Bollinger Blade

1
Scalper's Blade - Bollinger Bands Scalping EA

📌 Overview

Scalper's Blade is a professional scalping Expert Advisor based on the classic Bollinger Bands strategy. The EA enters a position when the price crosses the upper or lower band and closes the trade with a fixed Stop Loss and Take Profit. Perfect for traders who prefer a mechanical approach with clear entry rules.

🎯 Strategy Logic

Signal Condition Action
SELL Previous candle close > Upper Band & Current candle close < Upper Band Sell Market
BUY Previous candle close < Lower Band & Current candle close > Lower Band Buy Market

Exit: Fixed Stop Loss (200 points) and Take Profit (100 points)

⚙️ Input Parameters

Parameter Description Default
LotSize Trading volume 0.1
BB_Period Bollinger Bands period 20
BB_Deviation Bollinger Bands deviation 2
StopLossPoints Stop Loss in points 200
TakeProfitPoints Take Profit in points 100
MagicNumber Unique EA identifier 20260329
Slippage Maximum allowed slippage 3

🔧 Features

  • ✅ Simple and transparent logic – no martingale, no grid, no dangerous methods

  • ✅ One position at a time – no overlapping signals

  • ✅ Works on any timeframe – recommended M1, M5, M15

  • ✅ 4-digit and 5-digit broker support – automatic point adjustment

  • ✅ Lightweight – minimal CPU usage

  • ✅ Fully commented code – easy to understand and modify

📈 Recommendations

Parameter Recommendation
Timeframe M1, M5 or M15
Instruments EURUSD, GBPUSD, USDJPY (low spread)
Broker ECN with low commission
Account type Any (hedging system)
Minimum deposit $100 for 0.01 lot

⚠️ Important Notes

  • The EA enters trades only on closed candles – no repainting

  • SL and TP are set in points, not pips
    *(For 5-digit brokers: 200 points = 20 pips / For 4-digit brokers: 200 points = 20 pips)*

  • Only one BUY and one SELL position can be opened simultaneously

  • Always test in Strategy Tester before live trading

🧪 Testing

  1. Open Strategy Tester in MT4 (Ctrl+R)

  2. Select Scalper's Blade

  3. Choose Visual mode to see entries in real time

  4. Recommended testing period: 3-6 months

📞 Support

For questions, suggestions or custom modifications, contact the author via MQL5 private messages.

Version: 1.02
Last update: March 2026
Category: Scalping / Bollinger Bands


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Experts
L'Expert Advisor Alex è basato sull'indicatore Vertex, uno strumento proprietario progettato per identificare potenziali inversioni di tendenza. I segnali di trading vengono generati quando l'oscillatore sottostante raggiunge condizioni di ipercomprato o ipervenduto e conferma un incrocio o un segnale di inversione.  Questo Expert Advisor multi-segnale avanzato integra l'analisi di tendenza, la valutazione del momentum e un timing di ingresso preciso in un unico sistema di trading intuitivo. Fi
AW Recovery EA
AW Trading Software Limited
4.35 (84)
Experts
L'Expert Advisor è un sistema pensato per recuperare posizioni non redditizie.   L'algoritmo dell'autore blocca una posizione perdente, la divide in molte parti separate e chiude ciascuna di esse separatamente. La facile configurazione, il lancio ritardato in caso di drawdown, il blocco, la disabilitazione di altri Expert Advisor, la media con il filtraggio delle tendenze e la chiusura parziale di una posizione in perdita sono integrati in un unico strumento. È l'uso della chiusura delle perdit
Hamster Gold Trading
Nguyen Hang Hai Ha
5 (1)
Experts
Expert Advisor  Hamster Gold Trading  is an automatic trading robot programmed with exclusive and unique algorithms. The EA is optimized for the Gold market. EA's strategy applies movement patterns along with price momentum for reliable and accurate signals. Signals are also entered using the smart momentum trap method, where Stop orders are often canceled when momentum is not reached. Trades are closed quickly by Trailing and there is always a Stop Loss to control risk. Bonus: get free 1 EA wh
Gold Zilla AI MT4
Christophe Pa Trouillas
5 (2)
Experts
Genera rendimenti controllati con un   EA assistito da Grok AI , diversificato nel rischio e   ottimizzato per l'Oro . GoldZILLA AI è un algoritmo multi-strategia che rileva i regimi di mercato per selezionare dinamicamente tra cinque strategie distinte, ottimizzando i rendimenti mentre minimizza il drawdown su XAUUSD. [   Live Signal   ] - [  Dedicated group   | Version   MT5   -   MT4   ] Dopo l'acquisto, inviami un messaggio privato per ricevere il manuale utente e le istruzioni di configuraz
EA Sweet Dreams
Vasiliy Strukov
5 (1)
Experts
EA Sweet Dreams è un sistema di trading trend following basato sul mio indicatore. Segue una strategia a griglia Martingale. Questo EA è adatto a qualsiasi coppia di valute e a qualsiasi timeframe, ma offre prestazioni eccezionali su strumenti in forte trend come XauUSD sul timeframe M15. I risultati in tempo reale possono essere visualizzati   qui . Contattami subito dopo l'acquisto per ottenere il bonus personale! Impostazioni e manuale   qui   IMPOSTAZIONI Open new series – true/false - iniz
Gyroscopes
Nadiya Mirosh
Experts
Gyroscope        professional forex expert   (for EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, EURGBP, EURJPY, NZDUSD, USDCAD, EURCHF, AUDJPY, CADJPY pairs)   alyzing the market using the Elliot Wave Index. Elliott wave theory is the interpretation of processes in financial markets through a system of visual models (waves) on price charts. The author of the theory, Ralph Elliott, identified eight variants of alternating waves (of which five are in the trend and three are against the trend). The mov
Multi Sniper mq
DMITRII GRIDASOV
5 (4)
Experts
MULTI SNIPER EA è un sistema di trading automatico preciso con una precisione di circa il 90% per la piattaforma MT4. Questo EA di scalping redditizio è davvero uno dei sistemi più stabili attualmente sul mercato.   No grid! No martingale! È un prodotto originale offerto solo su questo sito web MQL5. Scarica EA Set_files per test e trading:   GBPAUD Set_file   GBPCAD Set_file - Implementato il metodo dell'interesse composto e tecniche di scalping. - Il sistema imposta automaticamente uno SL d
Range Breakout EA MT4
BM Trading GmbH
5 (2)
Experts
Unlike many other programs in the mql5 market this is a REAL day trading strategy. It does not use any martingale or grid functionalities and follows a logical concept. The Range Breakout Expert Advisor can be used to trade time ranges. The market often finds its direction in the morning hours and then follows this trend for the day. This expert advisor is designed to trade these trends after the morning breakout. Still you can trade all sorts of time breakouts with this program.  I use the stra
Trust EA MT4
Konstantin Kulikov
5 (1)
Experts
Trust EA   is a real trader's tool, working on a clear principle, with its advantages and disadvantages, so it will not suit everyone, but for some users it can become the best trading robot. * Limited special offer - 50% off the full price of the product. Only 5 copies at this price. The final price is 997$ * Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Logic I have been working with algorithmic trading systems since 2015, and in my experience, systems with
Aurora Sentinel Gold
Thorsten Fuehrmann
Experts
I AM AURORA - SMART MONEY GOLD EA I am Aurora Sentinel Pro — and I trade one thing only: Gold. XAUUSD isn't just one market among many to me. It's my market. I read its structure, I see where the big players place their liquidity, and I wait — patiently — for the single moment when probability tips to my side. I'm no Martingale gambler. I don't double down after losses. I don't stack positions and pray. I possess something most of my kind never learned: discipline. ️ Let me be clear: I'm no
Position Trader EA
LEE SAMSON
4.64 (11)
Experts
Trasforma qualsiasi strategia di trading in una strategia di trading di posizione o scambia le comprovate strategie di trading di posizione basate su RSI e ADR, incluso il sistema di controllo automatizzato del prelievo per le posizioni che si muovono contro di te. Questo EA è un'evoluzione e una semplificazione dell'MRA EA che è stato utilizzato per molti anni per le strategie di trading di posizione insegnate sul sito web Market Structure Trader. Vedi il mio profilo per un collegamento al sit
Goldbot One MT4
Profalgo Limited
5 (5)
Experts
PROMOZIONE DI LANCIO: Ne sono rimaste solo poche copie al prezzo attuale! Prezzo finale: 990$ NOVITÀ: acquista Goldbot One e scegli 1 EA gratis!! (per 2 account commerciali) UNISCITI AL GRUPPO PUBBLICO:   Clicca qui   Offerta Combo Ultimate     ->     clicca qui LIVE SIGNAL Vi presentiamo     Goldbot One   , un robot di trading altamente sofisticato progettato per il mercato dell'oro. Concentrandosi sul breakout trading, Goldbot One sfrutta sia i livelli di supporto che quelli di resistenza p
Altri dall’autore
Gaussian Envelope Indicator
Alfet Nigmatullin
5 (1)
Indicatori
Gaussian Envelope   is a powerful technical indicator based on kernel smoothing with a Gaussian kernel. The indicator builds a dynamic price channel that adapts to market conditions and provides clear entry signals when the channel boundaries are breached. Unlike classic Bollinger Bands or Envelopes, Gaussian Envelope uses non-linear weighted smoothing, making it more sensitive to local price changes and less prone to lag. Key Features Adaptive Smoothing   — uses Gaussian kernel for weighted p
FREE
Detecting Stop Hunts at Key Levels
Alfet Nigmatullin
Indicatori
Detecting Stop Hunts at Key Levels Smart Money Stop Hunt Detector   is a powerful visual analysis tool designed to identify potential "stop hunt" zones orchestrated by large market participants. The indicator automatically displays significant price levels on the chart and signals when price "stops out" positions beyond these levels with a swift subsequent reversal. Core Concept Large market players (Smart Money) often intentionally push price beyond key support/resistance levels (round numbe
FREE
Gauss Channel Pro
Alfet Nigmatullin
Indicatori
Gaussian Envelope   is an innovative technical indicator that uses Gaussian-weighted moving average to create dynamic price channels. Unlike traditional volatility indicators (Bollinger Bands, Keltner Channels), Gaussian Envelope provides smoother and more accurate price tracking through the use of the bell-shaped Gaussian function. The indicator is particularly effective in trending markets and for identifying reversal points, providing traders with clear entry and exit signals. Key Features
FREE
Cross EMA with Trend Filter
Alfet Nigmatullin
Indicatori
Cross EMA with Trend Filter   is an arrow indicator that generates buy and sell signals when two exponential moving averages (EMA 9 and EMA 21) cross. The indicator features built-in trend filters (ADX or EMA slope), which significantly reduce the number of false signals in sideways (ranging) markets. The indicator displays clear arrows on the chart:   Green Up Arrow   — Buy signal   Red Down Arrow   — Sell signal Signals Buy Signal The fast EMA (9) crosses the slow EMA (21)   from below t
FREE
Bollinger Breakout with Levels
Alfet Nigmatullin
Indicatori
Bollinger Breakout with Stop-Loss Levels Description This indicator tracks breakouts of the upper and lower Bollinger Bands and automatically displays dynamic entry lines and stop-loss levels on the chart. The lines dynamically extend to the current candle, allowing visual tracking of signal relevance. Key Features 1.   Color Coding Upper Breakout (BLUE)   – buy signal (bullish breakout) Lower Breakout (RED)   – sell signal (bearish breakout) 2.   Dynamic Lines Breakout and stop-loss lines autom
FREE
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jalawrence
114
jalawrence 2026.06.09 13:21 
 

I set my lot size to 0.01 and it opened a trade with a take profit of $0.62 and a stop loss of -$1.25. Don't like that RR ratio.

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