Trading robot · MT5

BBMA MT5 Expert Advisor

by ammar0466

This MetaTrader 5 expert advisor implements the BBMA trading system by combining Bollinger Bands with multiple Moving Average levels including MA 5, MA 10, and EMA 50.

GitHub stars4
Forks0
Last update1 year ago9 Apr 2025
LicenceMIT

Overview

BBMA MT5 Expert Advisor enters trades based on technical signals and price interactions with these indicators. The robot features comprehensive risk controls such as percentage-based lot sizing, daily drawdown limits, and a maximum consecutive loss filter. Trade management is handled through automated trailing stops and break-even functionality. Additional filters allow the user to restrict trading based on news events, market volatility, and specific time windows.

Details

Author

ammar0466 on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Indicator crossover, Trend following

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone ammar0466/mt5bbmaea from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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