I WANT TO CREATE A NEW EA

This MT5 Expert Advisor is designed for high-precision Bollinger Band trading, optimized for prop firm compliance and professional risk control.

The EA enters trades only when a candle is fully outside the 1.5 Standard Deviation Bollinger Band, including both body and wicks—eliminating weak or false signals. Trade entries are further confirmed using strong Support & Resistance levels via the Dark Support Resistance indicator.

It features a smart basket management system that continuously monitors total floating profit (including swap and commission) and closes all open trades instantly once the target net profit is reached.

For full prop firm transparency, Stop Loss and Take Profit values are user-defined, clearly displayed on the chart, and configurable directly from the inputs.

Key Features

• MT5 compatible & prop firm friendly

• Fully Outside Candle Bollinger Band entry (1.5 SD)

• Support & Resistance confirmation

• Grid trading (enable/disable)

• Manual SL & TP inputs with chart display

• Smart basket close on net profit

Advanced Trade Management

• Trailing Stop

• Break Even

• Global Take Profit & Stop Loss

• Balance target (profit/loss by % or fixed amount)

• Time filter

• High-impact News filter

Money Management System

• Fixed Lot

• Auto Lot

• Risk-Based Lot

Loss Recovery Options

• Grid-based recovery

• Martingale (Add or Multiply mode)