Boomerang EA is a free, fully automated Expert Advisor for MetaTrader 5, built around a low-frequency counter-trend strategy. It protects every position with a fixed Stop Loss and Take Profit.
Recommended setup:
- Platform: MetaTrader 5 (MT5)
- Strategy: Counter-trend reversal
- Best pair: major FX pairs
- Timeframe: H1 to H4
- Account type: ECN / Raw spread
- Price: FREE download
Boomerang fades overextended moves, entering against the trend at exhaustion points for a snap-back, with strict fixed risk.
Download Boomerang EA for free below. The package includes the ready-to-run .ex5 plus the full MQL5 source code so you can study or customize it.
Updated in June 2026
Boomerang EA
Free Download - .zip file
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