Trading Robots for MetaTrader 5

Here you will find many programs for the MetaTrader 5 trading platform, which save the trader from routine operations and help him concentrate only on the really important things

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MetaTrader 5

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Advanced Bollinger Bands RSi EA MT5

899.00 USD638.29 USD

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MetaTrader 5
Diego Arribas Lopez


[MT4 Version]

Advanced Bollinger Bands RSI EA MT5

Advanced Bollinger Bands RSI EA is an Expert Advisor based on the worldwide known strategy BB & RSI. This strategy uses the Bollinger Bands indicator in combination with the RSI, the signal triggers only when both the BB and the RSI indicate at the same time overbought or oversold conditions. Both indicators make a great combination to anticipate big explosive moves. Advanced Bollinger Bands RSI EA grants the user the posibity to use 3 different SL modes and 4 TP definitions. This high customization level allows the EA to be adapted, not only to different risk profiles, but also to different pairs and timeframes.

Do you have a conservative risk profile? Set a fix SL based on price structure or defined by points and a TP based on the middle BB line or on a Risk to Reward ratio. 

Do prefer getting notified and take the final decision yourself? Deactivate Buys and Sells and let the EA notify you of new potential entries

Advanced Bollinger Bands RSI EA  DOES NOT use high risk methods such as Martingale or Grids.

It is ideal for trendy financial assets or for the final phase of a consolidation period.

Really easy to configure

The testing and optimization of the input parameters for the conditions of each user and broker are highly recommended to maximize results.

Some of the features of the EA are as follows:

  • The strategy will 100% be followed regardless of your trading psychology 
  • Save time
  • Highly customizable
  • Hybrid use
  • Functional on all pairs (Crypto, Forex, Stocks, Indices, Commodities...)

Input parameters


  • Enable Buys: Enable Buys
  • Enable Sells: Enable Sells
  • SL Mode
    • SL_None: No active SL
    • SL_structure: SL based in price structure
    • SL_points:  SL based on points
  • TP Mode
    • TP_BB_and_RSI_signal: Open positions are closed on new contrary signal
    • TP_BB_band: Open positions are closed when price crosses the opposite band of the BB indicator
    • TP_BB_middle_line:  Open positions are closed when price crosses the middle line of the BB indicator
    • TP_RRR: TP based on RRR
  • SL Points (if SL_points Mode): Points to set SL if SL_points is selected
  • RRR (if TP_RRR): RRR if TP_RRR mode is selected

Risk Management Settings:

  • Lot Size: Position's volume (Must be higher than the minimum and lower than the maximum Symbol Volume)
  • Max position number per direction

RSI Settings: 

  • RSI Period
  • RSI OB: Overbought level
  • RSI OV: Oversould level

    BB Settings: 

    • BB Period
    • BB Mult
    • Price Source
    • MA type


    • Activate Alerts: Enable signal alerts
    • Activate Notifications: Enable mobile phone notification

      Support and questions

      Do not hesitate to contact me for any questions and support


      Diego Arribas, private investor and speculator, automation engineer in the aerospace industrie


      If for any reason you do not like the purchased program, you can request a refund within 30 days from the date of purchase. You can also make an exchange for any other product at an equal cost or by paying the difference.

      Simply send a request for refund or exchange with your order number by email:

      Refund requests received more than 30 days after purchase will be rejected.

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      RISK WARNING: is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.