Sorgo EA – Forex Trading Algorithm for Mean Reversion
Sorgo EA is an advanced trading algorithm designed to capitalize on price imbalances by reverting to the average value. This expert advisor (EA) is straightforward, avoiding complex conditions, toxic methods, or artificially smooth performance charts. Instead, Sorgo EA offers a clear, result-oriented trading approach.
Key Features:
- Real Trading History: Active since April 2023, showcasing genuine performance.
- Built-in News Filter: Customizable options to manage trade timing around significant market events.
- Protected Trades: All positions are secured with Stop Loss (SL), preventing loss accumulation for artificial chart enhancement.
- No Toxic Strategies: Avoids grid, martingale, or averaging techniques, focusing on stable and sustainable trading.
- Customizable Risk/Return Profiles: Tailor your trading pattern to align with your risk tolerance and return expectations.
How Sorgo EA Works:
Sorgo EA can open one to three orders per position, depending on market conditions and your settings. The Stop Loss (SL) and Take Profit (TP) levels are dynamically calculated based on the current market environment. Trades are closed not merely based on profit or loss but on specific exit patterns, ensuring a disciplined approach to trading.
News Filter Customization:
To optimize performance, Sorgo EA includes a built-in news filter. You can configure the EA to adjust trading activity before and after major news releases. Enable this feature by navigating to Tools -> Settings -> EAs in MetaTrader and adding “https://sslecal2.investing.com/” to the WebRequest list.
Testing Sorgo EA:
Before using Sorgo EA in live trading, it is recommended to run backtests under the market conditions you intend to trade. For accurate testing in MetaTrader 4, disable the news impact by setting trade shutdown times to “00” before and after news releases. The EA is optimized for EURUSD on the M15 timeframe and requires no additional setup.
Technical Specifications:
- Currency Pair: EURUSD
- Account Type: Any
- Timeframe: M15
- Broker Time: GMT +2 (DST-false), GMT +3 (DST-true)
- Leverage: 1:100 to 1:500
- Minimum Deposit: $100 (minimum lot size 0.01)
For best results, use EA with brokers offering low spreads, minimal commissions, and fast execution speeds.
Investment Warning:
Before purchasing, carefully evaluate your investment objectives, experience level, and risk tolerance. Remember, past performance does not guarantee future results, and you should only invest money you can afford to lose.
Live Monitoring and Parameters:
- Live Signals: Signal
- Parameters and Setup Guide: Parameters
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