🤖📉 Mean Reversion Bot
What is the Mean Reversion Bot?
The Mean Reversion Bot is an automated futures trading strategy that profits from price bounces. When a coin's price drops too far below its average (oversold), the bot opens a long position expecting a bounce back up. When price rises too far above its average (overbought), it opens a short position expecting a pullback.
Think of it like a rubber band — the further you stretch it, the harder it snaps back. The bot finds coins that are "stretched" too far from their normal price and trades the snap-back.
In simple terms: Buy low, sell high — but automated, across 50+ coins, 24/7.
How Does It Work?
The Scanning Cycle
Every 15 minutes (configurable), the bot runs through this cycle:
1. Fetch the top 50 coins by market cap
2. Remove stablecoins and your blacklisted symbols
3. For each remaining coin:
a. Download the latest price candles from your exchange
b. Calculate 4 technical indicators
c. Check if enough conditions are met for entry
4. Rank valid opportunities
5. Open positions (respecting your limits)
6. Wait 15 minutes, repeatWhat the Bot Looks For
The bot calculates four indicators on each coin and checks if enough of them signal an entry. You can configure how many must agree (default: 2 out of 4).
For a Long (Buy) Entry:
RSI
Is the coin oversold?
RSI below 30
Bollinger Bands
Has price dropped below normal range?
Price below the lower band
Stochastic
Is selling momentum exhausted?
Stochastic below 20
EMA Filter
Is the broader trend supportive?
Price relative to the moving average
For a Short (Sell) Entry:
RSI
Is the coin overbought?
RSI above 70
Bollinger Bands
Has price risen above normal range?
Price above the upper band
Stochastic
Is buying momentum exhausted?
Stochastic above 80
EMA Filter
Is the broader trend supportive?
Price relative to the moving average
You don't need to understand these indicators. The bot handles the math. But if you want to tune them, every threshold is adjustable in the Config tab.
Position Lifecycle
How Exits Work
Once a position is open, the bot monitors it every second and closes it when any of these conditions are met:
Take Profit
Price reaches your target (default +20%)
Position closed at profit. Cooldown does NOT apply.
Stop Loss
Price hits your stop (default -10%)
Position closed at loss. Symbol enters 48-hour cooldown.
Timeout
Position held longer than max days (default 14)
Position closed at current price, win or lose.
Manual Close
You click "Close" on a position
Position closed immediately at market price.
Kill Switch
You activate the emergency button
ALL positions closed + bot stopped.
Why Cooldowns Exist
After a stop loss, the bot avoids re-entering the same coin for 48 hours (configurable). This prevents the bot from repeatedly buying into a coin that's in a genuine downtrend rather than a temporary dip.
Cooldowns only activate after stop-loss exits. Take-profit and timeout exits do NOT trigger cooldowns.
Position Limits
The bot enforces strict limits to manage risk:
Max total positions
6
Diversification — never all-in on one setup
Max long positions
3
Balanced exposure
Max short positions
3
Balanced exposure
Min trade size
$10
Below this, exchange fees eat the profit
Delta-Neutral Priority
The bot tries to keep your long and short positions balanced. If you have 2 longs and 0 shorts, it will prioritize short entries to reduce directional risk.
Default Settings
These are the values the bot uses when you first start it. All are adjustable in the Config tab.
Trade Settings
Exchange
Bybit
Which exchange to trade on
Leverage
1×
Futures leverage (1× = no leverage)
Margin Mode
Isolated
Each position has its own margin
Order Type
Limit
Uses limit orders (not market) for better fills
Capital per Trade
15%
Each position uses 15% of your free balance
Capital Mode
Dynamic
Percentage of your current balance (adjusts as you trade)
Risk Settings
Take Profit
20%
Close at 10% profit
Stop Loss
10%
Close at 5% loss
Max Holding Days
14
Auto-close after 14 days
Cooldown
48 hours
Wait time after stop-loss before re-entering the symbol
Indicator Settings
EMA Period
50
Lookback for the trend filter
Bollinger Period
20
Lookback for the volatility bands
Bollinger Std Dev
2.0
How wide the bands are (higher = fewer signals)
RSI Oversold
30
Below this = oversold (buy signal)
RSI Overbought
70
Above this = overbought (sell signal)
Stochastic Oversold
20
Below this = oversold confirmation
Stochastic Overbought
80
Above this = overbought confirmation
Min Conditions Required
2
How many indicators must agree (out of 4)
Direction Settings
Allow Longs
✅ On
Bot can open buy positions
Allow Shorts
✅ On
Bot can open sell positions
Scan Frequency
15 min
How often the bot scans the market
Presets
Don't want to configure everything manually? Choose a preset:
Conservative
Best for: New users, small accounts, risk-averse traders.
Capital per Trade
10%
Take Profit
5%
Stop Loss
3%
RSI Oversold
25
RSI Overbought
75
Scan Frequency
30 min
Fewer trades, tighter stops, more selective entries.
Moderate (Default)
Best for: Most users. Balanced risk and reward.
Capital per Trade
15%
Take Profit
20%
Stop Loss
10%
RSI Oversold
30
RSI Overbought
70
Scan Frequency
15 min
Aggressive
Best for: Experienced traders with larger accounts who want more action.
Capital per Trade
25%
Take Profit
15%
Stop Loss
8%
RSI Oversold
35
RSI Overbought
65
Scan Frequency
5 min
More trades, wider stops, less selective entries.
What Coins Does It Trade?
The bot automatically scans the top 50 cryptocurrencies by market cap that are available as USDT futures on your exchange. This list updates daily from CoinGecko.
The bot automatically excludes:
All stablecoins (USDT, USDC, DAI, etc.)
Any symbols you've blacklisted
Symbols currently in cooldown
Symbols where you already have an open position
Supported Exchanges
Bybit
✅ Fully Supported
Recommended. Best liquidity for futures.
MEXC
✅ Supported
Swap futures.
Exchange Key Setup
Go to your exchange and create a new API key
Enable Futures Trading permission
Add the API key and secret in Qbots → Settings → Exchange Keys
Select the exchange in the bot's Config tab
Important: The bot needs Futures API keys, not Spot keys. If you get "Invalid API key" errors, check that futures permission is enabled.
Risk Disclaimer
This bot trades leveraged futures — you can lose more than your initial position size with leverage above 1×.
Past performance does not guarantee future results.
Start with low leverage (1×) and the Conservative preset until you understand how the bot behaves.
Never allocate money you cannot afford to lose.
The Kill Switch is your emergency exit — it stops the bot and closes all positions immediately.
FAQ
Q: How much money do I need to start? The minimum trade size is $10. With the default 15% capital allocation, you'd need at least ~$70 in your futures wallet. We recommend starting with $200+ for meaningful diversification across positions.
Q: Can I run the bot on multiple exchanges? Each bot instance runs on one exchange. You can create up to 5 bots, each on a different exchange.
Q: What happens if I stop the bot? Stopping the bot halts scanning for new trades. Existing positions remain open and continue to be monitored for take-profit, stop-loss, and timeout exits.
Q: What happens if the exchange goes down? The bot retries API calls with exponential backoff. If the exchange is unreachable for an extended period, a circuit breaker activates to prevent error spam. Positions resume monitoring once connectivity is restored.
Q: Can I manually close a position? Yes. Go to the Positions tab and click the ✕ button on any open position. It will be closed at market price immediately.
Q: Why does it say "0 opportunities found"? This is normal. The strategy is selective — it only trades when conditions are strongly met. During calm markets, the bot may scan for hours without finding a valid setup. This is by design.
Q: How do I disable short positions? Go to Config → turn off "Allow Short Positions". The bot will only open long (buy) positions.
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