders…

Also, I just wanted to say—your charts have been seriously on point. They’re clean. If you’re comfortable with it, I’d love to highlight your post with mt4 template and indicators in the main post. It’ll be helpful for others and show how different traders are applying the strategy. Let me know what you think!
There is no holy grail in trading – only discipline, consistency and edge.
  • #378
  • Jun 19, 2025 11:01am Jun 19, 2025 11:01am
Today's trades:
1: -1R
2: -1R
3: -1R
4: +2R
5: -1R. Pretty frustrating since a wider stoploss would've meant we hit +2R
6: Still Open. Will probably move S.L to breakeven and call it a day

Total: -2R

Pretty tough day but we go again tomorrow.
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  • #379
  • Jun 19, 2025 11:04am Jun 19, 2025 11:04am
Quoting Detto
A Beauty !!!!!!!! {image}
Beautiful trades there! Please keep posting

Managed to take only one Gold trade today because I was busy at work. Price reached about 0.6R and reversed back down at the basis line to stop me out. If I had taken the previous three trades they were solid 2R winners
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  • #380
  • Jun 19, 2025 11:49am Jun 19, 2025 11:49am
Quoting rishee
{quote} No worries at all—I totally understand, and honestly, I really appreciate you engaging. And just to clarify, I genuinely don’t mind criticism. It helps refine the approach and challenges my own thinking, which is always valuable. As for how long I’ve been trading this method: I actually started with the basics—mainly Bollinger Bands and MACD. Over time, I began layering in other filters like the TTM Squeeze and additional confirmation tools to cut out noise and improve edge. It’s still evolving based on live market experience and feedback...
Yes of course you can !
I am also playing with some indicators to filter the bad signals and just to put the odds more in our favour.
I will probably post that extra indi and template tomorrow once I have done more testing so maybe wait until then otherwise newbies are going to loose their mind

David
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