FREE BOLLINGER TREND EA FOR METATRADER

Follow smart trends with bollinger logic: automated breakout and mean-reversion trading

This expert advisor leverages the Bollinger Trend Indicator to trade volatility-based market movements with precision. Whether you're trading reversals or breakouts, the EA offers flexible behavior modes, risk controls, and time filters—making it a complete, disciplined trend-trading system for all market conditions.

  • Trades based on the Bollinger Trend Indicator
  • Supports four distinct trade behaviors (regular, inverse, buy-only, sell-only)
  • Customize indicator and signal direction settings
  • Optional break-even, SL, TP, and trailing-stop controls
  • Close trades when price returns to the Bollinger midline
  • Built-in money management, including martingale and inverse martingale
  • Trade filtering by session (Asian, European, American)
  • Compatible with ECN/Non-ECN brokers and all symbol formats
  • Fully adjustable risk settings and trade parameters
  • Designed for serious traders seeking Bollinger-based automation

Screenshots

Description

The PZ Bollinger Trend EA automates trading based on the well-known Bollinger Bands logic, using signals derived from the Bollinger Trend Indicator to identify trends and trigger entries or exits. It supports a variety of trading styles—from trend continuation to mean-reversion—and offers extensive flexibility to match your trading preferences.

The EA implements four trading behaviors:

  • Regular: Buy on bullish signals, sell on bearish ones.
  • Inverse: Sell on bullish signals, buy on bearish ones.
  • Only Buy: Enter only long trades.
  • Only Sell: Enter only short trades.

Money management is equally flexible, allowing manual lotsize selection, fixed-risk per trade, martingale scaling after losses, or inverse martingale after wins. The EA ensures disciplined risk practices while accommodating growth-focused strategies.

In addition to price action logic, this EA includes a time filter system. You can restrict trading activity to specific forex sessions—Asian, European, or American—so your trades align with liquidity cycles or avoid volatility traps.

It also implements a mean-reversion safety check, giving you the option to exit trades if price crosses back to the Bollinger average—a feature that can prevent overextended losses during reversals.

This EA is most effective when paired with solid backtesting and a clear understanding of Bollinger-based strategies. It doesn’t guarantee profits in all conditions, but in the right hands, it can be a reliable, rules-based trading assistant.

Input Parameters (Simplified List)

  • Trading Settings – Select strategy direction: regular, inverse, buy-only, or sell-only
  • Bollinger Bands – Customize Bollinger period and deviations
  • Session Settings – Enable/disable trading during Asian, European, or American sessions
  • Position Management – Configure SL, TP, trailing stops, break-even logic, and optional exit on Bollinger mean reversion
  • Money Management – Choose manual lots or risk-based sizing, enable martingale/inverse martingale
  • EA Settings – Set magic number, trade comment, and manual pip value override

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Frequently Asked Questions

It is based on the Bollinger Trend Indicator, which interprets Bollinger Bands to detect trend conditions and signals for trade entries.

Yes. You can limit trading to specific forex sessions (Asian, European, American) and even specific weekdays if needed.

"Regular" follows indicator signals normally; "Inverse" trades in the opposite direction. "Only Buy" and "Only Sell" limit trades to a single direction, ignoring other signals.

It’s optional. The EA supports both classic martingale and inverse martingale, or you can disable them entirely and trade with fixed or risk-based sizing.

Yes. It’s compatible with ECN and Non-ECN brokers, and supports all symbol types—2, 3, 4, or 5-digit.

Yes. This optional feature acts as a trend exhaustion safety mechanism, helping you lock in profits or limit losses.