{
  "id": 524,
  "rank": 1346,
  "name": "RSI Eraser",
  "aka": [
    "iRSI (Relative Strength Index, RSI) indicator signals"
  ],
  "family": "B",
  "subtype": "B7",
  "one_liner": "Enters trades based on RSI values above 50% on the H1 timeframe.",
  "market_regime": "trending|ranging|volatile|breakout|null",
  "timeframes": [
    "H1"
  ],
  "symbols": [
    "null"
  ],
  "sessions": [
    "null"
  ],
  "indicators": [
    {
      "name": "iRSI",
      "params": {
        "period": 14
      },
      "applied_to": "close"
    }
  ],
  "entry_long": [
    "RSI is above 50% on the H1 timeframe",
    "Stop Loss condition is met"
  ],
  "entry_short": [
    "Opposite conditions to entry_long"
  ],
  "exit_rules": [
    "Moving to breakeven if the price has passed a distance in the positive direction which is not less than the stop loss size",
    "If there is an open position that was opened yesterday or earlier, signals to open a new position will be handled",
    "If the open position was opened today, signals will be ignored"
  ],
  "filters": [
    "null"
  ],
  "stop_loss": "Stop loss is equal to the low of the previous daily bar minus 10 points",
  "take_profit": "Take profit is three times the size of the stop loss",
  "position_size": "Position volume is calculated as percent of free margin",
  "evidence_type": "source_code",
  "completeness": 50.0,
  "signal_warnings": null,
  "claim_warnings": null,
  "opacity_warnings": null,
  "build_warnings": null,
  "canonical": "https://prismaticalgos.com/compendium/algo/524-rsi-eraser",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://www.mql5.com/en/code/19414",
  "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."
}