Bollinger Bands Tunnel EA

4
Bollinger Bands Tunnel EA is a free expert advisor developed with the idea to be useful for traders who love to trade using the popular indicator Bollinger Bands. Bollinger Bands Tunnel EA has very simple trading logic. It trades inside of the Bollinger Bands indicator. When the price crosses the Bollinger Bands upper line and reverses, the EA opens a SELL position. When the price crosses the Bollinger Bands lower line and reverses then the EA opens a BUY position. The algorithm of closing the trade is also simple. When the price crosses the upper line the EA will close the BUY positions. When the price crosses the lower line the EA will close the SELL positions. There are also TakeProfit and StopLoss parameters which are optional. If you set anything the EA will also use them for closing the trades.

Bollinger Bands Tunnel EA is optimized only for EURCHF currency pair. EURCHF currency pair is a well known ranging pair. This strategy is best for ranging markets. It can be used with any currency pairs and forex instruments which are in ranging periods. But you must do your own optimization for other pairs and instruments.


Recommended timeframe: H1

Recommended backtest method: H1 by every tick

Supported currency pairs: EURCHF


Top Features

  • Strong, pure and simple trading logic
  • Money Management System
  • High spread and slippage protection
  • Uses Most Popular Forex Indicator Bollinger Bands


Bollinger Bands Tunnel EA Settings

==== Risk Management ====

  • FixedLots - fixed trading volume (works if AutoMM1=0).
  • AutoMM – values greater than 0 (zero) activate automatic ММ (traded volume as a percentage of free margin).

==== General Settings ====

  • LongTrades – true/false to enables/disables the long trades.
  • ShortTrades - true/false to enables/disables the short trades.
  • Magic - magic number - it is extremely important to keep this different for all robots.
  • MaxSpread - maximal allowed spread for position opening.
  • Slippage – maximal allowed slippage for position opening.
  • StopLoss - stop loss value in standard 4 digit pips. It is an optional parameter.
  • TakeProfit – take profit value in standard 4 digit pips. It is an optional parameter.
  • EA_Comment - text which will be added as a comment to each trade opened by Bollinger Bands Tunnel EA.

==== Bollinger Bands Settings ====

  • BBands_TimeFrame – The time frame of Bollinger Bands indicator.
  • BBands_Period - The period of Bollinger Bands indicator.
  • BBands_Deviation - The deviation of Bollinger Bands indicator.
  • BBands_AppliedPrice - The applied price of Bollinger Bands indicator.
  • BBands_MaxWidth – The max allowed width of the Bollinger Bands indicator (the difference in pips between upper and lower line) when the EA can trade.
  • BBands_MinWidth - The min allowed width of the Bollinger Bands indicator (the difference in pips between upper and lower line) when the EA can trade.
  • MaxVolatilityIndex – The volatility index of the current market. If you set small value the EA will trade rare but with higher precision. If you set big value the EA will trade often but with less precision.


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Reviews 3
Charles Crete
586
Charles Crete 2025.05.13 02:13 
 

very clean in every way

Jmd1937
64
Jmd1937 2022.11.17 17:53 
 

Didn't run it for long, was impatient with the performance. Now after testing/demo'ing lots of other EAs coming back to this one, in demo and bringing patience, 'cause the stat is good (2.5 pf)- thanks! going to try others now as well!

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PRO ADVANCED MULTI SCALPING EA - is fully automatic multi-pair trading system - very safe with steady growth. This profitable scalping EA is really one of the most stable system on the market at the present time - it takes around 60-90 trades per month.  Download EA Set_files for testing and trading: USDCHF Set_file GBPCHF Set_file GBPCAD Set_file GBPAUD Set_file EURCHF Set_file EURCAD Set_file EURAUD Set_file AUDCAD Set_file Features of EA: - Adjustable Volatility-Adaptive Stop Loss. - Fixe
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4.7 (1090)
Experts
EA Gold Stuff is an Expert Advisor designed specifically for trading gold. The operation is based on opening orders using the Gold Stuff indicator, thus the EA works according to the "Trend Follow" strategy, which means following the trend. Real-time results can be viewed  here . Contact me immediately after the purchase to get personal bonus!  You can get a free copy of our Strong Support and Trend Scanner indicator, please pm. me! Settings  and manual   here  Please note that I do not sell my
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Experts
ORIX System — a trading robot developed specifically for the GBPUSD currency pair on the M5 timeframe. The Expert Advisor is based on price behavior analysis and market structure elements and does not use standard technical indicators. The EA does not use martingale, trading grids, averaging against the market, hedging, opening trades without a stop-loss, or high-frequency or chaotic trading. Live signals Main requirements and recommendations Currency pair: GBPUSD Timeframe: M5 Minimum deposit:
DAX Robot MT4
MQL TOOLS SL
Experts
DAX Robot is an advanced automated trading system developed specifically for the   DAX 40 Index   on the H1 timeframe. Designed to handle the fast paced nature of one of Europe's   most actively traded indices , the robot continuously analyzes market conditions and automatically executes trades based on its built in trading logic. The system focuses on identifying high probability   trading opportunities   by combining trend analysis, market momentum, and volatility based conditions. DAX Robot
EA Black Dragon
Ramil Minniakhmetov
4.75 (567)
Experts
EA Black Dragon runs on the trend indicator. The EA opens a deal by indicator color, then there is the opportunity to increase the network of orders or work with stop loss. Be careful i not sell EA or sets at telegram it scam. All settings free here at   blog .  IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus! Real operation monitoring as well as my other products can be found here:  https://www.mql5.com/en/users/mechanic/seller      Inputs Value  ·       
XG Gold Robot MT4
MQL TOOLS SL
4.29 (42)
Experts
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
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Mario Baldantoni
Experts
Wonder 1 is part of the Wonder collection, strategies I selected from my own portfolios. It trades AUDJPY on the H1 timeframe using a fuzzy-logic model that reads the monthly and daily price structure. What it is, and what it is not Every trade opens with a fixed Stop Loss and Take Profit. Risk is always defined. No grid, no martingale, no averaging. One position at a time, low margin usage. No neural-network, no AI, no quantum wording. A rule-based system, tested and honest. Nothing to optimize
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BUY 1 and GET 1 FREE - Promotion! Buy Trend Reader Indicator with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $117 (Regular Price: $297 — You Save $180! Don't Miss!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Trend Reader Indicator is a revolutionary trading indicator designed to empower forex traders with the tools they need to make informed trading decisions. This cutting-edge indicator utilizes compl
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5 (2)
Experts
BUY 1 and GET 1 FREE - Promotion! Buy BF Scalper PRO with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $177 (Regular Price: $447 — You Save $270!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! For Settings, Instructions and LIVE Results Click Here! BF Scalper PRO is the professional version of the very popular EA - BF Scalper EA. We have implemented a lot of new additional features and systems in this PRO v
Forex Trend Detector MT5
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5 (12)
Experts
BUY 1 and GET 1 FREE - Promotion! Buy Forex Trend Detector with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $217 (Regular Price: $547 — You Save $330!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! For Settings, Instructions and LIVE Results Click Here! Forex Trend Detector is an automated trading strategy which is developed to follow the money… or "follow the market impulse" resulting in reliable and cons
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Charles Crete
586
Charles Crete 2025.05.13 02:13 
 

very clean in every way

Jmd1937
64
Jmd1937 2022.11.17 17:53 
 

Didn't run it for long, was impatient with the performance. Now after testing/demo'ing lots of other EAs coming back to this one, in demo and bringing patience, 'cause the stat is good (2.5 pf)- thanks! going to try others now as well!

saomaiap
164
saomaiap 2022.06.20 09:00 
 

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