Master Bollinger Extended

This Expert Advisor is an improved version of Master Bollinger Bands and has more settings; it can set stop loss per parabolic. Added parameters to improve optimization (for example, to discard profitable settings, but with a small number of transactions).

Like the regular version, the adviser can close positions by a return signal, take profit and stop loss, set the transaction to breakeven when it reaches the center line of Bollinger or at a given value. It can use up to 3 Bollinger indicators and a filter by moving average indicators (described in more detail in the main version).

Input parameters

  • Lots - lot size (with Lots = 0, the lot volume will be calculated from the percentage of available funds in the account);
  • Percentage of free money - percentage of free funds to open each new transaction (works when Lots = 0);
  • MaxSpread - the maximum spread for opening a transaction (for accounts with a floating spread, so that the transaction opens when the spread is not too large);
  • Magic - a unique identifier (it is necessary to make it different if several expert advisors are running in the same terminal);
  • StopLoss - stop loss (in points);
  • TakeProfit - take profit (in points);
  • Stop to breakeven after - set the stop loss to breakeven after passing the specified number of points;
  • EnableAutoClose - automatic closing of orders upon a return signal;
  • TrailingStopValue - value of the trailing stop in points (distance from the current price of the currency pair), if set to = 0, the usual trailing stop is not used;
  • StopToParabolicStep - trailing stop on a parabolic (step indicator Parabolic SAR, 0 - off);
  • BollingerPeriod - period of the Bollinger bands indicator;
  • BollingerDeviations - deviations of the Bollinger bands indicator;
  • Bollinger2Enable - enable / disable the second Bollinger bands indicator;
  • Bollinger2Period - period of the second Bollinger bands indicator;
  • Bollinger2Deviations - deviations of the second Bollinger bands indicator (this parameter should be less than deviations of the first indicator and may even be negative);
  • BreakevenAfterTouchCenter - enable / disable the transfer of a transaction to breakeven when the price touches the center line of Bollinger bands;
  • OtherLinesFilter - if the price touches several lines of the main Bollinger bands indicator at once, the deal does not open;
  • Bollinger3Timeframe - timeframe of the third Bollinger bands indicator (if you do not need to use it, set the current timeframe);
  • Bollinger3Period - period of the third Bollinger bands indicator;
  • Bollinger3Deviations - deviations of the third Bollinger bands indicator;
  • MAFilterStartPeriod - the initial period of the Moving average indicators (if this value = 0, then this filter is not used);
  • MAFilterCount - the number of indicators Moving average;
  • MAFilterIncrease - increase in the period of each indicator Moving average;
  • MAFilterMaxShift - maximum shift to get many filter values ​​(0 - do not use, values ​​not more than 100 are desirable);
  • MAFilterMinimumValue - the minimum value of the sum of all filter signals to open deals (0 - do not use);
  • AdxPeriod - period of the ADX indicator;
  • MinAdxLevel - minimum level of the ADX indicator;
  • MaxAdxLevel - maximum level of the ADX indicator;
  • Trading start hour - hour to start trading;
  • Trading end hour - hour of the end of trading;
  • IncLotAfterProfit - increase the lot after a profitable close of the previous transaction;
  • DecLotAfterLoss - decrease the lot after a loss-making close of the previous transaction;
  • CommentToOrders - comment on deals;
  • ShowInfo - enable the display of information;
  • ShowHints - enable the display of useful tips when placing the adviser on the chart and after editing its settings;
  • FastOptimizationParameter - parameter for accelerating optimization (0-10), in real trading use 0 or 1;
  • CntHoursForVerificationOrder - at least 1 transaction must be completed within this number of hours (it is only necessary to improve optimization in order to immediately discard parameters that are not suitable for the number of transactions), 0 - do not use this parameter and the next 2 parameters;
  • ProfitToLossRatio - the number of profit for losses (for optimization), 0 - off;
  • MaxAllowableLoss - maximum loss, 0 - off.


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AI Prop Firms - Intelligent Automation Built for   Prop Trading Firms . AI Prop Firms is an advanced fully automated Forex trading system powered by   Artificial Intelligence , developed specifically to operate within the strict rules and evaluation models of prop trading firms. The system is designed to trade under controlled risk conditions while   maintaining consistency , stability, and compliance with prop firm requirements. AI Prop Firms uses intelligent market analysis logic that continu
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Nervada Emeule Adams
2.5 (2)
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Saints Row Aggressive Scalper is a high-frequency trading (HFT) Expert Advisor built for traders who demand fast execution, sharp entries, and consistent performance in volatile markets. Designed specifically for XAUUSD (Gold) and USTEC (NASDAQ), this EA is engineered to capitalize on rapid price movements using a precise and aggressive scalping approach. It performs exceptionally well during the New York trading session, where liquidity and volatility create optimal trading conditions. IMPORTA
Big Forex Players MT4
MQL TOOLS SL
4.73 (45)
Experts
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
Forex GOLD Investor
Lachezar Krastev
4.39 (51)
Experts
ULTIMATE SALE! Get Forex GOLD Investor with a huge –60% discount ! Special Ultimate Price: $217 (Regular Price: $547 — You Save $330!) Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 3 trading systems . The first one is based on scalping trading strategy, the second system has time based dependency which opens up to 2 trades at a time and the third system is based on breakout strategy. It has been t
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Marco Solito
4.7 (92)
Experts
Dark Gold  is a fully automatic Expert Advisor for  Scalping   Trading on Gold , Bitcoin , Eurusd and Gbpusd. This Expert Advisor needs attention, in fact presents highly customizable. Dark Gold is based on   Dark Support Resistance indicator   (owning it is not necessary) , these Trades can be manage with some strategies. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get Dark Support Resistance indicator for Free , for More info contact me The basic strategy st
Trend Predictor EA
AW Trading Software Limited
4.47 (15)
Experts
AW Trend Predictor EA - an Expert Advisor that trades using trend indicator signals AW Trend Predictor. Uses indicator strategies TakeProfit and StopLoss. Can use multi-timeframe filtering. Has a fixed StopLoss or StopLoss calculated by the indicator. Time-based work and averaging are functionally possible. Instruction and description ->  HERE  / MT5 version ->  HERE   Benefits: Uses a fixed StopLoss or dynamic StopLoss calculated by the indicator based on the current volatility Has the functi
Multi Sniper mq
DMITRII GRIDASOV
5 (3)
Experts
MULTI SNIPER EA is precise automatic trading system with around 90% accuracy for MT4 platform. This profitable scalping EA is really one of the most stable system on the market at the present time. No grid! No martingale! It is original product which is offered only on this MQL5 website. Download EA Set_files for testing and trading: GBPAUD Set_file GBPCAD Set_file - Implemented compound interest method and scalping techniques. - System sets dynamic SL automatically depending on market volati
Gold Pulse EA mt4
Vasiliy Strukov
Experts
Gold Pulse EA is a multi-strategy Expert Advisor that combines three trading systems into one structured and disciplined framework. Designed specifically for Gold (XAUUSD), it adapts to different market conditions using a mix of intraday swing trading, session-based execution, and daily range strategies. This creates a more balanced and consistent automated trading approach without relying on a single setup. Built with simplicity in mind, Gold Pulse EA requires no set files and is easy to depl
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Alexander Nikolaev
5 (2)
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This EA trades with the trend using several methods to identify and enter a trade. For example, it uses trendlines, Gator and Stochastic indicators to analyze the market. In addition to trading, it can also display trend lines that it trades based on. It has filters for ADX and MA indicators, as well as a sufficient number of settings to be able to optimize on various currency pairs and timeframes. The EA sets stop loss and take profit for each trade, does not have risky trading methods. It is
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This indicator finds and displays the Double Bottom and Double Top technical analysis patterns. Signals (displays a message on the screen) if the shape was formed recently. Often after the appearance of these patterns, the trend reverses or a correction occurs. In order not to search for them yourself, or not to miss their appearance, it is enough to add an indicator to the chart. The indicator can be used on different timeframes and currency pairs, there are settings for a better search on a c
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Alexander Nikolaev
4 (2)
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4.8 (5)
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Alexander Nikolaev
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Moving averages are very often used for analyzing currency pairs and trading. This Expert Advisor can analyze many moving averages at once and trade based on this. When the required number of moving averages signal a purchase, the adviser makes a purchase, if the indicators signal a sale, the advisor sells. Also, there is filtering spurious signals at low volatility based on the ADX indicator. In the settings of the adviser, you can set the required number of sliding ones, their period (the init
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Alexander Nikolaev
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This adviser trades on the signal of the Bollinger Bands indicators: it buys at the lower levels when the price rebounds, and sells at the upper. Has the ability to close positions on the return signal, take profit or stop loss. Many traders use the Bollinger Bands indicator, and some use several Bollinger indicators on the same chart. In this adviser, you can use up to 3 of these indicators. When using the first and second indicators, the transaction will be carried out between the lines of the
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5 (1)
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Alexander Nikolaev
4.67 (3)
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This Expert Advisor trades based on the Bollinger Bands indicator. It performs trades after a price rebound from the borderlines of the indicator. It is simple to use, contains only a few settings, which are easy to understand. This is the simplified version of the Master Bollinger Bands Expert Advisor. For better trading results, it is recommended to use the full version of the EA: https://www.mql5.com/en/market/product/21788 The free version does not provide the ability to use multiple indicat
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Alexander Nikolaev
5 (1)
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Alexander Nikolaev
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Free indicator to quickly detect trendline breakouts and high or low of a price range. It displays lines based on the highs and lows of prices, and also finds and displays inclined trend lines. As soon as the price goes beyond the line and the candlestick closes, the indicator signals this with an arrow (you can also enable an alert). This indicator is easy to use and also free. The number of candles for defining trend lines as well as the high and low of the trading range is configurable. It w
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Easy Parabolic Sar
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The indicator draws price channels. It can be customized so that only buy or sell channels are displayed. Also, trend lines can be displayed instead of channels. This indicator is easy to use, but nevertheless, there are many trading strategies based on channel trading. Advisor based on this indicator:  https://www.mql5.com/en/market/product/37952 Parameters History - maximum number of bars to build channels; Distance - minimum distance from one High (or Low) to another when constructing a chann
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Alexander Nikolaev
Experts
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4.33 (3)
Experts
This Expert Advisor is the free version of "Bollinger with WPR scalper", which is based on the Bollinger bands and Williams' Percent Range indicators. Limitations of the free version: lot is fixed to 0.01, only the EURUSD currency pair is supported, trading time cannot be selected, trailing stop is not available. Nevertheless, it can make quite a lot of deals, so you do not have to wait for positions to be opened (with the appropriate settings and timeframes below H1). The EA can be used on time
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4.17 (6)
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The indicator finds strong trend movements of a currency pair over the specified number of bars. It also finds correction to this trend. When the trend is strong enough, and the correction becomes equal to the values specified in the parameters, the indicator generates a signal. You can set different correction values, while the best suiting are 38, 50 and 62 (Fibonacci levels). In addition, you can configure the minimum length of trend, the number of history bars for search and other parameters
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Alexander Nikolaev
3.5 (2)
Indicators
Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. This is a demo version that works only on the USD/JPY currency pair. To work on all currency pairs, install the full version: https://www.mql5.com/en/market/product/15888 Parame
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Alexander Nikolaev
3 (1)
Experts
This is a simple and free Expert Advisor that trades candlesticks. It compares several nearest bars and their volumes, and opens a trade based on that data. Unlike the professional version , it analyzes only 1 timeframe. The recommended timeframes for this EA are H1, H4, D1, it works with any currency pairs. The parameters always need to be optimized before trading, as well as after some period of trading. Input Parameters Lots - lot size (if Lots=0, then the lot will be calculated based on the
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Volume Levels MT5 Free
Alexander Nikolaev
Indicators
This indicator is able to determine the price levels at which there was the most volume for the specified period of history. In the future, the price often bounces off such levels, and this can be successfully applied in trading. They are displayed as lines, some parameters for determining the levels can be adjusted. This indicator is simple, therefore, it does not report signals, and only builds levels on EUR/USD. Parameters HistoryBars - the number of bars to determine the near volume levels;
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Three Fractals demo
Alexander Nikolaev
Experts
This Expert Advisor identifies trend reversals based on fractals and some other indicators. It is a free lite version of Three fractals Brief description of the trading strategy: when the fractals were formed after a prolonged fall, and the last fractal did not update the minimum of the previous bar's lower fractal, then a trend reversal is determined (at the same time, there must be a fractal in the middle, which is higher than the others). Similarly, opposite for growth. In case other indicato
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4.67 (3)
Indicators
The indicator draws lines the the price highs and lows. Break through the high or low usually indicates trend change (or continuation). Once the price moves through a line, and the candlestick closes, the indicator draws an appropriate arrow (also, you can enable alerts). A deal should be conducted in the breakthrough direction immediately or after a slight rollback. It is best to trade following the trend on a larger timeframe. This indicator is easy to use, but nevertheless, there are many tra
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Alexander Nikolaev
5 (1)
Indicators
The demo version of the Colored Candles indicator - calculates the parameters of each candle, as well as its volume. After that, it paints the candles depending on their strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indicator helps to analyze the price movement, as well as market entry points. The more accurate signals are formed on the higher
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Alexander Nikolaev
4.5 (2)
Utilities
The utility manages other EAs' orders as well as the ones opened manually. It is capable of trailing the price (trailing stop function), set a stop loss and take profit if they have not been set before. When configuring the utility for an EA having no trailing stop function, place it to the new window with the same currency pair specifying the same Magic value (as for the EA orders the stop loss is to be applied to). You can set any timeframe. It does not affect the utility operation. Set Magic
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Volume Candles
Alexander Nikolaev
Indicators
Volumes are one of the most important factors of trading, as it is the high volumes that move the market in either direction. But there are very few standard indicators for volumes in MetaTrader 4. The Volume Candles analyses the volumes of the trades and displays candles depending on these volumes. The candle appears once the required number of volumes has passed during trading (the VolumeCandle parameter). If the candles close frequently and are thin, then the volumes on the market are current
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Alexander Nikolaev
5 (3)
Indicators
Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. It works on any currency pair. Parameters HistoryBars - the number of bars to determine the near volume levels; Range - the maximum distance above and below the current price to
EMA 8 and 18 Trading System
Alexander Nikolaev
2 (1)
Experts
This EA implements the EMA 8/18 strategy, which is used by many traders. Brief description of the strategy: The Buy is determined when the EMA 8 indicator crosses the EMA 18 from below, with the price moving more than 50 points from the crossing. The buy position is opened when the price touches the EMA for the first time, after that, as the price rises, the trade is maintained by a trailing stop with a step of 30-35 points. The opposite is for opening a sell position. The parameters of the fast
ProCandles
Alexander Nikolaev
Experts
Some experienced trades can tell where the price will go even without indicators, as the direction of the price can be found using the ordinary candlesticks. The EA compares several nearest bars and their volumes, and opens a trade based on that data. Also, it is able to analyze the candles on two timeframes at the same time to make the entry more accurate and less risky. In addition, the EA can automatically determine the take profit and stop loss size depending on the size of the previous cand
Colored candles
Alexander Nikolaev
Indicators
Some candles have a strong tendency to continue the movement or to revert it. With the help of the Colored candles indicator such movements are clearly visible. This indicator calculates the parameters of each candle, as well as its volume, and after that it paints the candles depending on its strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indi
Multi Alligator Signals
Alexander Nikolaev
Utilities
It is good to know the presence of a trend on multiple timeframes at once. And even better - on multiple currency pairs at once. This indicator allows to quickly determine the presence of a trend or a flat on 8 timeframes and from 1 to 15 currency pairs at once. Multi Alligator Signals analyzes the signals of the Alligator indicator by Bill Williams on every timeframe (from M1 to W1) and multiple currency pairs (up to 15) simultaneously. If there is a buy signal, a green upward arrow is drawn, i
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