Bollinger Breakout MT5: Free MT5 Expert Advisor

Overview

Bollinger Breakout MT5 utilizes an object-oriented framework to manage multiple concurrent strategy instances across various markets including forex and precious metals. The system incorporates a position management module based on the Kelly criterion for dynamic lot sizing. It operates primarily on the H1 timeframe and includes auxiliary tools for spread testing, order book monitoring, and contract tracking. The repository provides hardcoded parameter sets optimized for diverse instruments such as gold, silver, and currency pairs.

Kelly criterion position management

Multi-symbol Bollinger Band breakout strategy

Object-oriented expert class framework

Integrated spread and contract monitoring tools

Details

Author

vuvivov on GitHub

Type

Collection

Platform

MetaTrader 5 (MQL5)

Strategy

Breakout

Markets

Forex, Gold, Oil & commodities

Timeframes

M15-H1

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.

EA files

About 23 expert advisors in this repository. See them all on GitHub.

Source

github.com/vuvivov/forexTrading-mt5

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone vuvivov/forexTrading-mt5 from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.

3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

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.

Similar expert advisors

PeterThomet MetaTrader Tools

by peterthomet

464

This repository features a collection of trading tools for MetaTrader 5 and 4, headlined by a comprehensive Trade Manager EA. This manager enables manual execution via keyboard shortcuts and provides automated risk controls, including ATR-based break-even settings and trailing stops. The collection also offers strategy

MT4MT5 Collection BreakoutHedging

Updated 1 year ago None stated GitHub

Nkanven EA Collection

by nkanven

135

This repository features a diverse collection of expert advisors and trading utilities for MetaTrader 4 and MetaTrader 5. It includes automated robots based on trendline analysis, session breakouts, and technical indicator crossovers using MACD, RSI, and Williams Percent Range. The library provides various tools for ri

MT4MT5 Collection Trend followingBreakoutGrid High risk

Updated 1 year ago None stated GitHub

Median and Turbo Renko Bundle

by 9nix6

101

This collection for MetaTrader 5 provides a library and several expert advisors optimized for Renko chart trading. It includes a primary automated robot that executes trades based on Renko bar signals, as well as specific examples for moving average and price crossovers. The included tools offer robust trade management

MT5 Collection Trend followingIndicator crossoverBreakout

Updated 3 years ago GPL-3.0 GitHub

Konz MQL5 EA Collection

by KonzACDC

This repository contains a large collection of over 100 expert advisors for the MetaTrader 5 platform, many of which appear to be generated using the Mission Automate tool. The library covers a wide variety of trading methodologies including range breakouts, Ichimoku cloud strategies, Heiken Ashi engulfing patterns, an

MT5 Collection Trend followingBreakoutMartingale High risk

Updated 3 years ago None stated GitHub

Frontline MT5 Strategy Collection

by zhutoutoutousan

This repository contains a diverse collection of MetaTrader 5 expert advisors ranging from RSI-based scalping robots to multi-timeframe trend following systems. The EAs utilize various technical indicators including EMA crossovers, MACD momentum, and ATR for volatility-based exits. The core logic often incorporates mul

MT5 Collection ScalpingTrend followingBreakout High risk

Updated 2 months ago Custom licence GitHub

Expert MT5 Collection

by GeneralTradingSarl

This repository is a large collection of over 1,000 expert advisors designed for the MetaTrader 5 platform. It serves as an open-source library featuring various algorithmic trading strategies, including moving average crossovers, RSI levels, Parabolic SAR, and range breakouts. The collection provides robots for trend

MT5 Collection Trend followingBreakoutGrid High risk

Updated 4 days ago None stated GitHub