Roc Mean Reversion (ValueRay)

This Indicator shows the Absolute Rate of Change in correlation to its Moving Average.
Values over 3 (gray dotted line) can savely be considered as a breakout; values over 4.5 got a high mean-reverting chance (red dotted line).

This Indicator can be used in all timeframes, however, i recommend to use it <30m, when you want search for meaningful Mean-Reverting Signals.

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Notes de version:

make the Indicator Levels generic

Notes de version:

Drawing negative Threshhold-Lines, hence Mean-Reversion can happen in both directions

Notes de version:

Better plotting

Notes de version:

Visual updates

Notes de version:

small tweaks

Notes de version:

- Updated to Version 5
- Choose Colors
- Choose Levels
- Better default values

Notes de version:

• Small Tweaks
  

Notes de version:

• removed link (house rules policy)