# Mean Reversion Scalper

A precision-engineered cBot for EUR/USD that uses Bollinger Bands and RSI to identify high-probability price reversals.

Canonical: https://prismaticalgos.com/compendium/algo/12627-mean-reversion-scalper
Record ID: 12627
Catalog rank: 2741 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Mean Reversion & Counter-Trend (B)
Source: https://ctrader.com/products/3637
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: EURUSD
- timeframes: M5
- sessions: 09:00 – 17:00 UTC (London/NY Overlap)
- market_regime: trending|ranging|volatile

## Indicators

- Bollinger Bands: {"deviations": 2.0, "period": 20}; applied to: close
- RSI: {"period": 14}; applied to: close
- ATR: {"period": null}; applied to: Not specified

## Recorded long-entry rules

- Price close outside Bollinger Bands (20, 2.0)
- RSI (14) confirms overbought or oversold state
- Price returns and closes back inside the band within a 4-bar window

## Recorded short-entry rules

- Price close outside Bollinger Bands (20, 2.0)
- RSI (14) confirms overbought or oversold state
- Price returns and closes back inside the band within a 4-bar window

## Recorded exit rules

- BB Middle Band
- 12-pip Fallback
- 15-Bar Timeout

## Recorded filters

- maximum spread 1.5 pips
- daily loss protection cap
- global drawdown 'kill switch'

## Risk controls

- Stop loss: 2.5x ATR
- Take profit: Not specified
- Position sizing: 5% Equity (Default)