Data-Driven Trading: The FOREXX Mean Reversion Bot 🐂📈

Meet the new cBot designed for EURUSD (and other Forex) on the 15-minute timeframe. This bot relies on strict technical rules to identify potential market corrections based on volatility and momentum.

Technical Approach: The strategy utilizes Bollinger Bands to identify price extremes and confirms entries with RSI to filter potential overbought/oversold conditions, aiming for a reversion to the mean.

Key Features:

• ⚙️ Strategy: Bollinger Band (2.5 StdDev) + RSI Confirmation.
• 🛡️ Risk Management: Daily Drawdown limits, automated session filters to avoid rollover fees, and Friday afternoon trade shutdowns.
• 📏 Position Sizing: Fixed risk per trade based on ATR-driven Stop Loss (RR 1:3.0).

It is highly costomizable and can be deeply optimized.