Watch how to download trading robots for free

Find us on Twitter!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

to pocket

Indiana Jones Mean Reversion EA - expert for MetaTrader 5

Views:

6999

Rating:

(6)

Published:

11 April 2025, 13:24

Updated:

13 April 2025, 07:16

MeanReversion.mq5 (4.82 KB) view

Download as ZIP How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

The strategy

go short when price hits n-lookback bars high targeting mean of n-lookback.
go long when price hits n-lookback bars low targeting mean of n-lookback.

This is a misleading simulation conducted on one-minute OHLC:

CTsLogger - Simple and Flexible Logger

A logger with the ability to log specific modules or code sections

Chande Kroll Stop

Chande Kroll Stop indicator - stop levels for short and long positions.

Candle Signature

Candle Signature with Example | For Research and Development

Kuskus Starlight

Kuskus Starlight is an oscillator that utilizes a Fisher price transformation to identify trends and potential reversals. The original MT4 code by Scriptor is available at: https://www.mql5.com/en/code/8365.

Indiana Jones Mean Reversion EA - expert for MetaTrader 5

Yashar Seyyedin