๐Ÿ“ RANGE & RENKO STRATEGIES ยท STRATEGY TEMPLATE

Range Bar Mean
Reversion

Range bars create equal-sized candles. Trade mean reversion when price stretches away from the VWAP using Bollinger Bands on range charts.

Range BarsNon-Time Based1.5:1 R:RHigh Risk

Rules & Configuration

The full rule set, required indicators, suggested configuration, execution flow, and performance parameters for the Range Bar Mean Reversion setup.

Range bars create equal-sized candles. Trade mean reversion when price stretches away from the VWAP using Bollinger Bands on range charts.

Range ChartVWAPBollinger Bands
๐Ÿ“ˆ Entry Rules
  • Price touches lower Bollinger Band on range chart
  • Price is below VWAP (stretched)
  • Enter on reversal bar back toward VWAP
  • Target: VWAP
  • Stop: Below the swing low

More Range & Renko Strategies Strategies

๐Ÿงฑ Renko Trend Following ๐Ÿงฑ Renko Double Top Short ๐Ÿ“ Range Bar VWAP Reclaim