Mean Reversion Jutsu

Mean Reversion Jutsu is a mean reversion strategy EA designed for trading bollinger band and RSI trends. A sell signal is when the price extends above the rsi and also the bollinger band. This EA uses a grid-based approach to profit from dollar cost averaging striving for consistent gains over time. It incorporates strict stop-loss and breakeven measures to control potential losses per trade, ensuring effective risk management. Mean Reversion Jutsu is an honest trading system focused on achieving long-term results.

Mql5


User manual and EA settings:

https://www.mql5.com/en/blogs/post/758686


Features of this EA:

  • Suitable currency pair: XAUUSD
  • Load timeframe: One minute
  • Trend based strategy with customisable grid for dollar cost averaging, no martingale
  • Manages risk through limit maximum positions and maximum realised daily loss percentage
  • Suitable for small capital accounts
  • Suitable for low-spread, high-liquidity brokers, such as IC Markets  


For the most accurate backtest results, please use the "Every tick based on real ticks" mode.

 


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