Rebound EA is a free, fully automated Expert Advisor for MetaTrader 5, built around Bollinger Bands with Williams %R mean reversion. It protects every position with a fixed Stop Loss and Take Profit.
Recommended setup:
- Platform: MetaTrader 5 (MT5)
- Strategy: Mean reversion (BB + Williams %R)
- Best pair: EURUSD
- Timeframe: M15
- Account type: ECN / Raw spread
- Price: FREE download
Rebound fades stretched EURUSD moves using Bollinger Bands and Williams %R, aiming for the snap-back to the mean.
Download Rebound 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
Rebound EA
Free Download - .zip file
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