Midday Reversal Strategy (Python)
Midday Reversal seeks turning points that occur around lunchtime when morning trends often exhaust. Liquidity typically dries up mid-session, leading to reversals as traders square positions. The syst...
Install-Package StockSharp.Strategies.0128_Midday_Reversal.py -Version 5.0.1
Midday Reversal seeks turning points that occur around lunchtime when morning trends often exhaust. Liquidity typically dries up mid-session, leading to reversals as traders square positions. The system monitors for a shift in momentum near midday and enters in the opposite direction of the morning move. A percent stop controls risk and exits occur if the reversal fails to develop by the afternoon.
Entry Criteria: indicator signal
Long/Short: Both
Exit Criteria: stop-loss or opposite signal
Stops: Yes, percent based
Default Values:
CandleType = 15 minute
StopLoss = 2% [*]Filters:
Category: Intraday
Direction: Both
Indicators: Price Action
Stops: Yes
Complexity: Intermediate
Timeframe: Intraday
Seasonality: No
Neural networks: No
Divergence: No
Risk level: Medium