Gold M30 Bollinger Reversion Expert MT5

Gold M30 Bollinger Reversion Expert MT5 trades potential gold reversals after price reaches a Bollinger Band. By default, it waits for a completed M30 candle back inside the bands, then targets the middle band where suitable. ATR stops, free-margin-based sizing and a single-position rule support its XAUUSD mean-reversion approach.

From a price extreme to an entry

The buy setup begins when price reaches or moves below the lower Bollinger Band. By default, the completed candle must then close back inside the bands before entry. A sell uses the upper band and the corresponding return inside. The strategy therefore seeks a reversal from an extreme rather than continuation beyond the boundary.

Default bands use period 20, deviation 2.0, shift 0 and closing prices on M30. The EA evaluates completed half-hour candles rather than relying on unfinished movements. An RSI confirmation filter is optional and can be enabled by the user; the overview does not give its numeric thresholds, so the specific values should be checked in the supplied inputs.

The return inside a band adds a condition beyond a simple touch, but it does not prove the trend has ended. Gold can continue strongly in one direction after a temporary re-entry. In our assessment, that behavior during persistent trends is one of the most important aspects to evaluate alongside periods of repeated range reversals.

Middle-band targets and ATR protection

The default Take Profit uses the Bollinger middle band when that level is correctly positioned relative to the entry. If it cannot be used, the EA can calculate a target from the configured risk/reward ratio. The listing does not specify the numeric fallback ratio, so it should not be assumed to equal the ratio of another product.

Stop Loss defaults to ATR 14×1.20. The EA considers the broker’s minimum stop distances, spread and tick size when placing protection and targets. Because band placement and volatility vary over time, inspect the actual stop and target on sample trades rather than expecting fixed pip distances.

Default automatic risk is 0.50% of available free margin, with fixed lots available as an alternative. MaxLot defaults to 1.00. Spread protection, margin checks and broker stop-level protection support order submission. The maximum lot and risk percentage are separate controls, and the same lot size can represent different exposure under different gold contract specifications.

Single-position behavior and practical testing

The developer describes only one EA position on the symbol at a time. While that position remains active, the system will not open another buy or sell. It also explicitly excludes martingale, grid trading, averaging down and recovery systems; position size follows the selected risk settings.

The primary instrument is Gold/XAUUSD, with examples including XAUUSDm, XAUUSD.cash and GOLD. The EA does not require one exact broker symbol name by default. Still, confirm the selected instrument’s trading conditions, because spread, execution and tick specifications affect a strategy that aims to return from a band extreme to its center.

Test the default M30 setup with your broker’s history, then check the same entry sequence on demo. Include directional markets and exceptional volatility, where mean reversion may be less reliable. Compare any optional RSI filter change against the same test periods. The original image below allows you to inspect the developer’s source material without mistaking a selected historical result for independently verified live performance.

Settings and product details

Market and timeframe

Gold/XAUUSD; completed M30 candles.

Default Bollinger settings

Period 20; deviation 2.0; shift 0; applied price Close.

Entry confirmation

Close back inside the bands by default; optional RSI filter.

Initial stop

ATR 14×1.20 by default, subject to broker trading requirements.

Target selection

Middle band when usable; configurable risk/reward alternative.

Sizing and exposure

0.50% free-margin risk; MaxLot 1.00; one active EA position on the symbol.

Original developer images

The following original images come from Ibrahim Tekin’s MQL5 listing, checked September 30, 2026. The captions distinguish promotional diagrams from historical tester evidence. They are developer-supplied material, not an independent live-account verification.

Related products from Ibrahim Tekin

Gold M30 RSI Intraday EA MT5, EURUSD Bollinger Reversion Expert MT5, Gold M5 Reverse Scalper EA MT5.

Delivery and updates

Your order includes instant access to DeliveryInformation.txt, the instructions for confirming delivery of the product files. This text document is not the EA executable. Free lifetime updates are included. Optional remote installation help is available for this product.