Trading Bot

Mean Reversion

Mode

Paper Trading

Strategy Configuration

Adjust mean reversion parameters and risk settings

Bollinger Bands

Price volatility indicators

Period20

Lookback period for calculating moving average (10-50)

Standard Deviations2.0

Width of bands (1-3, higher = wider)

RSI (Relative Strength Index)

Momentum indicator

Period14

Lookback period (7-21, standard is 14)

Oversold30

Buy signal threshold

Overbought70

Sell signal threshold

Exit Strategy

Profit targets and stop loss

Profit Target %+2.50%

Exit trade at this profit level

Stop Loss %-2.50%

Exit trade at this loss level

Risk Management

Position sizing and limits

Risk per Trade %2.0%

Max capital loss per trade (recommended: 1-2%)

Daily Loss Limit %-5.0%

Stop trading when daily loss reaches this

Max Concurrent Trades5

Maximum open trades at once

📊 Strategy Tips

Conservative Setup: Lower risk per trade (1%), higher std dev (2.5), wider RSI thresholds (25/75)

Aggressive Setup: Higher risk per trade (2%), lower std dev (1.5), tighter RSI thresholds (35/65)

Best Practice: Start conservative, backtest thoroughly, then optimize based on results