A detailed walkthrough of selecting pairs, checking correlation, running cointegration tests, calculating the spread, and executing long/short trades when the z-score signals divergence. This description focuses on risk control, exit rules, and how market neutrality helps reduce volatility. It shows how to turn simple statistical setups into a repeatable, high-probability strategy for... https://finsparrow.com/pairs-trading-example-strategy-a-complete-step-by-step-guide-for-profitable-mean-reversion-trading/