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.
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:
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.
Axi is a globally regulated broker offering tight spreads, a wide range of instruments, segregated client funds, and full support for algorithmic traders.
Trade forex, indices, commodities, stocks, and crypto with raw spreads, lightning-fast execution, and leverage of up to 1:1000.
By trading your account, you are participating in Axi's free capital allocation program, which can fund you with up to $1,000,000. All you need is a $500 live account and to complete 20 trades to become eligible.