🧩 What is BB Scalping MT5?
BB Scalping MT5 is an automated scalping Expert Advisor (EA) that combines Bollinger Bands (BB) with ZigZag market structure and virtual trade management. The EA is designed for high-frequency, short-term trades, focusing on controlled entries and trailing-based exits rather than fixed stop losses.
🔧 Basic Trading Parameters Explained
| Parameter | Value | Meaning & Impact |
|---|---|---|
| Open new series | true | Allows the EA to continuously start new trading cycles. |
| Trade Buy | true | Enables long (buy) positions. |
| Trade Sell | true | Enables short (sell) positions. |
| Support manual orders | true | EA can manage manually opened trades. |
| Order Comment | BB Scalping | Custom identifier for trade tracking. |
| Start lots | 0.01 | Very low starting lot, suitable for small accounts. |
| Use Money Management | false | Lot size remains fixed, no balance-based scaling. |
| Autolot (free margin / 0.01 lot) | 1000 | Reference value only; inactive because MM is disabled. |
🎯 Take Profit, Stop Loss & Trailing Logic
| Parameter | Value | Analysis |
|---|---|---|
| Stops mode | Virtual TP and SL | TP/SL handled internally, hidden from broker. |
| TP (points) | 350 | Large virtual take profit, allowing trades to breathe. |
| SL (points) | 0 | No fixed stop loss; exits rely on trailing logic. |
| Trail Start (points) | 200 | Trailing activates only after significant profit. |
| Trail Step (points) | 120 | Smooth trailing, avoids premature exits. |
| Close from reverse signal | false | Trades are not closed immediately on opposite signals. |
➡️ This confirms a trend-following scalping style with delayed trailing exits.
⏱ Trading Time & Control
| Parameter | Value | Explanation |
|---|---|---|
| Start Hour | 0 | No time restriction. |
| End Hour | 0 | EA trades 24/7 (broker time). |
| Draw on-off | true | Visual objects and panel enabled. |
| Magic EA | 150925 | Unique identifier to avoid trade conflicts. |
📐 ZigZag Indicator Settings
| Parameter | Value | Role |
|---|---|---|
| Depth | 12 | Detects short-term swing points. |
| Deviation | 5 | Filters minor price noise. |
| Backstep | 3 | Confirms swing validity. |
➡️ ZigZag is used to confirm market structure, not for direct entries.
📉 Bollinger Bands (BB) Settings
| Parameter | Value | Analysis |
|---|---|---|
| BB Period | 200 | Long-period BB filters overall trend bias. |
| BB Deviation | 3.0 | Wide bands reduce false breakouts. |
➡️ This setup favors high-probability mean-reversion or breakout continuation zones.
🖥 Panel & Interface Parameters
| Parameter | Value | Purpose |
|---|---|---|
| X1 / Y1 | 10 / 100 | Panel screen position. |
| Info panel background | Gainsboro | Neutral UI color. |
| Border / Text color | DarkGray / DimGray | High readability. |
| Button Open/Close | DarkOrchid | Visual trade controls. |
| Button ON (Trade & New Series) | Green | Active trading state. |
| Button OFF | Red | Trading disabled. |
| Terminal Button | Blue | Quick terminal access. |
| Font | Arial | Clear and lightweight UI font. |
| Font Size | 10 | Compact panel display. |
🧠 Strategy Logic Summary
BB Scalping MT5 uses Bollinger Bands (period 200) to define volatility boundaries and market bias, while ZigZag confirms swing structure. Trades are opened with small fixed lots, managed using virtual take profit and delayed trailing stop, allowing profits to run while avoiding broker-side manipulation. The EA is optimized for scalping volatile sessions, especially on lower timeframes.
⚠️ Risk Management Assessment
➡️ Advantages
- Very low starting lot (0.01)
- Virtual TP/SL protects against stop hunting
- Wide BB settings reduce false signals
- Trailing-based exits maximize trend moves
➡️ Limitations
- No hard stop loss
- Fixed lot sizing only
- Requires stable spreads and good execution
- Not ideal for extreme news volatility
⭐ Rating & Risk Level
⭐ Overall Rating: 8.2 / 10
BB Scalping MT5 delivers a clean, professional scalping logic with strong volatility filtering and smart trailing management.
⚠️ Risk Level: Medium
| Aspect | Level |
|---|---|
| Trading Style | Scalping / Trend-Follow |
| Stop Loss | Virtual only |
| Lot Scaling | Fixed |
| Drawdown Risk | Medium |
| Suitable Capital | Small to Medium accounts |
✅ Conclusion
BB Scalping MT5 is a well-balanced scalping Expert Advisor that combines Bollinger Bands and ZigZag confirmation with virtual trade management and trailing exits. It is best suited for traders who want controlled scalping without aggressive martingale, using fixed lots and allowing trades enough space to develop. When used on low spreads and stable brokers, BB Scalping MT5 can deliver consistent short-term performance with manageable risk.
