Mean Reversion Strategy — Pine Script & ThinkScript

Mean reversion is based on the statistical observation that extreme price deviations from a long-run average tend to be temporary. Just as a stretched rubber band snaps back, overextended prices tend to return to their mean over time. This principle is especially reliable in markets that exhibit stationary or co-integrated behaviour.

What's included:

• Pine Script (TradingView)
• ThinkScript (thinkorswim)
• Setup documentation