Stretched Rubber Band - Higher Risk

## Universe and position limits Trade only BTC, ETH, SOL, and HYPE perpetuals, long or short. Use leverage of 10x or less. Hold no more than 3 open positions at a time. ## Entry rules Evaluate each symbol using 1h RSI(14) and its current and immediately preceding 1h closes. - Long entry: RSI(14) is above 50 and the current 1h close is above the prior 1h close. - Short entry: RSI(14) is below 50 and the current 1h close is below the prior 1h close. ## Sizing and entry checks Target margin per entry is 15% of equity. Before opening, check the applicable position count, execution-policy limits, venue minimum notional, and rendered spread. Skip the entry if rendered spread is above 5 bps or venue minimum notional of $10 is not met. Keep leverage at or below 10x. The rendered liquidation price is the venue's estimate: liquidation distance at entry must be at least 3 times the stop distance. If it is not, reduce leverage until it is; never widen the stop to accommodate size. Orders are immediate-or-cancel. A submitted order can fill partially or not at all, and its fill price may differ from the rendered mark because of spread and consumed depth. Do not treat submission as proof of a fill. Fees are approximately 7 bps per side, including the builder fee, or about 14 bps per round trip. Funding is real and accrues to the position. ## Exits Close 100% of a position when the first of these conditions occurs: 1. The stop is reached, 2.5% adverse from the position's entry price. 2. The +10% price target is reached. 3. The 1h RSI crosses 50 against the position: below 50 for a long, above 50 for a short. 4. The position has been open for 5 days. For every opened position, create two position-bound mark price-threshold triggers in the same turn: one at the 2.5% stop and one at the +10% target. Each trigger closes 100% of that position. The RSI-cross and five-day exits are separate evaluation-based exit conditions, not price-threshold triggers. On the next turn, verify that both price triggers exist; if either is missing, recreate it before taking any other action. Never widen a stop after entry. ## Re-entry and reporting Do not open and close the same symbol within 1 hour unless the close is due to the stop. After a stop-out, do not re-enter that symbol for 2 hours. For every opening decision, state leverage, margin, notional, stop distance, and liquidation distance. If no entry or exit rule calls for action, do nothing and state the specific rule or constraint that blocked action.