Band Reversion Pro

Band Reversion Pro is a free MT5 Expert Advisor for AUDCAD and NZDCAD on M30, designed for pullback and mean reversion trading with Bollinger Bands, Stochastic confirmation, and structured basket management. Its biggest advantage is its exceptionally universal configuration structure, giving traders far more control over entries, grid behavior, exits, hedge logic, and risk settings than many standard reversion EAs. No set file is required — the EA can be tested immediately with the built-in default settings.

Band Reversion Pro is a versatile and feature-rich Expert Advisor for MetaTrader 5, created for traders who want a structured pullback system with flexible management options instead of a rigid one-style setup.

The EA combines Bollinger Bands and Stochastic logic to identify stretched market conditions and potential reversal zones. From there, it manages trades through basket logic, configurable grid expansion, optional hedge handling, break-even behavior, and built-in protection tools.

This creates a more complete framework than many simple reversion EAs that focus only on entry signals.

The EA comes with preconfigured default settings, so no separate set file is required to begin testing.

Recommended use:

• Assets: AUDCAD and NZDCAD only

• Timeframe: M30 only

• Recommended minimum capital: 1,000 per asset when starting with 0.01 lot

Key Features

• Bollinger Bands based pullback and mean reversion entries

• Stochastic confirmation for overbought and oversold conditions

• Optional Bollinger Band touch requirement

• Optional Stochastic cross confirmation

• Optional higher timeframe trend filter

• Fixed lot or auto lot based on equity

• Configurable lot scaling for later basket positions

• Fixed grid distance or ATR-based grid distance

• Maximum open positions control

• Basket Take Profit with fixed or trailing mode

• Optional Break-Even basket logic

• Basket Stop Loss with close-all mode or hedge mode

• Hedge recovery with configurable hedge lot options

• Optional hedge trailing

• Daily maximum drawdown lock

• Popup and push notifications

• Live panel with basket, hedge, and signal data

How It Works

After attaching the EA to a chart, it monitors the market for pullback and mean reversion setups based on Bollinger Bands and Stochastic conditions.

When a valid setup appears, the EA opens the first trade in the expected reversion direction.

If price continues moving against the initial entry, the EA can expand the basket using a configurable grid structure, as long as the maximum number of positions has not been reached.

The basket can then be managed using:

• fixed basket take profit

• trailing basket take profit

• Break-Even based basket exit

• basket stop logic

• or optional hedge recovery

This gives the strategy a structured trade management process instead of relying on a single fixed trade outcome.

Why Use Band Reversion Pro

Many reversion EAs are limited to only a small number of settings and leave little room for personal adjustment.

Band Reversion Pro is built to be much more flexible.

One of its strongest points is its exceptionally universal configuration structure, allowing the trader to adjust many important parts of the EA, including:

• entry filters

• lot sizing

• grid structure

• basket exits

• hedge mode

• break-even behavior

• daily drawdown control

• alerts and chart visualization

This makes the EA especially attractive for traders who want more control over strategy behavior and risk handling instead of being forced into a fixed template.

Another important point is transparency.

Band Reversion Pro is not presented as a highly optimized black-box system, and it does not rely on so-called AI gimmicks or artificial marketing claims.
It is based on clear rule-driven logic, practical basket management, and a wide range of settings that can be adjusted directly by the trader.

Important Notes

• Designed for MetaTrader 5

• Works as an Expert Advisor

• Based on Bollinger Bands and Stochastic

• Uses basket-based trade management

• Includes a grid-based position management structure

• Supports configurable lot scaling

• Optional hedge recovery mode is included

• Delivered with default settings, so no set file is required

• Recommended for AUDCAD and NZDCAD only

• Recommended timeframe: M30 only

• Recommended minimum capital is 1,000 per asset when starting with 0.01 lot

• Temporary drawdown phases are a normal and expected part of the strategy structure

• The EA is based on transparent rule-based logic

• It does not use artificial AI marketing features or so-called AI gimmicks

• Careful Strategy Tester and demo testing are recommended before live use

Conclusion

Band Reversion Pro is a highly adjustable MT5 mean reversion EA that combines Bollinger Band pullback logic, Stochastic confirmation, basket exits, flexible grid expansion, optional hedge recovery, and multiple risk management tools in one practical framework.

If you are looking for a pullback EA that offers more flexibility, more control, and more configuration depth than many standard reversion systems, Band Reversion Pro is a strong and well-structured addition to your MT5 setup.