Best Mean Reversion Strategy:
Before we get to that point, first and foremost, let’s see what tools we need to use for this strategy.
The best mean reversion indicator that works 85% of the time is the RSI indicator.
So, you will need the RSI oscillator on your charts.
Now, there is one more important thing that needs to be done. The RSI settings must be changed...
Simple Trading Strategy > 10/20 SMA > Basic Education
Chart: EURUSD
Timeframe: Any
Indicators: 10 SMA / 20 SMA
10 SMA = Faster
20 SMA = Slower
If 10 SMA crosses 20 SMA to the downside = downtrend probable
IF 10 SMA crosses 20 SMA to the upside = uptrend probable
Very basic only ... be aware of false breaks/breaches, etc. This is a very simple strategy which...