Weekday HPAS Mean-Reversion Entries with Standard-Deviation Exits

Summary

This strategy tester turns hardcoded weekday statistics attributed to Krown HPAS into daily limit entries around the UTC daily open. It places a long order below the open using the weekday's average loss and a short order above it using the weekday's average gain. Separate configurable standard-deviation multipliers set take-profit and stop-loss distances for each direction. The script permits at most one new order setup per day, attaches exits to an open position, and closes any remaining position at the start of a new UTC day.

The document supplies the weekday average and dispersion values embedded in the script and recommends lower-timeframe use, but gives no backtest results or explanation of how the underlying statistics were estimated. Because the values are fixed, their relevance may depend on the asset and sample from which they came; the UTC daily boundary and order-fill assumptions may also affect results. The strategy report is signaled on the page, but no performance evidence is included in the provided text.

Key ideas

• The strategy derives long and short limit levels from weekday-specific gain and loss averages around the daily open.
• Separate standard-deviation multipliers control target and stop distances for each trade direction.
• The script allows one daily order setup while flat and closes open positions at the next UTC day boundary.
• Its weekday statistics are hardcoded, and the document does not describe their sample or establish out-of-sample performance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.