BollingerRSI Strategy MT4 automates MT4 trades with confirmed entry signals and transparency

This 2026 review presents a performance analysis of BollingerRSI Strategy MT4 and focuses on measurable metrics rather than marketing claims. The strategy pairs a fast RSI 6 momentum filter, which considers a crossover at the 50 level as a directional cue, with a Bollinger Band breakout that confirms volatility driven moves on the same candle. Backtests on EURUSD, GBPUSD and USDJPY from 2018 to 2025 combined with a six month live sample were used in this review to report win rate, average trade length, and maximum drawdown for realistic expectations. The analysis shows that requiring both indicators to align reduces false positives and improves net expectancy versus single indicator approaches. What makes BollingerRSI Strategy MT4 unique is its strict dual confirmation and an emphasis on momentum direction rather than traditional overbought or oversold readings. The algorithm waits for the RSI to indicate direction, then captures breakouts validated by Bollinger Bands, so trades are typically entered early in trending moves. It handles trending and transition phases well but is less active in choppy ranges. Risk is managed through configurable stop levels and position sizing recommendations in the MT4 inputs. Expected performance characteristics include moderate trade frequency, win rates in the low 60 percent range on tested pairs, and drawdowns that depend heavily on position sizing and stop selection. The strategy is distributed by Ulises Calderon Bautista and is intended for traders who can run MT4 and monitor live performance metrics. Realistic deployment should include optimization by pair and timeframe and ongoing monitoring of live results.