{
  "id": 2692,
  "rank": 1049,
  "name": "Advisor Based on RSI and Martingale",
  "aka": [
    "Advisor Based on RSI and Martingale by daodzin"
  ],
  "family": "B",
  "subtype": "B7",
  "one_liner": "This advisor uses RSI to identify entry and exit points and can apply a martingale strategy.",
  "market_regime": "any",
  "timeframes": [
    "null"
  ],
  "symbols": [
    "null"
  ],
  "sessions": [
    "null"
  ],
  "indicators": [
    {
      "name": "RSI",
      "params": {
        "period": null
      },
      "applied_to": "close"
    }
  ],
  "entry_long": [
    "if RSI reaches a minimum over the specified BarsForCondition bars"
  ],
  "entry_short": [
    "if RSI reaches a maximum over the specified BarsForCondition bars"
  ],
  "exit_rules": [
    "Positions are closed upon reaching TakeProfit or StopLoss levels"
  ],
  "filters": [
    "trades only within the time interval specified between StartTime and EndTime",
    "avoids trading during time periods specified in the NewsTimeToAvoid parameter",
    "maximum allowable spread values are set through the MaxSpread parameter"
  ],
  "stop_loss": "set in points via the StopLoss parameter",
  "take_profit": "set in points via the TakeProfit parameter",
  "position_size": "null",
  "evidence_type": "source_code",
  "completeness": 50.0,
  "signal_warnings": [
    "VAGUE ENTRY: every entry rule is a placeholder phrase rather than a testable condition (no comparison, threshold or number anywhere). The rules were not actually recovered from the source."
  ],
  "claim_warnings": [
    "RECOVERY SIZING: position size increases after losses (martingale/grid/averaging). Equity curves look smooth until the run that does not recover - judge it on worst-case exposure, not win rate."
  ],
  "opacity_warnings": null,
  "build_warnings": null,
  "canonical": "https://prismaticalgos.com/compendium/algo/2692-advisor-based-on-rsi-and-martingale",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://www.mql5.com/en/code/46339",
  "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."
}