chainvectorStrategyMeanRevert
Execute mean-reversion trades in range-bound markets by detecting RSI or Bollinger Band extremes, buying oversold and selling overbought levels to capture a return to the mean.
Instructions
Mean-reversion template: requires a choppy or quiet regime (never fade a trend) plus an indicator extreme — RSI oversold/overbought or a close outside the Bollinger bands. Long the oversold extreme, short the overbought one, back toward the mean.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| symbol | No | Binance symbol or base asset | BTCUSDT |
| interval | No | Indicator bar interval | 15m |
| rsi_oversold | No | RSI at/below this is oversold (long side) | |
| rsi_overbought | No | RSI at/above this is overbought (short side) |