BB Return MT5 v7.40 + Setfiles

BB Return mt5 – Bollinger Band Mean-Reversion EA for XAUUSD (MT5)

BB Return mt5 is a MetaTrader 5 Expert Advisor built around Bollinger Bands mean-reversion logic for XAUUSD (Gold) on the M5 chart. An independent walk-forward test recorded a +301.3% return in its out-of-sample period, with a 24.3% maximum equity drawdown. The EA is developed by Leonid Arkhipov and was originally listed on the official MQL5 product page.

⚡ Key Highlights

• ⚙️ Trades XAUUSD on the M5 chart using Bollinger Bands mean-reversion logic with additional entry filters.
• 📈 An independent walk-forward test recorded +301.3% growth in its unseen test period, with 24.3% maximum equity drawdown.
• 🔄 Includes an enabled recovery mode that doubles lot size after a loss, despite being marketed as non-martingale.
• 🛡️ Ships with ten preset risk files (1%-10%) so you can match position sizing to your account.
• ⚠️ An independent test showed a 100% closed-trade win rate alongside a 37% floating equity drawdown, tied to recovery mode.

📊 Performance Results

The strongest available evidence for BB Return mt5 is an independent walk-forward test run on XAUUSD.cn (M5) through Blueberry Markets, using 100% modeling quality real-tick data, a $50,000 starting balance, and 1:500 leverage. The fitted period returned +1,311.1% with a 37.0% maximum equity drawdown across 54 trades. The unseen, out-of-sample period returned +301.3% with a 24.3% maximum equity drawdown across 26 trades, which is the more meaningful indicator of how the strategy behaves on data it was not tuned to.

No public Myfxbook or FXBlue track record for this exact EA was found, and the MQL5 signal historically linked to this product is no longer publicly viewable. This walk-forward test is the most useful independent verification available at this time, and it should be read alongside the developer’s own settings documentation rather than in isolation.

The most important detail in the independent test is the gap between closed-trade results and floating equity. The test recorded a 100% closed-trade win rate, yet floating equity drawdown reached 37% in the fitted period. The analyst attributed this to losing positions being held open rather than closed at a loss, which lines up with the recovery mode documented in the supplied settings. A perfect closed-trade win rate does not mean the strategy avoided losing trades; it means losing trades were managed differently, and that changes how you should size positions and monitor the account. Backtest and walk-forward results can differ from live results because of spread, slippage, data quality, and broker execution.

⚙️ How It Works

Strategy: BB Return mt5 waits for XAUUSD price to move outside the Bollinger Bands and looks for a return move back toward the band range, rather than trading every touch of the bands. The developer describes additional filters intended to reject weaker setups.

Entry: The supplied settings show a fixed Take Profit of 450 points and Stop Loss of 1,500 points, with trading restricted when spread exceeds 90 points. This spread cap means the EA can sit out during widened-spread conditions, such as news events or thin liquidity, rather than trading through them.

Position / Grid Management: Position sizing is configurable as a fixed lot (0.01 in the supplied preset) or as Auto-Risk, shown at 10% of balance in the supplied settings. The package includes separate presets for 1% through 10% risk, letting you choose a lower setting than the developer’s own example. Recovery mode is enabled with a 2.0x lot multiplier applied after losing trades; this is a loss-triggered size increase, and it is the mechanism most likely responsible for the floating drawdown seen in independent testing.

Risk Control: The 90-point maximum spread filter blocks entries during poor execution conditions. The recovery multiplier increases lot size after a loss, which raises exposure precisely when the account is already drawing down.

Caution: The EA is marketed with a “no grid, no martingale” position, but the documented recovery mode increases lot size after losses. Treat this as loss-triggered position sizing, and monitor floating equity rather than relying only on closed-trade statistics.

🧩 Technical Specifications

This package delivers version 7.40 of the EA file (.ex5). The developer’s MQL5 marketplace listing has since indexed newer versions and currently shows the product unavailable for new purchase there; the version included in this package is the one detailed below.

🎯 Who Should Use This EA

Ideal for:

• Traders who want a rules-based mean-reversion approach on XAUUSD rather than a trend-following system.
• Traders comfortable choosing a conservative risk preset (1%-3%) instead of the developer’s 10% example setting.
• Traders willing to actively monitor floating equity, not just closed-trade win rate, given the documented recovery mode.

Best results when:

• Paired with a broker that reliably keeps XAUUSD spread under the EA’s 90-point maximum.
• Run on a VPS for continuous uptime, since the EA is not restricted to a fixed trading session.

Not ideal for: traders who specifically want a fixed-lot system with no loss-triggered size increases, or small accounts unable to absorb a drawdown in the 20-37% range seen in independent testing.

📦 Download Package Included

The download package includes:

• BB Return mt5 v7.40.ex5
• BB_Return_risk1%.set
• BB_Return_risk2%.set
• BB_Return_risk3%.set
• BB_Return_risk4%.set
• BB_Return_risk5%.set
• BB_Return_risk6%.set
• BB_Return_risk7%.set
• BB_Return_risk8%.set
• BB_Return_risk9%.set
• BB_Return_risk10%.set

Your download link will be sent to your email address automatically after purchase is confirmed.

❓ Frequently Asked Questions