XAUUSD Hourly RSI Oversold Long v2
draftLong-only mean-reversion spec: buy XAUUSD when 1h RSI(14) falls below 30 and exit when it crosses above 70. Unspecified items, with the conventional choices made here: RSI period 14 (Wilder standard); signals evaluated on bar close, not intrabar; fixed size of 0.01 lots; stop-loss 2% below entry; no take-profit beyond the RSI exit; one open position at a time; daily loss cap 3%. No backtest is known to exist, so this is a specification only and is not approved for live trading.
- Enter when
- rsi(14) below 30
- Exit when
- rsi(14) crosses above 70
- Instruments
- XAUUSD · 1h
- Size and risk
- 0.01 lots per trade, max 1 open, 2% stop
Saved 10/19/2026, 1:03:40 PM · never evaluated against historical data, so nothing here speaks to whether it performs