From TradersList Editors
From TradersList Editors
Leverage this indicator to systematically identify and exploit mean-reversion opportunities with a reliable, data-driven strategy.
Leverage this indicator to systematically identify and exploit mean-reversion opportunities with a reliable, data-driven strategy.
MeanReversal Strategy: Backtesting Tool for NinjaTrader 8
MeanReversal Strategy: Backtesting Tool for NinjaTrader 8

by NinjaTrader_Jim on NinjaTrader

by NinjaTrader_Jim on NinjaTrader
🤖
🤖
MeanReversal Strategy NT8
MeanReversal Strategy NT8
MeanReversal Strategy NT8 is a NinjaTrader Indicator based on Anthony Garner’s 2019 backtested mean-reversion strategy, identifying assets that have moved to extremes from their mean for potential reversion.
MeanReversal Strategy NT8 is a NinjaTrader Indicator based on Anthony Garner’s 2019 backtested mean-reversion strategy, identifying assets that have moved to extremes from their mean for potential reversion.

Get on NinjaTrader
This indicator is available on NinjaTrader charting platform. Signing up for a free account and downloading NinjaTrader software is required.

Get on NinjaTrader
This indicator is available on NinjaTrader charting platform. Signing up for a free account and downloading NinjaTrader software is required.
🔑
Open Source
Listing has publically available source code that can be audited and modified as needed.
🔑
Open Source
Listing has publically available source code that can be audited and modified as needed.
💸
Free Access
All features of this listing are fully free to use with no pricing tiers. Simply start using.
💸
Free Access
All features of this listing are fully free to use with no pricing tiers. Simply start using.
🥇
Trusted Publisher
Publisher of this listing is well recognized in social channels and receives overwhelmingly positive feedback.
🥇
Trusted Publisher
Publisher of this listing is well recognized in social channels and receives overwhelmingly positive feedback.
🌐
Popular Topic
Concepts and theories mentioned in listing are popular topics in web search
🌐
Popular Topic
Concepts and theories mentioned in listing are popular topics in web search
Published by NinjaTrader_Jim on NinjaTrader
Published by NinjaTrader_Jim on NinjaTrader
Mean-Reversion Strategy Logic
Mean reversion is based on the principle that prices tend to return to their average over time. When an asset moves far from its mean - either stretched to the upside or beaten down excessively - the probability of a snap-back increases. This indicator systematically identifies those extreme moments.
Anthony Garner's Backtested Approach
The strategy is based on Anthony Garner's 2019 research, which backtested mean-reversion principles across multiple instruments. By codifying this research into a NinjaTrader indicator, traders can apply a historically validated approach rather than relying on subjective interpretations of overextension.
Mean-Reversion Strategy Logic
Mean reversion is based on the principle that prices tend to return to their average over time. When an asset moves far from its mean - either stretched to the upside or beaten down excessively - the probability of a snap-back increases. This indicator systematically identifies those extreme moments.
Anthony Garner's Backtested Approach
The strategy is based on Anthony Garner's 2019 research, which backtested mean-reversion principles across multiple instruments. By codifying this research into a NinjaTrader indicator, traders can apply a historically validated approach rather than relying on subjective interpretations of overextension.
Identifying Statistical Extremes
The indicator calculates when price has deviated beyond a statistically significant threshold from its mean. For example, a stock trading two standard deviations below its 50-day average triggers a reversion signal. The degree of deviation helps gauge how aggressive the entry should be.
Risk Management Considerations
Mean reversion works well in range-bound markets but can fail during trend shifts. The indicator is best used alongside trend filters to avoid catching falling knives. A stock at an extreme deviation in a confirmed downtrend may keep falling, so context from broader market conditions is essential.
Identifying Statistical Extremes
The indicator calculates when price has deviated beyond a statistically significant threshold from its mean. For example, a stock trading two standard deviations below its 50-day average triggers a reversion signal. The degree of deviation helps gauge how aggressive the entry should be.
Risk Management Considerations
Mean reversion works well in range-bound markets but can fail during trend shifts. The indicator is best used alongside trend filters to avoid catching falling knives. A stock at an extreme deviation in a confirmed downtrend may keep falling, so context from broader market conditions is essential.
Gain an edge with backtested reversals
Gain an edge with backtested reversals
Mean reversion is based on the principle that prices return to their average over time. This indicator systematically identifies moments when assets have moved to statistical extremes and may snap back to the mean.
Mean reversion is based on the principle that prices return to their average over time. This indicator systematically identifies moments when assets have moved to statistical extremes and may snap back to the mean.
Trade with Statistical Backing
The strategy is based on Anthony Garner's 2019 backtested research. Applying a historically validated approach removes subjective interpretation of overextension.
Refine Parameters Using Historical Data
The indicator calculates when price deviates beyond a significant threshold from its mean. The degree of deviation helps gauge how aggressive the entry should be.
Flag Statistically Extended Moves
A stock trading two standard deviations below its average triggers a reversion signal. Use alongside trend filters to avoid catching falling knives.
Common Questions About Mean Reversion Trading Strategies
Common Questions About Mean Reversion Trading Strategies
Mean reversion strategies capitalize on price returning to average levels after extended moves. These questions address the timing challenges and risk management concerns traders face when fading momentum in hopes of a snapback.
Mean reversion strategies capitalize on price returning to average levels after extended moves. These questions address the timing challenges and risk management concerns traders face when fading momentum in hopes of a snapback.
How do I know when price is truly overextended versus starting a new trend?
Overextension shows in deviation from moving averages combined with exhaustion signals like volume divergence or candle wicks. New trends maintain momentum and break prior structure cleanly. Context from higher timeframes helps distinguish temporary extension from genuine breakouts.
What is the biggest risk with mean reversion strategies?
The primary risk is catching a falling knife during a trend day. Price can stay extended far longer than accounts can stay solvent. Strict stops and waiting for reversal confirmation rather than anticipating the turn helps manage this tendency to revert.
Should I use fixed targets or trail stops on mean reversion trades?
Fixed targets at the mean or VWAP often work best since price may only revert partially before resuming trend. Trailing stops can give back gains if the snapback stalls. Many traders take partial profits at the mean and let remainder run with protection.
🌐
🌐
Web sentiment
Web sentiment
Online traders view MeanReversal Strategy NT8 positively for its flexibility, robust customization, and supportive community, enhancing their trading experience and promoting strategic improvements.
Online traders view MeanReversal Strategy NT8 positively for its flexibility, robust customization, and supportive community, enhancing their trading experience and promoting strategic improvements.
Source: Online Discussion
Source: Online Discussion
Source: Online Discussion
✍️
✍️
TradersList Reviews (5)
TradersList Reviews (5)
TradersList Community has given this listing four stars, indicating a well trusted listing with great utility value. This listing is one of the better ones on TradersList.
TradersList Community has given this listing four stars, indicating a well trusted listing with great utility value. This listing is one of the better ones on TradersList.
⭐️
⭐️
⭐️
⭐️
⭐️
Source: TradersList Reviews
Source: TradersList Reviews

Bookmark
Saved here
🤖
Get Indicator
Find Indicator
Review
Review Indicator
✍️
⭐️
⭐️
⭐️
⭐️
⭐️
3
Comments
Read on Telegram
Listing by third party publisher. Not financial advice.
Risk Disclosure



Share Listing
🤖
🤖
Get Indicator
Get Indicator
Find Indicator
Find Indicator
✍️
Review
Review
Review Indicator
Review Indicator
⭐️
⭐️
⭐️
⭐️
⭐️
Saved here

Bookmark
Listing by third party publisher. Not financial advice.
Listing by third party publisher. Not financial advice.
Risk Disclosure
Risk Disclosure
Share



🤖
3
🤖
3
🤖
3
✍️
By Author
More by NinjaTrader_Jim

🤖
by NinjaTrader_Jim

Free
NinjaTrader Indicator
StockRatingSystem
🔑
🏅
StockRatingSystem is a NinjaTrader Indicator that ranks stocks using a mathematical formula based on Markos Katsanos' technical analysis methodology, as detailed in his June 2018 Stocks and Commodities article "A Technical Method for Rating Stocks".

🤖
by NinjaTrader_Jim

Free
NinjaTrader Indicator
Probability Distribution NT8
🔑
🏅
Probability Distribution NT8 is a NinjaTrader Indicator that calculates probability distributions for price data, based on statistical methods introduced by John F. Ehlers.
🔥
New Listings
Featured this week

🤖
by allanster

Free
TradingView Indicator
Growing or Waning Patterns [Alerts]
New
🔑
🌐
Growing or Waning Patterns [Alerts] is a TradingView indicator that detects reversal signals based on three candle body patterns. The patterns are classified as increasing or decreasing depending on bullish and bearish states. Additional features include alerts and trend filter.

📟
Free*
Trade Analytics Platform
TRDR.IO
New
🌐
✅
🏅
TRDR.IO is a crypto orderflow platform providing various tools visualizing crypto exchange order book activity. See bid-ask imbalances, buy and sell demand as well as order book depth in real-time with intuitive visual overlays. Additional features include alerts and scanning crypto markets for orderflow events.

🤖
by LeviathanCapital

Free
TradingView Indicator
Swing Levels and Liquidity - By Leviathan
New
🔑
🌐
✅
Swing Levels and Liquidity is a TradingView Indicator that displays swing high and low levels with volume traded at the pivots. Once formed, these levels likely retain liquidity that traders can expect to produce support and resistance in price when swept.

🤖
by allanster

Free
TradingView Indicator
Growing or Waning Patterns [Alerts]
New
🔑
🌐
Growing or Waning Patterns [Alerts] is a TradingView indicator that detects reversal signals based on three candle body patterns. The patterns are classified as increasing or decreasing depending on bullish and bearish states. Additional features include alerts and trend filter.

📟
Free*
Trade Analytics Platform
TRDR.IO
New
🌐
✅
🏅
TRDR.IO is a crypto orderflow platform providing various tools visualizing crypto exchange order book activity. See bid-ask imbalances, buy and sell demand as well as order book depth in real-time with intuitive visual overlays. Additional features include alerts and scanning crypto markets for orderflow events.
Load More
🤖
Similar Listings
Traders also viewed
All

🤖
by dnoff

Free
NinjaTrader Indicator
Mtg Gap Zones
🔑
🌐
Mtg Gap Zones is a NinjaTrader Indicator that applies the Master the Gap Opening Gap Zone strategy, analyzing today's market open relative to the previous day's close, open, high, and low to form long/short bias for intraday trading.

🤖
by bobc636

Free
NinjaTrader Indicator
ADXVMA Color Bands
🔑
ADXVMA Color Bands is a NinjaTrader Indicator that adds color-coded trend identification and customizable volatility channels to the ADXVMA. Users can set colors for up, down, and neutral trends and adjust volatility band multipliers for tailored price action analysis use cases.

🤖
by zacharydw00

Free
NinjaTrader Indicator
Fair Value Gap (ICT)
🔑
🌐
✅
Fair Value Gap (ICT) is a NinjaTrader Indicator that detects market imbalances, more specifically fair value gaps. In this implementation, FVG bars are required to align in trend direction and restricted on specific conditions like Silver Bullet criteria being met or regular trading hours being on.

🤖
by adtsystems

Free
NinjaTrader Indicator
ICT Macros
🔑
✅
ICT Macros is a NinjaTrader indicator that identifies and classifies time intervals where algorithmic trading is believed to generate liquidity, highlighting key market periods in accordance with ICT concepts.

🤖
by Sim22

Free
NinjaTrader Indicator
Quarterly Bars Type
🔑
🌐
Quarterly Bars Type is a NinjaTrader indicator that segments trading data into US quarters - Jan–Mar, Apr–Jun, Jul–Sep, and Oct–Dec - offering a structured view distinct from using standard three month timeframe.

🤖
by monpere

Free
NinjaTrader Indicator
Dynamicsrlines
🔑
🌐
Dynamicsrlines is a NinjaTrader Indicator that draws horizontal support and resistance lines where multiple swing highs or lows have formed previously, offering added confluence for high identifying high probability levels.

🤖
by NinjaTrader_Paul

Free
NinjaTrader Indicator
Heiken Ashi 8
🔑
🌐
Heiken Ashi 8 is a NinjaTrader 8 Indicator that uses Heiken Ashi candles to smooth price action and filter out market noise across various timeframes from tick charts to monthly charts.

🤖
by NinjaTrader_ChelseaB

Free
NinjaTrader Indicator
UniRenko Universal Renko BarType 8
🔑
🏅
UniRenko Universal Renko BarType 8 is a NinjaTrader indicator that converts regular price data into Renko block patterns.

🤖
by chartish

Free
NinjaTrader Indicator
Opening Range Indicator
🔑
🌐
The Opening Range Indicator is a NinjaTrader Indicator that marks key price levels by drawing lines at the highs and lows of user-defined range to calculate opening range.

🤖
by bobc635

Free
NinjaTrader Indicator
Candle Quarters
🔑
Candle Quarters is a free NinjaTrader indicator that marks the 25%, 50%, 75% levels within price action candles for quick and simple intrabar support and resistance.

🤖
by NinjaTrader_Tim

Free
NinjaTrader Indicator
Mcclellan Oscillator
🔑
🌐
✅
The Mcclellan Oscillator is a NinjaTrader Indicator that measures NYSE broad market momentum and direction by calculating the difference between advancing and declining issues, also known as market breadth.

🤖
by NinjaTrader_PatrickH

Free
NinjaTrader Indicator
Exponential Standard Deviation Bands
🔑
🏅
Exponential Standard Deviation Bands is a free NinjaTrader indicator that applies exponential smoothing to standard deviation bands for quicker adaptation to market changes. Concept by Vitali Apirine, published in the February 2017 issue of Stocks and Commodities.

🤖
by NinjaTrader_Ray

Free
NinjaTrader Indicator
Automatic Trend Line Detection
🔑
🌐
Automatic Trend Line Detection is a free Indicator for NinjaTrader that automatically detects and visualizes diagonal trend lines on stock charts. Concept originally published in the September 07 issue of Stocks & Commodities magazine.

🤖
by NinjaTrader_JoshG

Free
NinjaTrader Indicator
Auto-Regressive Model Indicator
🔑
🌐
Auto-Regressive Model Indicator is a NinjaTrader indicator that uses historical data and machine learning to forecast closing prices. The algorithm learns relationships between current and past values with a decreasing learning rate for stability, provides error bounds and standardizes predictions by Z-scoring the time series.

🤖
by dnoff

Free
NinjaTrader Indicator
Mtg Gap Zones
🔑
🌐
Mtg Gap Zones is a NinjaTrader Indicator that applies the Master the Gap Opening Gap Zone strategy, analyzing today's market open relative to the previous day's close, open, high, and low to form long/short bias for intraday trading.

🤖
by bobc636

Free
NinjaTrader Indicator
ADXVMA Color Bands
🔑
ADXVMA Color Bands is a NinjaTrader Indicator that adds color-coded trend identification and customizable volatility channels to the ADXVMA. Users can set colors for up, down, and neutral trends and adjust volatility band multipliers for tailored price action analysis use cases.

🤖
by zacharydw00

Free
NinjaTrader Indicator
Fair Value Gap (ICT)
🔑
🌐
✅
Fair Value Gap (ICT) is a NinjaTrader Indicator that detects market imbalances, more specifically fair value gaps. In this implementation, FVG bars are required to align in trend direction and restricted on specific conditions like Silver Bullet criteria being met or regular trading hours being on.

🤖
by adtsystems

Free
NinjaTrader Indicator
ICT Macros
🔑
✅
ICT Macros is a NinjaTrader indicator that identifies and classifies time intervals where algorithmic trading is believed to generate liquidity, highlighting key market periods in accordance with ICT concepts.

🤖
by Sim22

Free
NinjaTrader Indicator
Quarterly Bars Type
🔑
🌐
Quarterly Bars Type is a NinjaTrader indicator that segments trading data into US quarters - Jan–Mar, Apr–Jun, Jul–Sep, and Oct–Dec - offering a structured view distinct from using standard three month timeframe.

🤖
by monpere

Free
NinjaTrader Indicator
Dynamicsrlines
🔑
🌐
Dynamicsrlines is a NinjaTrader Indicator that draws horizontal support and resistance lines where multiple swing highs or lows have formed previously, offering added confluence for high identifying high probability levels.

🤖
by NinjaTrader_Paul

Free
NinjaTrader Indicator
Heiken Ashi 8
🔑
🌐
Heiken Ashi 8 is a NinjaTrader 8 Indicator that uses Heiken Ashi candles to smooth price action and filter out market noise across various timeframes from tick charts to monthly charts.

🤖
by NinjaTrader_ChelseaB

Free
NinjaTrader Indicator
UniRenko Universal Renko BarType 8
🔑
🏅
UniRenko Universal Renko BarType 8 is a NinjaTrader indicator that converts regular price data into Renko block patterns.

🤖
by chartish

Free
NinjaTrader Indicator
Opening Range Indicator
🔑
🌐
The Opening Range Indicator is a NinjaTrader Indicator that marks key price levels by drawing lines at the highs and lows of user-defined range to calculate opening range.

🤖
by bobc635

Free
NinjaTrader Indicator
Candle Quarters
🔑
Candle Quarters is a free NinjaTrader indicator that marks the 25%, 50%, 75% levels within price action candles for quick and simple intrabar support and resistance.
Discover trading edge
Discover trading edge
Indicators, Platforms & Education
Indicators, Platforms & Education
TradersList
Discover trading edge
Join Telegram
Weekly listings
Join Telegram
Disclaimer
Our goal is to achieve greater transparency, guidance and safety in trading and investing by providing means to discover, research and discuss trading/investing related sites/services.
Content provided on this site is not financial advice, meant for educational purposes only. TradersList does not endorse or guarantee any result for listed sites/services. Do your own research.
Read full disclaimer
TradersList
Discover trading edge
Join Telegram
Weekly listings
Join Telegram
Disclaimer
Our goal is to achieve greater transparency, guidance and safety in trading and investing by providing means to discover, research and discuss trading/investing related sites/services.
Content provided on this site is not financial advice, meant for educational purposes only. TradersList does not endorse or guarantee any result for listed sites/services. Do your own research.
Read full disclaimer
TradersList
Discover trading edge
Join Telegram
Disclaimer
Our goal is to achieve greater transparency, guidance and safety in trading and investing by providing means to discover, research and discuss trading/investing related sites/services.
Content provided on this site is not financial advice, meant for educational purposes only. TradersList does not endorse or guarantee any result for listed sites/services. Do your own research.
Read full disclaimer

