OFS F5 Long Reversion

1. Close nothing - ATAS X loads the library on its own.
2. Copy OFS.F5LongReversion.dll into your ATAS indicators folder.
3. Add "OFS F5 Long Reversion" to a 1000-TICK MNQ chart with cluster data.
4. Paste your license key into the License group.
5. Set Bar Time Offset: +2 in summer, +1 in winter. Every time rule depends on it.
6. Leave Autopilot OFF and let the history replay. Read the trades drawn on the chart, and open
TUNE to see the statistics.
7. Only once you have seen the result on your own data, and decided the drawdown fits your account,
connect an account and switch the autopilot on.

8. Optional: Telegram notifications (group 13 - Telegram). In Telegram open @BotFather, send /newbot and paste the token into Bot Token; write any message to your new bot, then click Get Chat ID Now (the Chat ID fills itself) and Send Test Message. Turn on Enable Telegram - real entry fills, exits with their result in ticks and execution errors then arrive on your phone. Everything is off by default and nothing is sent without a valid licence.

0.9.6 - THE UPDATE CARD NOW TELLS YOU WHAT IS NEW.

The centred new-version card - product name, your version and the new one, a Close button - now also shows a short description of what each release brings. Identical in every OFS indicator.

0.9.5 - A FILL CAN NO LONGER BE CREDITED TO THE WRONG ENTRY, AND THE DAILY COUNTER FOLLOWS THE MARKET DAY.

Order comments were matched by prefix, and entry number 11's comment starts with entry number 1's - so from the tenth entry of an instance's life onwards, a stop or target fill could be booked against the wrong entry: wrong filled quantity, protective orders re-placed for the wrong amount at a stale price. Comments are written exactly, so they are now compared exactly. Nothing changes in how orders are sent.

The daily realized counter (the one the daily loss limit reads) used to reset at the computer's local midnight while the midnight safety close measures market time. On a machine in a different time zone the two could disagree by hours. Both now step by the same market clock.

0.9.4 - A NEWLY PASTED LICENSE KEY TAKES EFFECT IMMEDIATELY.

Entering a key used to wait for the next scheduled license check; the check now runs the moment the key changes.

0.9.3 - NEW UPDATE CARD, CENTRED AND WITH DIRECT LINKS.

The card that appears when a newer version is available has been redesigned, identically for every OFS indicator. It now sits exactly in the centre of the chart, shows each product with its current and new version, recommends updating, and carries clearly visible buttons: an Info button that opens the product's page on orderflowsmith.com directly, a Close button at the bottom and the familiar cross in the corner. When several OFS indicators on one chart have updates at once, they all share the single card - one line and one Info button each.

0.9.2 - ALERT SOUND IS A LIST WITH A PLAY BUTTON.

The alert sound used to be a text field with "alert1" typed into it. If you did not already know what the sound files are called, there was no way to find out from inside the indicator, and a typo produced silence rather than an error. It is now the platform's own sound picker: a drop-down of the installed sounds with a small play button beside it, so you can hear a sound before you settle on it. It is the same control ATAS uses in its own indicators.

Because the list comes from the platform rather than from us, it also shows sounds you added yourself - drop a .wav into the platform's Sounds folder and it appears.

A sound you had chosen before is kept.

Two more things were wrong here. Alerts had no sound setting at all, and the name this indicator handed to the platform was not the name of any sound file - so the alert appeared in the alerts window but never actually made a sound. Both are fixed.


0.9.0 - HOW MANY CONTRACTS YOU TRADE IS YOUR DECISION AGAIN.

Switching a setup used to silently reset Trade Quantity back to 1. If you had set 3 contracts and then tried another setup, your size was gone without a word - and the previous release even announced that reset as a feature. It does not happen any more: a setup changes THRESHOLDS, never your position size. The upper limit on the setting is gone too.

What has not changed: the default is still 1 contract. Position sizing is a risk decision and it stays entirely yours.

0.8.8 - MAX ONE CONTRACT OF EXPOSURE ON EVERY SETUP. The PROFIT setup used two entries and could hold two contracts; it now takes a single entry like every other setup - sealed figures of the single-entry variant: +1,872 ticks, PF 2.58, 45 % win, drawdown 377. Entries Per Day and Contracts Per Entry remain ordinary settings - raise them consciously if you want more size; the defaults never will.

0.8.7 - EVERY STRATEGY BUTTON NOW SETS CONTRACTS = 1. The setups configure the engine AND the position size: the sealed figures are per one contract, so a button that left an old contract count on the chart would show numbers that matched only by accident. Raise Contracts afterwards if you consciously want more size.

0.8.6 - THE UPDATE CARD'S CLOSE BUTTON IS A REAL BUTTON - a framed, highlighted square instead of a faint cross, comfortably clickable.

0.8.5 - ONE VOCABULARY FOR THE TIME WINDOW across every OFS strategy: Session Window, Session From (HH:MM), Session Until (HH:MM) - the same three names in F2, F5 and F6, all in group 05, entered as HH:MM. The session end also moved out of Filters into group 05 where it belongs, and it now honours minutes, not just whole hours. Saved charts keep their values.

0.8.4 - THREE ALIGNMENTS WITH THE OTHER OFS STRATEGIES:

USE SESSION WINDOW - the time window now has a proper OFF switch (group 05). ON by default - the sealed setups were measured with it. Switch it off and the strategy trades the whole day, the ribbon stretches to 24 h, and the drawn backtest follows the switch exactly like the live account.

TELEGRAM (group 13) - the same block F2 has: real entry fills with live SL/TP prices, exits with the result in ticks, execution errors with a 10-minute anti-spam. Everything off by default; setup takes four clicks with @BotFather.

SETTINGS ORDER - panel settings moved to their own group 11 - Panel (they sat inside Display), alerts are group 12, Telegram 13 - the same template every OFS indicator follows. The session ribbon now shows the trading window only.

0.8.3 - The session ribbon got a tidy layout: the hour scale (0/6/12/18/24) has its own line and the sentence with the session times and the current time sits on the next one - they no longer fight for space, every number shows.

0.8.2 - THE SESSION RIBBON READS ITSELF. Hour numbers 0-18 under the strip, the session times and the current time written out next to them (session 15:30-18:00 - now 14:32), and the now-marker is an arrow instead of an anonymous line. One blue for the window; the brighter top half marks the measured core hours.

0.8.1 - A SESSION RIBBON ON THE PANEL. A slim 24-hour strip under the title shows the trading window from YOUR settings (one source of truth - change the session and the ribbon follows), the measured core hours in a lighter shade, and a now-marker whose colour is the state of the strategy: green in position, blue hunting for an entry, amber standing aside with the gate named, grey quiet outside the window with a countdown to the open, red blocked. The TRADING line says the same in words. On by default; Show Session Ribbon turns it off.

0.8.0 - THE EXTENDED GRID FOUND A BETTER LONG SETUP - two new candle-level filters, both identical live and in the backtest:

WAIT FOR THE TURN: a signal only once price has been below the sigma threshold and has come back above it - it buys the START of the turn, not a running fall.

MIN 20-CANDLE DELTA: do not buy while the last twenty candles carry heavier selling than -800 - losing entries came with -1,272 on average, winning ones -686.

THE NEW DEFAULT (the WINRATE button): sigma 2.25, absorption 5, half target, stop cap 250, one entry, one contract, both new filters on. Sealed 58 out-of-sample days: +2,741 ticks, 60 % win rate, PF 2.49, drawdown 756 ticks - versus +2,112 / 33 % / PF 2.31 / 808 for the previous default. More profit, nearly double the win rate, smaller drawdown.

THE PROFIT BUTTON aims higher: absorption 5, ADX 25, day-delta gate, three-quarter target, stop at half the target distance (2:1), two entries - sealed +3,454 ticks, PF 2.75, 47 % win, drawdown 763. Only the active setup lights up; release tests pin both setups and the shipped default to their exact measured numbers.

Also measured: hold-time analysis. Losing trades die on their stop within minutes (median 8), winners need hours (median 33, tails to 6 hours) - so there is NO time limit, and the numbers say there should not be one.

0.7.1 - THE STRATEGY BUTTONS SWITCH PROPERLY. The active-setup check compared only the fields the old presets differed in, so with the new setups several buttons could light at once. The comparison now covers every field a setup controls, it lives in one shared place, and a release test walks every pair of setups to prove they are mutually exclusive.

0.7.0 - TUNED THE HONEST WAY, LIKE F2. A grid of 25,920 combinations was tuned on the first two thirds of the tape (15 Dec - 29 May) and every candidate was verified on 58 SEALED days (June - 19 Aug) the tuning never saw. What survived:

THE SHIPPED SETUP DEFENDED ITS CROWN. The default (now called PROFIT in the STRATEGY row) came out of the sealed test as the best long setup there is: +2,112 ticks, profit factor 2.31, drawdown 808 ticks on the sealed days alone.

SCALING IN LOSES MONEY ON THE LONG SIDE - measured, not assumed: a second entry adds 61 ticks (3 %) for 3.5x the drawdown; a third entry REDUCES profit and multiplies the drawdown 8.5x. The default is therefore ONE entry and ONE contract; raise Contracts in the settings if you want more size - adding contracts at the first entry beats scaling in at worse prices.

A STRATEGY ROW IN TUNE, like F2: PROFIT (the default) and WINRATE (sigma 2.0, half target, session till 17:00 - 44 % win rate, +962 t, PF 1.34 on the sealed days). The DEFAULT button in the header returns the shipped setup. Only the active setup lights up.

Also tested and REJECTED, so you do not have to wonder: entering only near a fresh day low (cut winning trades), and every tuning winner built on three entries (collapsed on the sealed days). Release tests pin both setups to their exact measured results.

0.6.11 - ONLY THE ACTIVE SETUP LIGHTS UP in the TUNE window. The DEFAULT button in the header used to glow permanently; now it highlights only while the default setup (E) is really applied, exactly like the A-E strategy buttons - what is lit is what is running.

TUNE buttons also size themselves to their text instead of a fixed width, so no label can overrun its button.

0.6.10 - Internal: the panel footer is now built by the same shared code as every other OFS indicator. What it shows does not change.

0.6.9 - EVERY TRADE IS NOW MARKED THE SAME WAY IN EVERY OFS STRATEGY. F2 FiboFade, F5 Long Reversion and F6 Short Reversion draw a trade identically, so if you run two of them on one chart you read both the same way:

the stop line says SL, in the middle
the target line says TP, in the middle
the entry line carries no text at all - only how long the trade lasted, for example 47 min

There is no Entry on the entry line any more: which line is the entry is already said by the arrow and the color, and the word only got in the way. Nor does the exit reason stand in place of SL or TP, so the stop line always reads SL and the target line always reads TP.

Every label sits in the middle of its line and the line BREAKS around it, so nothing is drawn through the text and no label is left half-covered by another trade. Where a trade is too short on the chart to hold a label, the label is left out rather than squeezed in.

It can all be switched off under Show Trade Labels, and the duration on its own under Show Trade Duration.

0.6.8 - EVERY CLOSED TRADE NOW SHOWS HOW LONG IT LASTED, on its entry line, next to the word Entry - for example Entry - 47 min. The time is taken from the candle times on your chart, so it is right on any chart type, and it tells you at a glance whether the strategy is holding for minutes or for hours. Switch it off under Show Trade Duration.

The Entry, SL and TP labels are also easier to read. They were written straight over the chart, so candles showed through the gaps between the letters and the text looked struck through. The line now breaks around each label, exactly as it does in F2 FiboFade.

0.6.7 - The free trial is 7 days, the same as every other OFS indicator. This product card still carried 14 days, so re-uploading the package kept putting the longer trial back.

0.6.6 - A NEW VERSION NOTICE. Once a day the indicator asks orderflowsmith.com whether a newer version has been released and, if so, shows a small card on the chart with what the new version brings you.

It sends nothing at all - no license key, no product name, not a single parameter - so the request cannot tell anyone what you use, and one request covers every OFS indicator on the chart. The answer is signed with the same key as your license, so nothing else can put text on your chart. It never blocks anything and it stays silent when there is no connection.

There is one card per chart, not one per indicator, and it lists every product that has an update. Close it and it will not come back until the next release. It can be switched off in Settings under 01 License.

0.6.5 - LICENCE GATE ON NOTIFICATIONS. Platform alerts and Telegram messages now require a valid key, exactly like the drawing on the chart does. The gate sits in the place where a notification is actually sent, not at the caller, so it cannot be bypassed by a new call site. Any queued notifications are discarded while the key is missing, so they do not pile up and all fire at once the moment a key is entered.

0.6.4 - The red DRAWING ERROR line is gone from the panel. It said nothing a trader could act on and only cluttered the window; a drawing failure now goes to the log instead, and only when the message changes. The license notice and the reason trading is blocked stay on the panel.

Three metrics were added to the TUNE statistics so every OFS strategy reports the same set: Worst Trade, Long and Short (trade count with its own win rate).

0.6.3 - Clicking a button in the TUNE window now recalculates immediately. It used to wait 250 ms after the last change, and that wait restarted with every further change - so with the thirty settings a strategy preset writes, clicking through A, B, C, D and E faster than that never recalculated at all, and the figures only caught up once you stopped clicking. A click is a single deliberate action, so the whole preset is now applied as one change and recalculated once, immediately, before the window is redrawn. The same applies to every other row in the window.

0.6.2 - The TUNE window and the control panel are now exactly the same width, and both are narrower. Each window works out the width it would need on its own and both are then given the larger of the two, so switching between them no longer moves anything. Nothing is fixed in pixels, so the size follows the font.

Metrics are spelled out instead of abbreviated: Win Rate, Profit Factor, Gross Profit, Gross Loss, Max Drawdown, Trading Costs, Payoff Ratio, Expectancy, Trading Days and Total Trades.

Three new figures about losing runs. Worst Day tells you about a single bad day, but a drawdown is built by bad days following one another. Worst Run is the largest combined loss of consecutive losing days, Losing Days is how long that run lasted, and Losing Streak is how many trades in a row lost, counted in the order they closed.

The word leg is gone from the panel and the log - everything says entry, matching the Entries Per Day setting. The EXEC line is shorter: 2 entries - 2/2 protected - day +120 t.

0.6.1 - A filter-by-filter audit of both directions. On the long side every gate was already measuring the right thing, and there are now tests that prove it rather than leaving it to inspection: each gate tied to the day extreme is fed a candle near the day low and checked that it rejects and passes where it should.

0.6.0 - The side is now fixed in code, not a setting. F5 trades LONG only and there is no way to change that. The Trade Side setting has been removed because it was dangerous: the absorption filter looks for selling being absorbed and the day-delta gate stands aside on sell-offs, both built for the long side, so switching the setting to short left the filters asking for the wrong thing and the strategy would have traded badly without saying so. The engine refuses an opposite trade even if the field is set wrong, and a release test proves it. The short side is a separate product, F6 Short Reversion, with its filters mirrored properly.

0.5.4 - The panel keeps a FIXED width. It was being sized from whatever was currently on it, so every time a number changed the window jumped. Its width now comes from the widest line the panel can ever show, and anything longer is trimmed with an ellipsis rather than allowed to run past the frame. F5 and F6 use the same sample, so side by side they are the same size.

The distance to the next entry was wrong on one side. F5 waits for price to fall below the average and F6 waits for it to rise above it, so with price 216 ticks under the average F5 is 396 ticks from an entry while F6 is 828 - the shared formula gave both 396. Each now measures toward its own side.

0.5.3 - Nothing is drawn outside the panel any more. Its width was taken from a fixed sample string and every row was clipped to that, so a row the sample did not cover ran past the frame. The width is now measured from every row, error and footer that is actually drawn, and clipping only happens as a last resort when the panel would not fit the chart at all.

The TARGET line now works out the distance to the next entry instead of leaving you to subtract two numbers: it reads entry in 396 t, or entry ready when the condition is already met.

0.5.2 - Terminology corrected. Spread means the difference between bid and ask; what this strategy measures is the standard deviation of price around the day average, and calling it a spread was misleading. Settings are now Min Sigma, Max Sigma and Show Sigma Bands, and the texts say standard deviations.

The third line of the control panel used to read AVERAGE with three numbers next to it and said nothing useful. It now reads TARGET: where the target sits, how far price is from it right now, and how many ticks below the average the next entry would trigger.

0.5.1 - Both panels are considerably narrower. The control panel is a compact three-line box again - it was being stretched to the same minimum width as the TUNE window, which made no sense for it. The TUNE window uses the standard futures abbreviations for its metrics (WR, PF, MDD, GP, GL, Exp.) instead of spelling each one out, with tighter spacing and a shorter footer. The longest losing run moved from the footer into the metrics grid where it belongs. Panel names now read OFS F5 LONG REVERSION everywhere.

0.4.2 - The line of backtest figures under the strategy buttons is gone. Those numbers were fixed in the code and never recomputed, so sitting next to the live statistics they read as if they applied to your chart. Every number the TUNE window now shows is computed from the history loaded on your chart, over the window you select. The strategy buttons still switch the settings, and which ones changed is visible in the rows below.

0.4.1 - The TUNE window now says where each set of numbers comes from. The line under the strategy buttons is prefixed BACKTEST 8M 1000t and carries the figures measured over eight months; the block below is headed THIS CHART and is computed live from the history loaded on your chart, over the selected window. The two will differ, often by a lot, and previously nothing said which was which.

0.4.0 - Renamed to OFS F5 Long Reversion so the pair reads consistently next to F6 Short Reversion. The Legs setting is now Entries Per Day - the old name was jargon and read as if it meant contracts. It does not: each entry trades Contracts Per Entry contracts, so the largest position is Entries Per Day times Contracts Per Entry.

LICENCE GATE. Without a valid key the indicator now draws NOTHING - no trades, no bands, and the TUNE window will not open. Previously the built-in backtest and all its statistics were visible without a license, which is the main value of the product given away. The panel states what is missing.

The TUNE window no longer changes width when you switch buttons. Its width is measured from the longest possible content rather than whatever is currently displayed.

0.3.2 - The strategy buttons in TUNE no longer carry a verdict. The