RSI Mean-Reversion Strategy by RagingPorra
By RagingPorra
Performance Metrics
- Author: RagingPorra
- Symbol: BINANCE:SOLUSDT
- Timeframe: 5 minutes
- Net P&L: −387.83 USD (−38.78%)
- Win Rate: 47.0%
- Profit Factor: 0.706
- Max Drawdown: 498.57 USD (47.49%)
- Total Trades: 134
Description
Long entry when RSI ≤ 30; exit at RSI ≥ 70. 100% equity per trade, 0.1% commission + 1 tick slippage. Optional 2% stop-loss. Visual buy/sell signals, dynamic SL line, and background highlight on oversold zones. Clean, backtest-ready Pine Script v5. Everything is easily adjustable to suit your liking.