RSI Extreme Reversal Bot – XAGUSD M15
The RSI Extreme Reversal Bot is an automated trading system designed specifically for XAGUSD (Silver) on the 15-minute timeframe, using an RSI(4) strategy to capture sharp price reversals after extreme oversold conditions.
This bot is built to take advantage of panic-style selloffs in the market, where price is statistically stretched and a rebound becomes highly probable.
🔹 Trading Logic
The bot uses a dual-entry system based on the RSI(4):
1️⃣ First Entry – Main Reversal
When RSI(4) crosses below 12, the market is in a deeply oversold condition.
➡ The bot opens a BUY
🎯 Take Profit: 6 pips
This trade targets the main rebound after a strong drop.
2️⃣ Second Entry – Extreme Exhaustion
If RSI(4) continues falling and crosses below 5, the market is in extreme exhaustion.
➡ The bot opens a second BUY
🎯 Take Profit: 15 pips
This trade is designed to capture a quick bounce that often happens when price reaches extreme levels.
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