Bollinger Reversal Pro
Fade exhausted moves using a dynamic volatility gate plus ADX-and-DI momentum-reversal entries, with intelligent recovery management.
About Bollinger Reversal Pro
Advanced Bollinger Band reversal expert advisor. A dynamic percentile gate confirms the band has expanded, then the EA fades the move on momentum exhaustion — entering as ADX falls with +DI/−DI confirming direction — backed by an intelligent grid recovery system.
Key features
- Dynamic percentile Gate — scans historical BB widths to auto-calibrate the volatility threshold, so the EA only trades when the band has genuinely expanded
- Momentum-fade entry — once the Gate is open, the EA enters as ADX falls (trend momentum weakening), catching the move as it tires
- DI-based direction — +DI over −DI with ADX falling fades the up-move (Sell); −DI over +DI fades the down-move (Buy)
- Optional classic mode — switch the trigger back to a pure outer-band touch for full control over entry style
- Modern on-chart dashboard — live Gate / ADX / DI / Signal readout plus positions and P/L
- Smart grid-based recovery system with configurable step and lot progression
- Customizable take-profit, stop-loss, and recovery distance
- Built-in money management with auto-lot calculation
- Signal filtering for second and recovery orders
How to install
- 1 Download the EA file
- 2 Copy to your MT4 data folder at C:\Program Files\MetaTrader 4\MQL4\Experts\
- 3 Restart MetaTrader 4
- 4 Drag the EA onto your desired chart
- 5 Configure settings in the dialog window
- 6 Ensure auto-trading is enabled
Settings & parameters
- History Bars: 1000 (bars scanned for dynamic gate calculation)
- Percentile Level: 60 (BB width percentile threshold, 0–100)
- Use BandWidth Gate: true (require an expanded band before any entry)
- Use ADX/DI Entry: true (ADX-falling + DI-direction trigger; off = outer-band touch)
- ADX Period: 5 (lookback for ADX momentum & DI direction)
- Bollinger Period: 5
- Deviations: 2.0
- Initial Lot Size: 0.01
- First Order Take Profit: 10 pips
- Recovery Take Profit: 10 pips
- Minimum Recovery Distance: 15 pips
Frequently asked questions
What is the recommended account balance?
Minimum $500 for 0.01 lot size. The EA includes auto-lot calculation based on balance divided by 1000.
Which timeframes work best?
The EA works on all timeframes, but M15 to H1 are recommended for optimal performance.
Does it work on all currency pairs?
Yes, it works on all pairs but performs best on major pairs like EURUSD, GBPUSD, USDJPY.
What is the recovery system?
The EA uses a grid-based recovery system with customizable step size to manage losing positions.
Changelog
- New momentum-fade reversal entry — with the volatility Gate open, the EA now enters as ADX falls, with +DI/−DI setting the direction (fades the tiring side)
- Removed the contradictory band-width contraction requirement that was suppressing valid signals
- Redesigned modern on-chart dashboard — live Gate / ADX / DI / Signal, positions, and P/L
- Retuned defaults: Bollinger Period 5, ADX Period 5, Percentile 60, Take-Profit 10 pips
- Classic outer-band-touch entry retained as a toggle
- Replaced static sensitivity threshold with dynamic percentile-based Gate
- Added Bollinger Band contraction filter (detects narrowing bands before entry)
- Added ADX momentum fading filter (confirms weakening trend before entry)
- When both filters disabled, EA uses outer band touch as the sole entry signal
- Added multiple trading mode support
- Enhanced Bollinger Band sensitivity settings
- Improved recovery system with grid step multiplier
- Added signal filtering for recovery orders
- Initial release with Bollinger Band reversal strategy
- Basic recovery system implementation
Start trading smarter with Bollinger Reversal Pro
Free forever. Link a broker to activate and turn on automatic cashback on every lot.