Trading Robots for MetaTrader 5
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MetaTrader 5
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Overview
BD Bands Precision – Your Ultimate Guide to Successful Automated Gold Trading!
Unlock the true potential of your trades with the BD Bands Precision indicator. Designed exclusively for the MetaTrader 5 platform, this Expert Advisor is based on Bollinger Bands and the Donchian Channel, providing precise and reliable signals.
The EA uses a combined strategy of:
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Bollinger Bands to identify overbought/oversold conditions
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Donchian Channel to confirm trends
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ATR (Average True Range) for dynamic risk management
Buy Signals:
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Opening price below the lower Bollinger Band
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Closing price above the lower Bollinger Band
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Uptrend confirmation by the Donchian Channel
Sell Signals:
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Opening price above the upper Bollinger Band
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Closing price below the upper Bollinger Band
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Downtrend confirmation by the Donchian Channel
The trade is closed by stop and take or when the Donchian Channel is broken.
There is also an R-squared calculation function included in the Expert Advisor code.
Key Features:
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Very easy to use: just load it on the chart and start profiting. It comes fully configured for XAUUSD, but it can be tested on other assets.
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No Grid / No Martingale / No high-risk money management
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Reliable results based on full historical data for XAUUSD
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User-friendly for prop firms or personal trading
Configurable Parameters:
| Parameter | Default | Description |
|---|---|---|
| Magic Number | 123456 | Unique identifier for EA orders |
| Lot Size | 0.4 | Lot size per trade |
| Strategy Timeframe | 5 Minutes | Chart timeframe used for analysis and execution |
| Slippage (points) | 30 | Maximum allowed slippage in points |
| Bollinger Bands Period | 100 | Period used for Bollinger Bands calculation |
| Bollinger Bands Deviation | 1.9 | Standard deviation for Bollinger Bands |
| Donchian Channel Period | 100 | Period for Donchian Channel calculation |
| Trend Check Period | 100 | Period for trend validation (highs and lows) |
| ATR Period | 55 | ATR period for dynamic risk management |
| Stop Loss (ATR multiplier) | 0.9 | ATR multiplier to define Stop Loss distance |
| Take Profit (ATR multiplier) | 2.0 | ATR multiplier to define Take Profit distance |
Technical Specifications:
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Platform: MetaTrader 5
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Language: MQL5
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Order Execution: Market Orders
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Risk Management: ATR-based
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Max Positions: 1 per symbol
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Recommended Symbols: Major pairs (XAUUSD, AUDUSD)
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Timeframes: M5, M30
Special Features:
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Automatic R-squared calculation for performance analysis
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Configurable slippage protection
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Automatic Stop Loss and Take Profit validation
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Margin check before opening trades
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Detailed logging system for monitoring performance
Backtesting Results:
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Test Period: January 2025 – June 2025
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Symbol: XAUUSD M5
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Initial Deposit: $150
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Final Result: $1,500
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Net Profit: 1000%
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Max Drawdown: 22%
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Profit Factor: 1.79
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Total Trades: 50
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Win Rate: 21%
Requirements & Recommendations:
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Minimum Deposit: $150
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Recommended Deposit: $1,500
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Max Spread: 3 pips
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Broker: ECN/STP recommended
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VPS: Recommended for 24/7 trading
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Initial Setup: Always test on a demo account before going live
Installation Instructions:
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Download the file from the MT5 Market
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Enable Algo Trading in the terminal
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Configure the parameters as per your strategy
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Start with a small lot size for testing
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Monitor the first trades carefully
Support & Updates:
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Technical support via the MQL5 chat
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Free updates for bug fixes
About the Developer:
Developer with 10 years of experience in automated trading, specialized in trend-following strategies and risk management. Author of some of the best Expert Advisors and Indicators published on the MQL5 Market, serving both beginner and advanced traders.
