About the Bollinger Bands Swing Expert Advisor
The BB Swing Metatrader 4 Forex Robot utilizes the Bollinger Bands indicator as a tool for designing the logic that triggers buy and sell trade positions.
The BB Swing forex trading robot works best on the 1-hour and 4-hour time frames on major forex pairs.
Test the expert advisor on GBP/USD, USD/CAD, EUR/USD, USD/JPY, AUD/USD, etc.
Interestingly, the Bollinger Bands Swing EA adopts a set of logic that keeps it away from trading when the price is quiet, while at the same time keeping it active (opening and managing trades) when the market is volatile.
Free Download
Download the “BB Swing.mq4” MT4 robot
Key Features
Volatility-Based Entries
Trades are triggered when the price reaches extreme levels at the Bollinger Band edges, signaling potential reversals or momentum continuations.
Trend & Swing Combination
The EA filters signals by trend direction and volatility, entering when swing opportunities align with broader market momentum.
Stop Loss & Take Profit Automation
ATR-based stop loss and take profit ensure each trade has defined risk, adapting automatically to current volatility conditions.
Money Management Options
Adjustable risk per trade, fixed lot sizing, or percentage-based position sizing allows customization for different account sizes.
Trade Filters
Options include maximum spread, trading sessions, and avoidance of high-impact news periods for improved trade reliability.
Strategy Tester Report
Find below the Bollinger Bands Swing forex robot strategy tester report for the EUR/USD forex pair on the 1-hour chart.
Key Performance
Backtests of the Bollinger Bands Swing EA show solid performance in trending and volatile markets, with steady equity growth and manageable drawdowns.
In a sample 12-month test on EURUSD H1, the EA generated consistent profits while maintaining risk at moderate levels.
Profit factors above 1.4 and win rates near 55% were recorded when using default settings, highlighting its swing trading edge.
The EA made a total profit of $4197.81 from a total of 395 trades.
The largest winning trade generated $287.78 in profits, while the largest losing trade generated a loss of $110.50.
Statistics:
Bars in test: 32722 ticks modelled
Initial deposit: $10000.00
Total net profit: $4197.81
Total trades: 395
Largest profit trade: $287.78
Largest loss trade: -$110.50
Consecutive wins: 3
Consecutive losses: 1
How the EA Works
- Scans Bollinger Bands for price touches or breaks of upper and lower bands.
- Confirms volatility levels and trend direction before placing trades.
- Enter long near lower band support or short near upper band resistance.
- Applies ATR stop loss and adaptive take profit for each position.
- Uses trailing stop and break-even functions to secure profits as trades develop.
Download Now
Download the “BB SWING.ex4” Metatrader 4 robot
Parameters & Settings
- BollingerPeriod — sets the period for the Bollinger Bands
- BollingerDeviation — number of standard deviations for band width
- ATRPeriod & ATRMultiplier — controls stop loss and take profit distances
- RiskPerTrade — percentage of balance risked per position
- MaxSpread — maximum spread allowed to enter trades
- SessionStart / SessionEnd — define active trading times
Recommended Trading Setup
- Pairs: EURUSD, GBPUSD, USDJPY for stable spreads and clear swings.
- Timeframes: H1 and H4 to capture medium-term swing moves.
- Broker: ECN or low-spread account recommended for accuracy.
- Risk: 0.5%–2% per trade, depending on account size and strategy.
- Environment: Avoid major news events to reduce unpredictable volatility.
FAQ
Can this EA be used on all pairs?
Yes, but it performs best on major pairs with stable volatility and low spreads.
Does it work in ranging markets?
The EA is optimized for swing conditions, but it includes filters to reduce false entries during flat ranges.
Is manual intervention required?
No — the EA runs fully automated, but can be combined with manual filters if desired.
What account size is recommended?
A starting balance of $200–$500 is enough when using small lot sizes and conservative risk.
Can I optimize the settings?
Yes, parameters such as period, deviation, and ATR multipliers can be optimized in MT4 for different pairs.
Summary
The Bollinger Bands Swing EA is a powerful volatility-based trading robot for MetaTrader 4 that captures profitable swings with minimal effort.
It blends trend confirmation, adaptive stops, and money management to offer traders a reliable swing trading tool.
Its combination of Bollinger Band logic and automated trade management makes it suitable for traders who prefer systematic swing strategies.
By adjusting settings to personal risk tolerance and broker conditions, this EA can be tailored to many trading styles.
Download the free version today, test it in demo mode, and refine the parameters before going live to take advantage of market swings with confidence.
