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Buy oversold dips with RSI and an automatic stop

WHO IT'S FOR

For people who already know RSI and want to automate dip buying, with the exit defined up front.

WHAT THE BOT DOES
What you tell Shaper
Buy €100 of SOL when the 1h RSI drops below 30, with a 3% stop loss and 5% take profit.
Risk limits
Allowed assets
SOL
Max daily loss per bot
€100
Trading hours
24h
The workflow it buildsPRACTICE
Trigger
Every 1h candleSOL/EUR · on close
Data
SOL candles200 candles · Kraken
Logic
RSI below 30?RSI(14) < 30
Execution
Buy €100SL −3% · TP +5% · paper
RELATED GUIDEHow to backtest a trading strategyRead the guide
FAQ

Frequently asked questions

It's the classic oversold level for RSI(14). Change it and compare with a backtest.

Write your first strategy.

In plain English, the way you'd explain it to a friend. Shaper does the rest.

1,000 free credits · No card · No expiry
  • €100,000 virtual to test with
  • Backtest on real history
  • Data hosted in the EU