Philosophy
A high-probability, low-drawdown intraday mean-reversion system designed for ASX stocks. It focuses purely on identifying statistically high-probability intraday reversals, taking small, repeatable +1% wins, and avoiding unnecessary risk.
Time Rules
- Standard Mode: No trades before 10:30 AM.
- Morning Mode: Allowed from 10:10 AM only if Group A + B + C fire together in a 3-5 min sequence.
Risk Controls
- Max 1 trade per day
- Stop immediately after a win or loss
- No trading during announcements or RBA decisions
Entry System: Group A → Group B → Group C
VWAP Condition (Mandatory): Price must be below VWAP by at least 0.5%. Above VWAP is automatic disqualification.
- RSI-7 < 25
- RSI-3 curling up (RSI-7 at 25-35)
- 2+ long lower wicks (absorption)
- Sell-volume spike (exhaustion)
- Fast flush into support
- Higher-low on 1-min chart
- Hammer candle (upper 40% close)
- Break above micro bounce-high
- Reclaim of VWAP-low midpoint
- Clear bullish engulfing
- Time > 10:30 AM (or valid Morning Mode)
- ASX 200 (XJO) flat or rising
- No announcements/dividends
- Spread < 0.2%
- Price 0.5% - 3% below VWAP
Trigger: Enter LONG when a Group B signal appears AFTER a Group A condition, provided Group C is valid.
Profit Target
Take profit at +1% OR a return to VWAP, whichever occurs first.
Stop Loss
Exit if price closes below structure, hits 1.5x ATR downside, or fails a reclaim. No averaging down.