Ultra Mean Reversion System

Mean reversion indicator based on dynamic Fibo levels and 2 sigmas. Setups are very easy. Take trades at the outer lines. However, it is recommended to use other indicator confirming the setup. UMRS works best with Bollinger Bands with the settings [period = 20; shift = 0; deviations = 2; apply to Close]. For UMRS itself, use the default settings.

For better understanding, see the screenshots.