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Bollinger Awesome Band Scalper

FREE

Published: 14 September 2026

Current version: 1.21

Bollinger Awesome Band Scalper

Experts
Recabo Mark Jason Mordeno
Recabo Mark Jason Mordeno
Web Developer at Remote

Philippines

342
Version: 1.21

BBAWE is a scalping Expert Advisor based on the Bollinger Bands and

Awesome Oscillator system.

ENTRY LOGIC

- 3-period EMA crosses the Bollinger Band basis line

- Awesome Oscillator direction confirms the move

- Optional Bollinger Band filter (close must stay within bands)

- Optional BB squeeze filter (relative width threshold)

RISK MANAGEMENT

- Stop Loss placed at the opposite Bollinger Band at entry

- Breakeven at 100 pips profit (configurable)

- Optional 50% partial close at the breakeven trigger

- Trailing stop activates at 150 pips profit, trails at 50 pips

- Optional session filter (server time)

- Optional max-spread filter

RECOMMENDED USAGE

- Symbols: Major FX pairs (EURUSD, GBPUSD, USDJPY, AUDUSD)

- Timeframe: M5 (also works on M1, M15)

- Account: Works on both hedging and netting accounts

- Sessions: Best in volatile London/NY overlap

PARAMETERS

All inputs are documented in the input tab of the EA.

This is a free product intended for testing and community feedback.

more...

Screenshot #1 Bollinger Awesome Band Scalper

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Bollinger Awesome Band Scalper

Recabo Mark Jason Mordeno