# BBRSI

A strategy using Bollinger Bands and RSI for trading XAUUSD on 5M timeframe

Canonical: https://prismaticalgos.com/compendium/algo/827-bbrsi
Record ID: 827
Catalog rank: 897 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Mean Reversion & Counter-Trend (B)
Source: https://raw.githubusercontent.com/geraked/metatrader5/HEAD/Experts/BBRSI.mq5
Evidence label (unverified): source_code

## 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
- timeframes: 5M
- sessions: Not specified
- market_regime: any

## Indicators

- Bollinger Bands: {"deviations": 2, "period": 500}; applied to: close
- RSI: {"period": 7}; applied to: close

## Recorded long-entry rules

- RSI[2] < 30 && Close(2) < BB_L[2] && RSI[1] > 30 && Close(1) > BB_L[1] && RSI[1] < 50 && Close(1) < BB_M[1]

## Recorded short-entry rules

- RSI[2] > 70 && Close(2) > BB_U[2] && RSI[1] < 70 && Close(1) < BB_U[1] && RSI[1] > 50 && Close(1) > BB_M[1]

## Recorded exit rules

- Close(2) <= BB_M[2] && Close(1) > BB_M[1]
- Close(2) >= BB_M[2] && Close(1) < BB_M[1]

## Recorded filters

- News Enable
- Spread Limit
- Margin Limit

## Risk controls

- Stop loss: BB_L[1] - SLCoef * (BB_M[1] - BB_L[1]) - SLDev * _Point
- Take profit: in + TPCoef * MathAbs(in - sl)
- Position sizing: Risk * 0.01