Mean reversion · EA-011 · v1.00
PipFix RsiReversal
Buys oversold pullbacks inside an uptrend, sells overbought pullbacks in a downtrend
Backtest
XAUUSD · H1 · 2024-09-01 to 2026-09-01
- Net profit
- $2,454
- Profit factor
- 1.79
- Relative drawdown
- 5.30%
- Trades
- 105
- Win rate
- 61.90%
- Modelling quality
- 98%
Test conditions. Symbol XAUUSD, timeframe H1, 2024-09-01 to 2026-09-01, initial balance $10,000, spread 1 minute OHLC, modelling quality 98%, run on Exness-MT5Real39. Past results do not predict future results.
Publish gate
| Criterion | Measured | Needs | Result |
|---|---|---|---|
| Closed trades ≥ 80 | 105 trades | >= 80 | Pass |
| Profit factor ≥ 1.15 | 1.790 | >= 1.15 | Pass |
| Relative drawdown ≤ 25% | 5.30% | <= 25% | Pass |
| Modelling quality ≥ 90% | 98.00% | >= 90% | Pass |
| Out-of-sample not a catastrophe | true | true in stats.json | Pass |
| Curve not carried by one trade | true | true in stats.json | Pass |
Download
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How it works
# PipFix RsiReversal
**Buys oversold pullbacks inside an uptrend, sells overbought pullbacks in a downtrend**
* Product name: `PipFixRsiReversal`
* File: `PipFix_RsiReversal.ex5`
* Category: Pullback / reversal
* Default timeframe: H1
* Validated symbol: XAUUSD H1 (the only symbol walk-forward validated — see the measured result above)
* Magic number: 8850107
* Martingale / grid / averaging: **NO - none, ever**
* Stop Loss + Take Profit: **attached to every order at the moment it is opened**
* Branding: `pipfixalgo.com` watermark locked to the chart
---
## Measured backtest result
| | |
|---|---|
| Tested on | **XAUUSD H1** |
| Backtest period | **2024.09.01 to 2026.09.01** |
| **Length of the test** | **24 months of market data** |
| Net profit on 10 000 USD | **2,453.75 USD** |
| Average monthly return | **0.92%** (compounded, over the 24 months) |
| Maximum drawdown | **4.09%** |
| Profit factor | **1.79** |
| Trades | 105 |
Full report, screenshots and the exact settings file: `Backtest/BACKTEST_RESULTS.md`
## 1. What this robot does
Trend-following entries at a discount. Instead of buying a breakout, the robot waits for the market to pull back until RSI is oversold and then buys the moment RSI turns back up - but only if the bigger picture (200 EMA) is still bullish. Shorts are the exact mirror.
## 2. Exact trading rules
1. BUY when RSI crosses back up through 32 and price is above the 200 EMA.
2. SELL when RSI crosses back down through 68 and price is below the 200 EMA.
3. Stop Loss = 1.8 x ATR, Take Profit = 2.8 x ATR.
4. Position closes early when RSI reaches the opposite extreme.
5. Turn InpUseTrendFilter off to trade it as a pure range reversal system.
## 3. Risk management built in
| Protection | What it does |
|---|---|
| Percent risk sizing | Lot size is calculated from `InpRiskPercent` and the real stop distance, so every trade risks the same fraction of the balance. |
| Fixed lot mode | Set `InpUseRiskPercent = false` to use `InpFixedLot` instead. |
| Hard lot cap | `InpMaxLot` can never be exceeded, whatever the balance. |
| One position rule | `InpMaxOpenTrades` (default 1) - no stacking, no averaging down. |
| Daily loss stop | Trading halts for the rest of the day after `InpDailyLossStopPct` percent loss. |
| Daily trade cap | `InpMaxTradesPerDay` limits overtrading (0 = unlimited). |
| Spread guard | No entry while spread is above `InpMaxSpreadPoints`. |
| Break-even | Stop moves to entry after `InpBE_ATR` x ATR of profit. |
| ATR trailing stop | Locks in profit as the move extends. |
**No martingale guarantee.** The position size function of this EA reads only the account balance, the
risk percent and the stop distance. It never reads the result of the previous trade, so a loss can
never increase the next lot size. There is no grid, no hedge basket and no recovery multiplier
anywhere in the code.
## 4. Parameters
| Parameter | Default | Meaning |
|---|---|---|
| `InpTF` | `16385` | Working timeframe |
| `InpAllowLong` | `true` | Allow BUY trades |
| `InpAllowShort` | `true` | Allow SELL trades |
| `InpUseStrategyExit` | `true` | Close early on opposite signal |
| `InpRSIPeriod` | `14` | RSI period |
| `InpOversold` | `32.0` | Oversold level |
| `InpOverbought` | `68.0` | Overbought level |
| `InpTrendEMA` | `200` | Trend filter EMA |
| `InpUseTrendFilter` | `true` | Trade only with the trend |
| `InpUseRiskPercent` | `true` | Size position from % risk (false = fixed lot) |
| `InpRiskPercent` | `1.0` | Risk per trade, % of balance |
| `InpFixedLot` | `0.10` | Fixed lot when % risk is off |
| `InpMaxLot` | `5.0` | Hard maximum lot |
| `InpMaxOpenTrades` | `1` | Max simultaneous positions of this EA |
| `InpMaxTradesPerDay` | `0` | Max entries per day (0 = unlimited) |
| `InpDailyLossStopPct` | `5.0` | Stop for the day after this % loss (0 = off) |
| `InpATRPeriod` | `14` | ATR period for stops |
| `InpSL_ATR` | `1.8` | Stop Loss = ATR x this |
| `InpTP_ATR` | `2.8` | Take Profit = ATR x this |
| `InpMinSLPoints` | `80` | Minimum SL distance in points |
| `InpUseBreakEven` | `true` | Move SL to break-even |
| `InpBE_ATR` | `1.0` | Break-even trigger = ATR x this |
| `InpUseTrailing` | `true` | ATR trailing stop |
| `InpTrail_ATR` | `1.5` | Trailing distance = ATR x this |
| `InpMaxSpreadPoints` | `30` | Max allowed spread in points |
| `InpUseTimeFilter` | `false` | Restrict trading hours (server time) |
| `InpStartHour` | `7` | Trading start hour |
| `InpEndHour` | `20` | Trading end hour |
| `InpAvoidFriday` | `false` | No new trades on Friday |
| `InpMagic` | `8850107` | Magic number - keep unique per chart |
| `InpTradeComment` | `PipFix RsiReversal` | Order comment |
| `InpSlippage` | `20` | Max deviation in points |
## 5. Installation
1. In MetaTrader 5 choose **File -> Open Data Folder**, open `MQL5\Experts\` and create a folder named `PipFix`.
2. Copy the downloaded **PipFix RsiReversal.ex5** into `MQL5\Experts\PipFix\`. It is already compiled — there is no source file and nothing to build.
3. Back in MT5, right-click the **Navigator** panel and choose *Refresh*, then drag **PipFix RsiReversal** onto a **H1** chart of **XAUUSD**.
4. On the **Common** tab tick *Allow Algo Trading*.
5. On the **Inputs** tab press **Load** and select the settings file you downloaded, **PipFix_RsiReversal_XAUUSD_H1_BACKTESTED.set**.
6. Make sure the **Algo Trading** button in the MT5 toolbar is green.
## 6. How to reproduce the backtest
1. **View -> Strategy Tester** (Ctrl+R).
2. Expert: `PipFix\PipFix_RsiReversal`, Symbol: XAUUSD, Period: H1.
3. Modelling: *Every tick based on real ticks* (or *1 minute OHLC* for a fast first pass).
4. Set the date range, deposit and leverage you want to publish, load the `.set` file, press **Start**.
5. When it finishes, open the **Backtest** tab, right-click -> **Report** to save the HTML/XML report.
The measured results for this EA are in `Backtest/BACKTEST_RESULTS.md` in this folder, together with
the report screenshots. Those numbers come from an actual Strategy Tester run - the settings, symbol,
period and date range used are printed at the top of that file so anyone can repeat it.
## 7. Honest notes
* Past backtest performance is not a promise of future results. Spread, swap and execution differ
between brokers, and a different broker will produce a different curve.
* This robot trades one position at a time with a fixed stop. It is designed to survive, not to
produce a straight equity line.
* Use it on a demo account for at least a few weeks before risking real money.
---
(c) pipfixalgo.com - PipFix RsiReversal v1.00
**Best conditions:** H1 and H4 majors. The trend filter is the difference between a solid system and catching falling knives - leave it on.
**Buys oversold pullbacks inside an uptrend, sells overbought pullbacks in a downtrend**
* Product name: `PipFixRsiReversal`
* File: `PipFix_RsiReversal.ex5`
* Category: Pullback / reversal
* Default timeframe: H1
* Validated symbol: XAUUSD H1 (the only symbol walk-forward validated — see the measured result above)
* Magic number: 8850107
* Martingale / grid / averaging: **NO - none, ever**
* Stop Loss + Take Profit: **attached to every order at the moment it is opened**
* Branding: `pipfixalgo.com` watermark locked to the chart
---
## Measured backtest result
| | |
|---|---|
| Tested on | **XAUUSD H1** |
| Backtest period | **2024.09.01 to 2026.09.01** |
| **Length of the test** | **24 months of market data** |
| Net profit on 10 000 USD | **2,453.75 USD** |
| Average monthly return | **0.92%** (compounded, over the 24 months) |
| Maximum drawdown | **4.09%** |
| Profit factor | **1.79** |
| Trades | 105 |
Full report, screenshots and the exact settings file: `Backtest/BACKTEST_RESULTS.md`
## 1. What this robot does
Trend-following entries at a discount. Instead of buying a breakout, the robot waits for the market to pull back until RSI is oversold and then buys the moment RSI turns back up - but only if the bigger picture (200 EMA) is still bullish. Shorts are the exact mirror.
## 2. Exact trading rules
1. BUY when RSI crosses back up through 32 and price is above the 200 EMA.
2. SELL when RSI crosses back down through 68 and price is below the 200 EMA.
3. Stop Loss = 1.8 x ATR, Take Profit = 2.8 x ATR.
4. Position closes early when RSI reaches the opposite extreme.
5. Turn InpUseTrendFilter off to trade it as a pure range reversal system.
## 3. Risk management built in
| Protection | What it does |
|---|---|
| Percent risk sizing | Lot size is calculated from `InpRiskPercent` and the real stop distance, so every trade risks the same fraction of the balance. |
| Fixed lot mode | Set `InpUseRiskPercent = false` to use `InpFixedLot` instead. |
| Hard lot cap | `InpMaxLot` can never be exceeded, whatever the balance. |
| One position rule | `InpMaxOpenTrades` (default 1) - no stacking, no averaging down. |
| Daily loss stop | Trading halts for the rest of the day after `InpDailyLossStopPct` percent loss. |
| Daily trade cap | `InpMaxTradesPerDay` limits overtrading (0 = unlimited). |
| Spread guard | No entry while spread is above `InpMaxSpreadPoints`. |
| Break-even | Stop moves to entry after `InpBE_ATR` x ATR of profit. |
| ATR trailing stop | Locks in profit as the move extends. |
**No martingale guarantee.** The position size function of this EA reads only the account balance, the
risk percent and the stop distance. It never reads the result of the previous trade, so a loss can
never increase the next lot size. There is no grid, no hedge basket and no recovery multiplier
anywhere in the code.
## 4. Parameters
| Parameter | Default | Meaning |
|---|---|---|
| `InpTF` | `16385` | Working timeframe |
| `InpAllowLong` | `true` | Allow BUY trades |
| `InpAllowShort` | `true` | Allow SELL trades |
| `InpUseStrategyExit` | `true` | Close early on opposite signal |
| `InpRSIPeriod` | `14` | RSI period |
| `InpOversold` | `32.0` | Oversold level |
| `InpOverbought` | `68.0` | Overbought level |
| `InpTrendEMA` | `200` | Trend filter EMA |
| `InpUseTrendFilter` | `true` | Trade only with the trend |
| `InpUseRiskPercent` | `true` | Size position from % risk (false = fixed lot) |
| `InpRiskPercent` | `1.0` | Risk per trade, % of balance |
| `InpFixedLot` | `0.10` | Fixed lot when % risk is off |
| `InpMaxLot` | `5.0` | Hard maximum lot |
| `InpMaxOpenTrades` | `1` | Max simultaneous positions of this EA |
| `InpMaxTradesPerDay` | `0` | Max entries per day (0 = unlimited) |
| `InpDailyLossStopPct` | `5.0` | Stop for the day after this % loss (0 = off) |
| `InpATRPeriod` | `14` | ATR period for stops |
| `InpSL_ATR` | `1.8` | Stop Loss = ATR x this |
| `InpTP_ATR` | `2.8` | Take Profit = ATR x this |
| `InpMinSLPoints` | `80` | Minimum SL distance in points |
| `InpUseBreakEven` | `true` | Move SL to break-even |
| `InpBE_ATR` | `1.0` | Break-even trigger = ATR x this |
| `InpUseTrailing` | `true` | ATR trailing stop |
| `InpTrail_ATR` | `1.5` | Trailing distance = ATR x this |
| `InpMaxSpreadPoints` | `30` | Max allowed spread in points |
| `InpUseTimeFilter` | `false` | Restrict trading hours (server time) |
| `InpStartHour` | `7` | Trading start hour |
| `InpEndHour` | `20` | Trading end hour |
| `InpAvoidFriday` | `false` | No new trades on Friday |
| `InpMagic` | `8850107` | Magic number - keep unique per chart |
| `InpTradeComment` | `PipFix RsiReversal` | Order comment |
| `InpSlippage` | `20` | Max deviation in points |
## 5. Installation
1. In MetaTrader 5 choose **File -> Open Data Folder**, open `MQL5\Experts\` and create a folder named `PipFix`.
2. Copy the downloaded **PipFix RsiReversal.ex5** into `MQL5\Experts\PipFix\`. It is already compiled — there is no source file and nothing to build.
3. Back in MT5, right-click the **Navigator** panel and choose *Refresh*, then drag **PipFix RsiReversal** onto a **H1** chart of **XAUUSD**.
4. On the **Common** tab tick *Allow Algo Trading*.
5. On the **Inputs** tab press **Load** and select the settings file you downloaded, **PipFix_RsiReversal_XAUUSD_H1_BACKTESTED.set**.
6. Make sure the **Algo Trading** button in the MT5 toolbar is green.
## 6. How to reproduce the backtest
1. **View -> Strategy Tester** (Ctrl+R).
2. Expert: `PipFix\PipFix_RsiReversal`, Symbol: XAUUSD, Period: H1.
3. Modelling: *Every tick based on real ticks* (or *1 minute OHLC* for a fast first pass).
4. Set the date range, deposit and leverage you want to publish, load the `.set` file, press **Start**.
5. When it finishes, open the **Backtest** tab, right-click -> **Report** to save the HTML/XML report.
The measured results for this EA are in `Backtest/BACKTEST_RESULTS.md` in this folder, together with
the report screenshots. Those numbers come from an actual Strategy Tester run - the settings, symbol,
period and date range used are printed at the top of that file so anyone can repeat it.
## 7. Honest notes
* Past backtest performance is not a promise of future results. Spread, swap and execution differ
between brokers, and a different broker will produce a different curve.
* This robot trades one position at a time with a fixed stop. It is designed to survive, not to
produce a straight equity line.
* Use it on a demo account for at least a few weeks before risking real money.
---
(c) pipfixalgo.com - PipFix RsiReversal v1.00
**Best conditions:** H1 and H4 majors. The trend filter is the difference between a solid system and catching falling knives - leave it on.