Month Open Reversion Checker
Data-backedMonitors distance from the monthly open and signals reversion when price has extended beyond the average monthly range.
What it does
Anchors to the first candle open of the calendar month and tracks deviation. In range-bound months the open acts as a powerful magnet. Signals a fade when distance exceeds the avg monthly range, with macro context filtering to avoid fading strong trends.
When to use
Use for higher-timeframe mean-reversion when the monthly open magnet effect is in play. Best in ranging or consolidating macro regimes, not during strong trend months.
Related Skills
Market Volatility Guard
Risk guardrail skill that recommends position limits and stop logic under changing volatility.
Day Open Reversion Checker
Finds entry points when price moves one average daily range away from the day open, targeting a reversion back.
Week Open Reversion Checker
Detects when mid-week price deviation from the weekly open reaches the average weekly range, targeting a reversion.