# RSI2 Snapback

buys short-term RSI(2) pullbacks above the 200 SMA and sells RSI(2) spikes below it, exiting on the bounce.

Canonical: https://prismaticalgos.com/compendium/algo/12499-rsi2-snapback
Record ID: 12499
Catalog rank: 502 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Mean Reversion & Counter-Trend (B)
Source: https://www.mql5.com/en/market/product/203088
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: XAUUSD, EURUSD, GBPUSD
- timeframes: H1
- sessions: false
- market_regime: trending|ranging|volatile

## Indicators

- RSI: {"period": 2}; applied to: close
- SMA: {"period": 200}; applied to: close
- SMA: {"period": 5}; applied to: close
- ATR: {"period": 14}; applied to: close

## Recorded long-entry rules

- last close above 200 SMA
- RSI(2) closes at or below 10.0

## Recorded short-entry rules

- RSI(2) closes at or above 90.0

## Recorded exit rules

- price closes back above 5 SMA
- after N bars (0 = off)
- hard ATR stop-loss (2.5 x ATR)

## Recorded filters

- max spread 50.0 pips
- max slippage 30.0 pips
- daily loss limit 3.0%
- max lot per trade 10.0
- no orders while market is closed or trading on the symbol is disabled

## Risk controls

- Stop loss: 2.5 x ATR
- Take profit: 0.0 (R multiple, 0 = exit by rule)
- Position sizing: risk % of equity (1.0%) or fixed lot (0.0)