Product overview
A closer look at what’s included
Overview: Xtreme Fade EA is a rule-based mean-reversion Expert Advisor for MetaTrader 5. The EA identifies extreme price extensions beyond a 20-period Bollinger Band at 3 standard deviations and waits for a confirmed return through the 2-standard-deviation band. A Wilder ADX(14) filter restricts entries to range-bound conditions where ADX is below 30. The EA processes signals from closed candles and is optimized for deterministic Strategy Tester operation on M15.
Strategy Concept & Entry Logic
- Long Setups: Trigger when a closed candle below the lower 3-deviation band activates the setup, followed by a close back above the lower 2-deviation band while ADX is below 30.
- Short Setups: Trigger when a closed candle above the upper 3-deviation band activates the setup, followed by a close back below the upper 2-deviation band while ADX is below 30.
- Closed-Bar Processing: Signals evaluate once per new bar on confirmed closed candles to eliminate look-ahead bias and repainting.
Exit & Risk Management
- Fixed Exits: Default 20-pip Stop Loss with a 1:1 risk-to-reward Take Profit.
- Equity Risk Sizing: Default sizing risks 1 percent of account equity per trade based on stop distance and symbol tick specifications.
- Session Controls: Active window configurable for target market sessions (default 03:00 to 14:00 Eastern Time).
Key features
- Long Setups: Trigger when a closed candle below the lower 3-deviation band activates the setup, followed by a close back above the lower 2-deviation band while ADX is below 30.
- Short Setups: Trigger when a closed candle above the upper 3-deviation band activates the setup, followed by a close back below the upper 2-deviation band while ADX is below 30.
- Closed-Bar Processing: Signals evaluate once per new bar on confirmed closed candles to eliminate look-ahead bias and repainting.
- Fixed Exits: Default 20-pip Stop Loss with a 1:1 risk-to-reward Take Profit.
- Equity Risk Sizing: Default sizing risks 1 percent of account equity per trade based on stop distance and symbol tick specifications.
- Session Controls: Active window configurable for target market sessions (default 03:00 to 14:00 Eastern Time).
Support & answers
Frequently asked questions
Question: What platform is Xtreme Fade EA built for?
Answer: Xtreme Fade EA is built exclusively for MetaTrader 5.
Question: How does the mean-reversion strategy work?
Answer: It identifies price extensions beyond 3-deviation Bollinger Bands and executes trades as price moves back inside the 2-deviation band, provided the ADX filter confirms low market trend strength.
Question: Can I backtest this EA in MetaTrader 5?
Answer: Yes, the EA evaluates closed candles only, making it fully deterministic and optimized for accurate Strategy Tester backtesting.
Question: What markets and timeframes are supported?
Answer: The recommended timeframe is M15, but the EA can be tested and applied to any liquid forex or CFD symbol that exhibits mean-reverting price action.