RSI oversold + bullish close
Open a buy when RSI(14) is below 30 and the last candle closes bullish.
Is this rule correct?
OpenForex turns your trading idea into clear, confirmed rules, checks them on every closed candle and sends trade commands to your MetaTrader EA — with backtests, decision logs and analytics in one panel.
MetaTrader 5 and MetaTrader 4 · Demo and live accounts
Open a buy when RSI(14) is below 30 and the last candle closes bullish.
Is this rule correct?
Close the position at 20 pips loss or 40 pips profit.
Size each position so a stop-out loses at most 1% of the balance.
Move the stop loss to the entry price once the trade is 20 pips in profit.
Received 120 candles M15 from account 51046723
RSI(14) is at 27.4 and the candle closed bullish — all entry conditions are met.
| Status | Symbol | Direction | Ticket | Volume | Profit/Loss |
|---|---|---|---|---|---|
| Open | EURUSD | Buy | 48213907 | 0.20 | +$0.00 |
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