Sequence Snap | RSI-Confirmed Reversal Scalper — Strategy by blitz_locked
By blitz_locked
Performance Metrics
- Author: blitz_locked
- Symbol: NASDAQ:NVDA
- Timeframe: 2 hours
Description
ExplanationThis strategy hunts for a specific price-action pattern: a candle that closes against the prevailing short-term move, followed by a run of consecutive candles pushing hard in the opposite direction — each one holding above (or below) the reversal candle's extreme. Once that shape completes, RSI is checked to confirm real momentum is behind the move rather than just noise. Entries use a single fixed stop (placed at the reversal candle's low/high) and a single fixed reward target defined as a multiple of that risk — no trailing, no dynamic exits, so every trade is comparably sized for easy backtesting analysis.FeaturesAdjustable "run length" (2–5 candles) to control how strict the pattern isA wobble-allowance setting so one weak candle in the run doesn't invalidate the whole setupOptional RSI confirmation filter with separate floor/ceiling thresholds for longs and shortsLong/short trades can be toggled independentlyFixed R-multiple take-profit (0.5R–2R) paired with a structural stop-lossDark dashboard showing live RSI, position status, and current settingsBackground flash on the exact bar a signal fires, plus clean entry arrowsTipsTest with the RSI filter both on and off — it may cut too many valid patterns depending on the instrument, so compare win rate/profit factor both ways before deciding.Start with Wobble Allowance near 0 to match the strictest version of the pattern, then loosen gradually if it's not finding enough setups.WarningsThis is a price-action pattern strategy, not a trend or oscillator strategy — its win rate and trade frequency will look very different from momentum or mean-reversion scripts, so don't compare metrics directly across strategy types.Past backtest performance does not guarantee future results. Always forward-test on a paper account before risking real capital.Fixed R-multiple exits mean the strategy needs a minimum win rate to be profitable after commission and slippage — check that math against your actual backtest numbers.