EDGE #2: H1 Four-Candle Streak + RSI(2) Snapback
Buys pullbacks in an uptrend (close above SMA 100) after four bearish H1 candles in a row with RSI(2) below 10, and sells the mirror image in a downtrend. 15-pip target, 30-pip stop.
Tested on EURUSD M1, 2024-10 to 2026-10
- Profit factor, year 1 / year 2
- 1.19 / 1.33
- Trades
- 202
- Max drawdown
- 7.8%
- Timeframe
- H1
Free account. The template opens as a new project you can edit, backtest and export.
Past results on one symbol, from one broker’s data. They do not predict future results: test on your own data and on a demo account first.
Inputs you can tune
| Input | Default | |
|---|---|---|
MagicNumber | 930002 | Identifies this EA's trades |
StreakCandles | 4 | Candles in a row against the trend |
TrendSMA | 100 | Trend filter SMA period |
StopLossPips | 30 | Stop loss, pips |
TakeProfitPips | 15 | Take profit, pips |
RiskPercent | 1 | Risk per trade, % of equity |
More templates
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- EDGE #5: London Open Stop-Order Breakout (Tue–Thu) · M15
- EDGE #6: H4 Connors RSI(2) Extreme + SMA(5) Exit · H4
- EDGE #7: M30 RSI(14) Extreme Basket Grid · M30
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The free plan includes three projects, backtests on H1 to D1 over a year, MQL4/MQL5 export and the converter.