{
  "portfolio_constraints": {
    "min_cash_reserve_ratio": 0.2,
    "max_cash_reserve_ratio": 0.3,
    "min_cash_reserve_amount": 1000000,
    "max_holdings_count": 20,
    "max_position_size_ratio": 0.04,
    "min_position_size_ratio": 0.02,
    "max_sector_concentration": 0.4,
    "leverage_etf_max_ratio": 0.20,
    "mean_reversion_max_capital": 0.30,
    "rebalance_threshold": 0.1
  },
  "risk_management": {
    "max_daily_loss": 0.03,
    "max_daily_trades": 10,
    "max_loss_per_trade": 0.08,
    "stop_loss_low_vol": -6.0,
    "stop_loss_high_vol": -10.0,
    "atr_stop_multiplier": 2.5,
    "atr_trailing_multiplier": 1.5,
    "trailing_stop_loss": 0.02,
    "daily_profit_target": 0.05,
    "mdd_pause_threshold": -10,
    "mdd_force_threshold": -20,
    "consecutive_loss_ban_count": 3,
    "consecutive_loss_ban_days": 30,
    "overheat_filter": {
      "enabled": true,
      "max_gain_3day": 15.0,
      "max_gain_5day": 20.0,
      "max_gain_10day": 30.0,
      "max_disparity_20ma": 108.0
    },
    "bear_market_filter": {
      "enabled": true,
      "description": "코스피 200일 MA 기반 하락장 방어 전략 (섹션 7.1)",
      "conditions": {
        "bull": "코스피 > MA200 AND MA200 기울기 양(+)",
        "bear": "위 조건 미충족"
      },
      "bearish_actions": {
        "min_score": 5,
        "max_trades_per_day": 3,
        "position_multiplier": 0.5
      },
      "strong_bearish_actions": {
        "min_score": 8,
        "max_trades_per_day": 1,
        "position_multiplier": 0.1
      }
    }
  },
  "rules": [
    {
      "name": "RSI+볼린저 평균회귀",
      "description": "RSI 과매도 + 볼린저 하단 평균회귀 전략 (CLAUDE.md 섹션 7)",
      "rule_type": "MEAN_REVERSION",
      "is_active": true,
      "priority": 1,
      "conditions": {
        "rsi_bull_max": 25,
        "rsi_bear_max": 35,
        "bb_proximity_pct": 1.0,
        "min_price_krw": 5000,
        "min_price_usd": 4.0,
        "min_volume_vs_avg": 1.0
      },
      "actions": {
        "action_type": "buy",
        "position_sizing": {
          "method": "fixed_ratio",
          "target_ratio": 0.04
        },
        "stop_loss_atr_mult": 2.5,
        "stop_loss_max_pct": -8.0,
        "take_profit": 5.0,
        "stop_loss": 6.0,
        "exit_1_rsi": 50,
        "exit_1_pct": 0.50,
        "exit_2_rsi_min": 60,
        "exit_2_rsi_max": 70
      }
    }
  ]
}