Mean Reversion Trading Strategy for a High Win Rate (includes FREE CODE!)

In this video I give away the rules to a Mean Reversion Trading Strategy with a win rate over 82%. I'll show you some of the development process and then exactly how I programmed or coded the strategy for MultiCharts.

The code is extremely similar to that of Tradestation too.

All the testing is done using MultiCharts.

Data is from Oanda.

DISCLAIMER:

I am not a financial advisor and I am not offering you financial advice. I am not regulated in any way. The purpose of the content I provide is for educational purposes only.

Any information you receive is based on my own knowledge and experience in the financial markets and how you act on the information provided is your own responsibility.

I cannot be held responsible for any losses you may incur as a result of ideas taken from my content provided.

[matteoschilcher]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

[rikeskull]

Great work 👍, I keep saying that trading and investing is very profitable and safe with the right help and guidance

[fxsurgeon]

300 or so trades in a 10 year period is so low… Would love to see a 5- or 15-min strategy which trades thousands of times per year and has a positive equity curve.

[seankw]

Like your videos, better than 99% of the Youtube trading content trash. I like you share strategy details and backtest. The backtesting looks a bit "overfitty" though, since you just optimize a bunch of paramter. Doing so will usually give you some great combinations that fit historic data. Do you perform any evaluations to see if the optimal parameters also work on data it was not optimized on?

[Kevin]

Another terrific video, Jarrod! Thanks so much. Have you tested any other pairs using this same strategy?

[sheilanfc]

Thank you, it is very helpful for me who is studying in the Nusantara FX Community class

[MosquitoSoftware]

Great video. Create one video as well how to set new MC so all matches your tests and charts.

[wayneflint]

Top video. The programming clearly explained. I'm going to plug into MC's right now. Give 4H and 120m. Well done, Jarrod! I wonder if it will run on metals???

[sndtrader]

Fantastic and very informative as always. More coding please! Jarrod 🙏

[Arnocdj]

why do i have bad result backtesting the strategy on trading view ?

[AlfredoGuerra-rb]

Nice video! In this strategy, what happens to the SL/TP if the other exit is hit? I mean, does Multicharts delete the SL/TP automatically? Moreover, are the entries and exits limit orders or market orders? Thanks!

[Umbyonline]

Dear Jarrod, I tried a variation to your trading system regarding shorts by setting the following condition: ((high - close) > 0.20*(high - low)) and not <. In this way, the backtest, at least from 2019 onwards, gives better results (input: Stoploss 250 Pips and Profittarget 150 Pips). Before 2019 I can't go.

[Henry-zwys]

Interesting video and thanks for sharing. Since the strategy is relatively simple, as a test I coded this in MQL5 as an EA on MT5. It is not profitable on any TF lower than 12H. Even on daily bars, I'm not getting the results you're seeing. For example, for 2015-2023 I am getting a win rate of 18%, profit factor of 0.97, so almost break-even. This using a SL and TP on the SMA cross, since not doing so results in even worse results.

[ac-gpkz]

Thanks Jarrod, will give this one a try.

[andymarion]

It’s always a pleasure to hear your considerate and reason critique, whether the market is bullish or bearish, I don’t care trading works well for me because I was able to raise over 7 figures when I started with a range of 4 figures in only a few months by putting into practice the advice of my professional trader. Instead of timing the market, by getting in and out every couple of weeks, I trade a little portion of my portfolio with the guidance and assistance of John Desmond Heppolette..

[mbrowne]

what is the next language and strategy you will be introducing next.

[DinJing]

Hi Jarrod, it seems to me that many strategies generate similar entries and exits. Would you mind telling us how many you run simultaneously to produce a meaningful number of trades without overexposing the account in a particular direction? Also, have you come across any mechanical strategies that work for time frames lower than 1H?

[nancypinancypi]

Hey there,
Are you institution trader or retail trader ?

[miraluis]

📌 Nice video, love how you take your time to educate your viewers. You gave me the mindset to invest my savings now I have made profits over $120k Right Now and still making more, I am enjoying a good life with what I made investing Indeed, building a portfolio income through a licensed investment adviser is one out of many ways to earn passive income.

[urban]

Nice one! Do you have a course on Mukticharts and Strategies/Coding?