# BB RSI Pullback Strategy

A day-trading Expert Advisor for MetaTrader 5 built around Bollinger Band breakout pullbacks, confirmed by RSI.

Canonical: https://prismaticalgos.com/compendium/algo/11056-bb-rsi-pullback-strategy
Record ID: 11056
Catalog rank: 1715 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Mean Reversion & Counter-Trend (B)
Source: https://github.com/denytat/BB-and-RSI-trading-bot-MT5
Evidence label (unverified): backtest_shown

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: any
- timeframes: M15, H1
- sessions: any
- market_regime: trending|ranging|volatile

## Indicators

- Bollinger Bands: {"deviation": 2.0, "period": 20}; applied to: close
- RSI: {"period": 14}; applied to: close

## Recorded long-entry rules

- Signal candle closed BELOW lower Bollinger Band
- Candle body below lower band ≥ 50% of total body
- RSI at signal candle ≤ 40
- Entry price = Signal candle close + 1 pip

## Recorded short-entry rules

- Signal candle closed ABOVE upper Bollinger Band
- Candle body above upper band ≥ 50% of total body
- RSI at signal candle ≥ 60
- Entry price = Signal candle close − 1 pip

## Recorded exit rules

- Short position: SL = High of signal candle + 5 pips, TP1 = Candle closes on or below the middle BB (SMA 20), TP2 = Price reaches the lower Bollinger Band
- Long position: SL = Low of signal candle − 5 pips, TP1 = Candle closes on or above the middle BB (SMA 20), TP2 = Price reaches the upper Bollinger Band

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: High of signal candle + 5 pips (short), Low of signal candle − 5 pips (long)
- Take profit: TP1 = Candle closes on or below the middle BB (SMA 20) (short), Candle closes on or above the middle BB (SMA 20) (long), TP2 = Price reaches the lower Bollinger Band (short), Price reaches the upper Bollinger Band (long)
- Position sizing: 1% of deposit per trade