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MultiBolbands is an MT5 expert advisor that trades up to 28 currency pairs from one chart, using Bollinger Bands and DEMA to decide entries and exits. It includes lot sizing, drawdown and basket-level close controls.
Get one message the moment it launches, with its price.
MultiBolbands is an MT5 expert advisor that watches up to 28 currency pairs from a single chart and opens and closes trades using two indicators: Bollinger Bands and the double exponential moving average (DEMA). It also provides lot sizing, drawdown and basket-level controls.
The EA reads Bollinger Bands and DEMA values for every pair you have enabled and uses them together to decide when to enter and when to exit. Because one instance handles many symbols, you attach it to one chart and the EA manages the other pairs in the background. If TakeProfit or StopLoss is set to 0, the trade is closed by the EA's own logic rather than by a fixed level.
The default inputs are set up for EURUSD on the H1 timeframe. The EA can cover 28 pairs, and each one has an Active switch and a CurrencyName field so you can match your broker's symbol names. Check that every symbol you want to trade is visible in Market Watch.
| Input | Purpose |
|---|---|
| LotSize | Base lot size |
| UseSameLotSizeForAllPairs | One lot size for all pairs, or separate sizes per pair |
| TakeProfit / StopLoss | Fixed exits; 0 means the EA closes by its own logic |
| IsDynamicLot, koef, from, is_koef_for_each | Automatic lot sizing from balance or free margin; larger koef means more risk |
| bands_period, bands_shift, deviation | Bollinger Bands parameters |
| dema_period | DEMA period |
| ShowTradePanel | Shows or hides the on-chart panel; turn off for faster testing |
Exact default values depend on the preset you load, so check them in the inputs window rather than relying on this page.
Use Open prices only for most tester runs, as it is much faster. Tests that include the global take profit or stop loss should use every tick or 1 minute OHLC. Presets were tuned on one broker's history, so optimise on your own broker's data before going live.
Trading carries risk and past results do not predict future ones. Running many pairs at once can increase exposure, and dynamic lot sizing makes positions larger as the koef value rises. Test on a demo account first and only risk money you can afford to lose.
| Product type | Expert advisor (automated trading) |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | General |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Markets | Up to 28 currency pairs, each switched on or off in the inputs |
| Default setup | Defaults are set for EURUSD on H1; check other pairs yourself |
| Indicators used | Bollinger Bands and DEMA |
| Trade style | Multicurrency, indicator-based, with optional basket-level exits |
| Lot sizing | Fixed lot, per-pair lot or dynamic lot from balance or free margin |
| Requirements | MT5 account with the needed symbols in Market Watch; VPS advised |
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No. This product is an MT5 expert advisor and cannot be loaded on MetaTrader 4. You need an MT5 account and terminal to use it.
The default presets were tuned on RoboForex data. Other brokers can be used, but price histories and symbol names differ between brokers, so you should run your own optimisation and test before trading live. Set the CurrencyName inputs to match your broker's symbol names, including any prefix or suffix.
Turn off the ShowTradePanel input before testing, and use the Open prices only mode for ordinary runs. If you test the global take profit or global stop loss options, use every tick or 1 minute OHLC instead, because those checks need intrabar prices.
No. Each pair has an Active switch, so you can disable any symbol you do not want to trade. You can also limit the number of open trades per pair with CountOrders.
It increases position size as the account grows, and a larger koef value means larger positions and larger potential losses. Test any such setting in the strategy tester first and only use a size you are comfortable losing. Trading carries risk and past results do not predict future ones.
Updated presets may be released over time, so check the latest download from your account. Always compare any new preset with your current inputs before replacing them.
MultiBolbands
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