# Keltner-Kijun Short-Term Mean Reversion Averaging (No SL)

A mean reversion averaging strategy that adds to positions and dynamically reduces take-profit targets as the grid deepens, with partial loss exits to recover average price.

Canonical: https://prismaticalgos.com/compendium/algo/2342-keltner-kijun-short-term-mean-reversion-averaging-no-sl
Record ID: 2342
Catalog rank: 1529 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://www.prorealcode.com/topic/keltner-kijun-short-term-mean-reversion-averaging-no-sl/
Evidence label (unverified): source_code

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: any
- timeframes: any
- sessions: any
- market_regime: any

## Indicators

- KeltnerBandUp: {}; applied to: close
- KeltnerBandDown: {}; applied to: close
- KijunSen: {}; applied to: close

## Recorded long-entry rules

- close < KeltnerBandDown AND close < KijunSen

## Recorded short-entry rules

- close > KeltnerBandUp AND close > KijunSen

## Recorded exit rules

- close >= positionprice + nextPROFITPOINTS * pointsize
- close <= positionprice - nextPROFITPOINTS * pointsize

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: none
- Take profit: dynamic, based on nextPROFITPOINTS, which reduces as grid deepens
- Position sizing: ENTRYQTY = 1, ADDQTY = 1, MAXADDS = 10
