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Bumblebee is an MT4 expert advisor that trades breakouts of support and resistance levels. It places orders with a stop loss and take profit, offers an optional trailing stop, and can run on several currency pairs.
Get one message the moment it launches, with its price.
Bumblebee is a fully automated expert advisor for MetaTrader 4. It looks for price breaking through support and resistance levels and opens a trade in the direction of the break, protecting every order with a stop loss and a take profit.
The logic is built around a simple idea: when price pushes beyond a level where it previously stalled, the move may continue for a while. Bumblebee watches for those breaks, taking volume into account as part of its filtering, and enters at market when its conditions are met. Each order carries a fixed take profit and stop loss, so the exit is defined when the trade opens.
The EA includes an optional trailing stop. When it is switched on and an order moves into profit, the stop loss is dragged along behind price by a distance tied to the StopLoss input. This can lock in part of a move, though it can also close a trade earlier than a fixed target would. Compare both modes in the strategy tester before choosing.
Bumblebee is designed for forex currency pairs and supports multi-currency operation. To trade several pairs, attach the EA to one chart per pair. The author describes a wide choice of suitable pairs, but the exact list and the preferred timeframe are not something to assume. Check the product page and comments for current guidance, and test each symbol on your own broker's data.
The input list is short, which makes the EA easy to configure.
| Input | Purpose |
|---|---|
| Lot | Volume of each market order |
| Trailing | Turns the automatic trailing stop on or off |
| TakeProfit | Take profit distance, expressed in chart price terms |
| StopLoss | Stop loss distance, expressed in chart price terms; also the trailing distance |
| Magic | Magic number used to identify the EA's orders |
The author suggests the smallest lot size as a starting point and recommends enabling trailing where possible. Because take profit and stop loss are not set in the usual pip counts, confirm how the values translate on your broker's symbols, including those with different digit counts, before going live.
Trading carries risk and you can lose part or all of your deposit. Past results do not predict future ones. Breakout systems can suffer false breaks and wide spreads around news. Test on a demo account first and only risk money you can afford to lose.
Before using real funds, run the EA on a demo account for a meaningful period and compare its behaviour with your broker's spreads and execution.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor) |
| Strategy focus | Support and resistance, Breakout, Volume |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, fully automated |
| Strategy | Support and resistance breakout, volume-aware |
| Markets | Forex currency pairs, multi-currency use |
| Timeframes | Check the author's recommendation; test before live use |
| Order protection | Stop loss and take profit, optional trailing stop |
| Inputs | Lot, Trailing, TakeProfit, StopLoss, Magic |
| Requirements | MT4 terminal with automated trading enabled |
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This listing is for the MetaTrader 4 version. An MT4 expert advisor cannot be loaded in MetaTrader 5, so make sure the download you install matches your terminal.
Open your MT4 terminal, choose File and then Open Data Folder, and copy the expert advisor file into MQL4/Experts. Restart the terminal or refresh the Navigator, drag Bumblebee onto a chart and allow automated trading.
Yes. The EA supports multi-currency use, which is done by attaching it to a separate chart for each pair you want to trade. Give each chart a sensible lot size and check that the magic number fits your setup.
The inputs are Lot, Trailing, TakeProfit, StopLoss and Magic. Start with the minimum lot size and the author's recommended values, then test them on a demo account. Note that take profit and stop loss are set in chart price terms, so confirm how they behave on your broker's symbols before using real money.
It should run on any MT4 broker that allows expert advisors, but spreads, execution and symbol naming differ between brokers. Test on a demo account with your broker first, and check the minimum deposit and leverage your account type requires.
No. Trading carries risk and you can lose money. Past results do not predict future ones, and any backtest depends heavily on data quality and broker conditions.
Bumblebee
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