Crimson Band EA is a free, fully automated Expert Advisor for MetaTrader 5, built around Bollinger Bands with RSI confirmation. It enters only when its conditions align and protects every position with a fixed Stop Loss and Take Profit. No martingale, no grid, no averaging.
Recommended setup:
- Platform: MetaTrader 5 (MT5)
- Strategy: Bollinger Bands + RSI
- Best pair: XAUUSD (Gold)
- Timeframe: M5
- Account type: ECN / Raw spread
- Price: FREE download
Crimson Band trades Bollinger Band extremes with RSI confirmation, a mean-reversion approach that fades overstretched moves and rides them back toward the mean.
Download Crimson Band 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
Crimson Band EA
Free Download - .zip file
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