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Discover BollingerRSI Strategy 2026 review with live stats, 4.5 rating, win rate and drawdown analysis; practical MT5 setup and risk guidance for traders.

Core approach and methodology
Powerful capabilities designed for professional trading
Simultaneous RSI and Bollinger confirmation to reduce false signals
Fast RSI(6) momentum filter set at 50 for direction detection
Breakout detection on same candle ensures timely entry signals
Faithful MQL4/MQL5 port of a proven TradingView strategy
Adjustable parameters for risk, filter sensitivity, and band width
Generates clear buy and sell alerts for automated MT5 trading
This expert advisor is designed for these trader profiles
Discretionary traders wanting indicator-based confirmation before entries
Automated traders seeking lightweight MT5 indicator for EA integration
Trend-following traders requiring momentum and breakout alignment
Portfolio managers testing systematic strategies with defined risk rules
In this BollingerRSI Strategy review for 2026 the core performance analysis focuses on how simultaneous indicator confirmation affects long-term results. The review compares live account samples and backtest outputs to show where the system produces higher-probability trades and where it struggles. BollingerRSI Strategy is unique because it requires both a fast RSI momentum shift and a Bollinger Band breakout on the same candle, which rejects many early or weak signals that single-indicator systems accept. The algorithm uses RSI(6) with a 50 crossover to indicate direction, not extremes, and combines that with standard deviation-based band breakouts to time entries. The way the algorithm works is straightforward: it monitors price relative to upper or lower bands and checks for an RSI crossing above or below 50 within the same candle. When both conditions are met, a signal is issued; no trade is taken if only one indicator fires. This reduces frequency but improves signal quality. The strategy performs best in trending markets and intraday momentum phases, while it yields more false rejections during low-volatility ranges. Risk management is user-configurable in MT5, with recommended fixed stop-loss based on ATR multiples and position sizing by percentage risk. Expected performance characteristics include moderate win rates with favorable risk-reward ratios, lower trade frequency compared with single-indicator set-ups, and more consistent behavior across major forex pairs when tuned for timeframe and volatility.
Comprehensive analysis of real-world trading performance and statistical metrics
Comprehensive analysis of potential risks and mitigation strategies
Conservative trading strategy with capital preservation focus
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Based on historical data and strategy analysis
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Step-by-step instructions to get BollingerRSI Strategy running on your MT5 platform
Install the BollingerRSI Strategy indicator by copying the MQL5 file into the MT5 Experts or Indicators folder and restart the MT5 terminal so the new indicator appears. Attach the indicator to your chosen chart timeframe and set RSI period to 6, crossover level to 50, and configure Bollinger period and deviation to match historical optimizations. Recommended broker types are low-spread ECN or STP brokers with reliable execution and low slippage, particularly for breakout strategies. Optimal chart timeframes are H1 or H4 for balance of signals and noise; M30 or M15 can be used with tighter filters. Backtest on at least two years of tick or 1-minute data and forward test on a demo account before live trading.
Download BollingerRSI Strategy from the MQL5 Market
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
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|---|---|---|---|---|---|---|
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BollingerRSI Strategy is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
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