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Mean Reversion - Trade the Pullback, Capture the Move
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Mean Reversion - Trade the Pullback, Capture the Move
The Mean Reversion Indicator is a popular and useful tool for forex traders. This indicator is free and can be downloaded onto the MetaTrader 4 (MT4) trading platform. It is used to identify potential reversals in the price of a currency pair. The Mean Reversion Indicator works by analyzing the price action of a currency pair over a certain period of time. It then calculates the average price level of the currency pair over this period. If the current price of the currency pair is below or...
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