Mean reversion: what's your fade setup?

Fading stretched moves against the mean wins often and loses big when the move isn't a stretch but a trend. The setup's whole job is telling those apart — and most fades fail right there.

Describe your fade:

• how you define "stretched" objectively
• the confirmation before you enter against the move
• the stop rule for when the fade is wrong

The Bollinger Bands guide and RSI are the classic fade instruments.