Mean Reversion is a trading philosophy that takes advantage of the fact that markets often overshoot fair value. Then, like an over-stretched rubber band, the price springs back quickly.
This model uses the SPY ETF and identifies when the market has fallen too fast. It uses a golden cross to identify the trend and only trades when the dominant trend is upwards.
Read about the trading strategy in this article here: A Simple RSI Mean Reversion Strategy or watch me demonstrate in the video below.
Like all Tradinformed backtest models, this spreadsheet can be altered to trade different markets and timeframes. You can learn more about using the models here: How to Use a Tradinformed Backtest Model.