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Ultra Mean Reversion System

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The Ultra Mean Reversal System (UMRS) indicator is designed to calculate the mean level (mean reversal indicator) based on dynamic Fibonacci and two sigma levels. The settings are very simple. Transactions are made on external lines. It is recommended to use it in combination with another confirming indicator. The best option is Bollinger Bands with the following settings: period = 20; shift = 0; deviation = 2; apply to Close. Leave the default settings for UMRS itself.

Study the screenshots for a better understanding.

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