RVWAP Mean Reversion Strategy

RVWAP Mean Reversion Strategy at a glance

Kind of rule	Betting on a snap-back (mean reversion)
Buys or sells	It can buy, and it can bet on falling prices.
Built on	VWAP, running total
Where it was published	TradingView, by its author, as a Pine Script strategy
Result	no finished try; every run errored or timed out
Page updated	2026-11-08

RVWAP Mean Reversion Strategy backtest results, every cell

There is no cloud of cells to draw. The frame below says why.

How RVWAP Mean Reversion Strategy works

Rules in this group usually work like this. It buys after a fall and sells after a rise, on the idea that price returns toward normal. The wins are usually small and frequent. The loss comes when price does not return and the stretch turns into a trend. The next paragraph is this particular rule, which can be narrower than the group.

It can buy, and it can bet on falling prices. It acts only when several checks agree at once. The exact line is in the list below, in the author's names, and you can skip that list. It gets out when another set of checks agrees. That line is in the list below too.

Each trade uses a fixed size of 1. It can stack up to 3 trades in the same direction.

The exact condition, from the code

Same rule, translated from the code, in the author's names. You can skip this list if the paragraph above was enough.

• Enters long when not (Use Backtest Range (off)) and Execute longs (on) and the close crosses above ((sum source volume / sum volume) − (sqrt(variance) × Bands multiplier 1 (3))).
• Enters short when not (Use Backtest Range (off)) and Execute shorts (on) and the close crosses below ((sum source volume / sum volume) + (sqrt(variance) × Bands multiplier 1 (3))).
• Closes the position when a long position is open and the high crosses above (total for time when of (Source (hlc3) × volume) / total for time when of volume).
• Closes the position when a short position is open and the low crosses below (total for time when of (Source (hlc3) × volume) / total for time when of volume).

Buys or sells	It can buy, and it can bet on falling prices.
Tools it calculates	VWAP, running total
A second chart speed	No. It uses one chart speed only.
Only at certain hours	Yes. It only acts during set hours.
Adding to a trade	It can stack up to 3 trades in the same direction.
How much it trades	Each trade uses a fixed size of 1.
Cost the author assumed	The author assumed a trading cost of 0 per contract.

Default settings

The test used the defaults in the middle column. Nothing was turned to help a coin.

Setting	Default	Group
Use Backtest Range	off	Backtest Time Period
Start Date	a date	Backtest Time Period
End Date	a date	Backtest Time Period
Execute longs	on	Long/Short Setup
Execute shorts	on	Long/Short Setup
Source	hlc3
Use a fixed time period	on
Days	5
Hours	0
Minutes	0
Show time period	on
Size	small
↕	bottom
↔	right
Bands multiplier 1	3
Bands multiplier 2	0
Bands multiplier 3	0
Bars	10

How the backtest was run

Every strategy was tried the same way, on the settings the author published.

The years are October 2021 to June 2026. The prices are from Bybit, for 13 widely traded coins, mostly on hourly, 4-hour and daily charts, with some faster charts. That was 47,242 tries. The window stored in the files is 2021-09..2026-06.

599 rules produced a finished try. A rule that finished above zero on at least 12 cells, before any fee, was tried again with a fee of 0.12 percent per side. Only buys are counted in that second try. 273 rules got it.

The method, the aggregate results and a downloadable table are on the study page. What the desk does with the results beyond these pages is its own.

It was one of the over 600 rules in the screen, but every try errored or timed out, so it has no result. That is a problem running this script, not a finding about the market.

How to read the result

How to read the number

There is no finished result on this page. A try that did not finish is not a finding about the market.

What this does not show

The useful question is the stretch that never snapped back. That is where a year of small wins can disappear.

There is no cell to single out, and this note does not invent one. Other years, another exchange, or another fee would be a different measurement.

Questions about RVWAP Mean Reversion Strategy

Words used on this page

Backtest

The rule was tried on old prices. No real money moved.

Cell

One coin on one chart speed. Bitcoin every 4 hours is one cell. Bitcoin once a day is another.

Chart speed

How often a new price bar is drawn. 15m means every 15 minutes, 1h means hourly, 4h means every 4 hours, 1D means once a day.

Fee, per side

A cost taken each time the rule trades. Per side means once on the way in and once on the way out.

Median

Line the cells up from the biggest loss to the biggest gain. The median is the middle one. Half the cells did better and half did worse.

Drawdown

The deepest fall from a high point along the way, as a percent of the account at that high.

Above zero

The account finished with more than it started.

The indicators RVWAP Mean Reversion Strategy uses

Each has its own page: what it measures, how it is read, where it misleads.

• VWAP: the volume-weighted average price, and why its anchor is the whole question

"RVWAP Mean Reversion Strategy" was published on TradingView by its author, under the author's own license. This page is an independent reading of those rules and of what they did on these old prices. It is not written with the author, and it is not a recommendation. Not every detail survives the translation onto this page, so read the original before you rely on it.