BB RSI Mean Reversion EA Optimized for EURUSD
- Experts
- Deventh Derry Pratama
- Version: 1.0
- Activations: 5
BB-RSI Mean Reversion Expert Advisor
Smart Mean-Reversion Entries | EURUSD H1 Specialist
Version: 1.00
Platform: MetaTrader 5
Timeframe: H1
Recommended Pair: EURUSD (Primary)
Secondary Pairs (Less Preferable): USDCAD, GBPUSD
Strategy: Mean Reversion (Pullback Trading)
Overview of the Strategy
BB-RSI Mean Reversion EA trades cleverly on pullbacks by detecting short-term market fatigue using a combination of:
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Bollinger Bands (BB) to identify statistical price extremes
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RSI Oscillator to confirm oversold or overbought levels
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ATR-based Stop-Loss to dynamically manage risk
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Optional EMA filter to avoid overly volatile moves
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Fixed Risk Management: Precisely defined per-trade risk (recommended 1%), with capped exposure
The EA aims for consistent, moderate returns—not a get-rich-quick approach.
Important Notice
Strongly Recommended: Use this EA primarily on EURUSD H1.
Acceptable but less optimal: USDCAD, GBPUSD
(Expect reduced performance—profit factor and drawdown consistency may vary.)
Not Recommended: Exotic pairs, metals (XAUUSD/XAGUSD), or cryptocurrencies—they are unlikely to be profitable.
Key Features
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Smart Mean-Reversion Logic: Trades short-term exhaustion points using a clear statistical framework
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ATR-based Risk Management: Automatically places stops and targets based on volatility
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EMA Filter (optional): Helps filter out entries in highly volatile conditions
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Trading Session Management: Prevents trades during low-liquidity hours
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Max Spread Protection: Avoids trading when spreads are too wide (customizable)
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Single Trade Logic: No use of martingale or grid systems
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Fully Validated on MQL5 Market: Passed all automated and manual reviews
Backtest Highlights (2017–2024)
EURUSD H1 (Primary Pair)
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Profit Factor: ~1.33
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Max Drawdown: <10%
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Trades per Year: ~150–200
Secondary Pairs
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USDCAD: Profit Factor ~1.27, smooth equity curve
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GBPUSD: Profit Factor ~1.10–1.15, more volatile
Recommendation: Begin exclusively with EURUSD. Explore secondary pairs as you build confidence.
Trading Recommendations
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Account Size: Minimum $500 (Recommended: $1000+)
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Leverage: 1:25 to 1:100
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Risk per Trade: 1%
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Max Exposure: 3% total across all trades
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Trading Hours (Server Time): 08:00–18:00
Recommended Input Settings
| Parameter | Value |
|---|---|
| RiskPercent | 1.0 |
| MaxExposurePct | 3.0 |
| ATR_SL_Mult | 1.2 |
| RR_Multiple | 1.5 |
| EMA_DistATR | 2.5 |
| MaxSpreadPoints | 35 |
| SessStartHour | 8 |
| SessEndHour | 18 |
Default parameters are optimized for EURUSD H1.
Transparency Disclaimer
This EA is a robust tool meant to complement your strategy, not serve as a “holy grail.”
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Past performance does not guarantee future results
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Always backtest on your broker’s data
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Monitor performance regularly
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EA is provided as-is, without warranty. Evaluate if it suits your risk tolerance and account size.
Support & Updates
This is a public-domain EA created to benefit the trading community. While individual support isn't guaranteed, feedback is welcome, and periodic updates may be released based on user experiences.
Good luck trading—use it wisely and responsibly!
