Bollinger Breakout
- Experts
- Ionut-alexandru Margasoiu
- Versione: 1.10
- Attivazioni: 5
Catch the move. Ride the trend. Exit with discipline.
Bollinger Breakout is a momentum EA that enters the market when price breaks out of the upper Bollinger Band and is above a long-term SMA — two conditions that together confirm both volatility expansion and trend direction. No guesswork, no indicator soup. Just a clean, rules-based system that waits for the market to show its hand before pulling the trigger.
How it works
- Entry: Price closes above the upper Bollinger Band (20, 1.0 std dev) and above the SMA 200 — momentum confirmed by trend
- Stop Loss: Set at the lower Bollinger Band at the time of entry — wide enough to breathe, tight enough to protect
- Exit: Price closes below the middle band (SMA 20) — the trend is losing steam, get out
Simple. Repeatable. Testable.
Built for speed and reliability
- Bar-close logic only — all decisions are made on closed candles. No tick noise, no overtrading. Backtests run at full speed on OHLC M1 data
- Retry logic with exponential backoff — transient broker errors (requotes, timeouts, connection drops) are retried automatically, so you never miss a fill due to a bad tick
- EnforceBrokerSL — stop loss is automatically clamped to the broker's minimum distance, so orders never get rejected due to stops level violations
- Risk management — choose between % of balance or a fixed base money amount. Optional max lot cap for extra safety
What you see on the chart
A clean dark HUD panel shows everything at a glance:
- Account balance and equity
- Day P/L and total P/L (with % vs initial and current balance)
- Win rate, trade count, wins/losses
- Live Bollinger Band values (upper, mid, lower) and SMA 200
- Current signal state: WAIT / ENTRY / HOLD / EXIT
- Estimated P/L if stop loss is hit
- Running R:R on open positions
- Retry queue status
Works well on
- USDJPY — clean trending moves with defined ranges
- CRUDE OIL — strong directional momentum during supply/demand events
- BTCUSD — volatile breakouts with high follow-through potential
Recommended timeframes: H1, H4
Key settings
| Parameter | Default | Description |
|---|---|---|
| BB_Length | 20 | Bollinger Band period |
| BB_StdDev | 1.0 | Standard deviation multiplier |
| SMA_Long_Period | 200 | Trend filter SMA |
| RiskType | % Balance | % of balance or fixed base money |
| RiskPercent | 1.0 | Risk per trade |
| MaxLotSize | 0 (off) | Optional lot cap |
Notes
- Long-only strategy — trades with the trend, not against it
- One position at a time per symbol
- Fully compatible with prop firms
- No martingale, no grid, no averaging
Part of the equinox EA suite.
