Bollinger Bands Auto Trader EA

Bollinger Bands Auto Trader EA v1.0 is a fully automated trading system for MetaTrader 4 based on the popular Bollinger Bands strategy.

This Expert Advisor identifies overbought and oversold market conditions using Bollinger Bands and executes trades automatically when price reaches key levels.

🔹 Key Features:
Fully automated Bollinger Bands trading system
Entry based on upper and lower band touch
Fixed Take Profit (1000 points)
Automatic Stop Loss
Built-in Trailing Stop for profit protection
Dynamic lot adjustment for broker compatibility
Safe for small accounts and validation tests
Works on all major currency pairs
🔹 Trading Strategy:

The EA enters BUY trades when price touches the lower Bollinger Band (oversold condition), and SELL trades when price touches the upper band (overbought condition), targeting mean reversion moves.

🔹 Recommended Settings:
Timeframe: M15, H1
Pairs: EURUSD, GBPUSD, USDJPY
🔹 Risk Disclaimer:

Trading Forex involves substantial risk. This EA does not guarantee profits. Always use proper risk management.
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Siphesihle Mabhengu
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5 (2)
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Profalgo Limited
4.67 (3)
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4.8 (10)
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