Introduction
Sorgo EA is a dedicated Expert advisor (EA) for the EURUSD pair, employing a mean reversion strategy to optimize profits in the volatile forex market. With standout features like an integrated news filter and stop-loss protection, Sorgo EA ensures safety and efficiency in trading sessions. It requires no special trading conditions, making it suitable for all investors and helping users easily navigate market challenges.
How Sorgo EA works?
Sorgo EA opens a trading position with 1 to 3 orders, depending on your settings. The distance between these orders is calculated based on market conditions. Each order has a stop loss (SL) that is also automatically calculated based on market conditions. The position is closed based on a closing pattern, rather than a specific profit or loss.
How to customize the news filter
Sorgo EA has a built-in news filter that you can customize to your preferences. You can set the desired impact level of news events, as well as the time period before and after the news release to consider.
Sorgo EA Trading Features
Expert advisor integrates powerful and professional trading features, including:
1. Main trading strategies:
- Mean Price Reversion: Seeks to profit from the idea that prices tend to revert to their mean after periods of deviation.
- Professional Capital Management: Avoids risky strategies such as Grids, Martingale and price averaging.
- Performance Focus: Aims for results in current market conditions and continuously optimizes.
2. Trade management:
- Built-in News Filter: Allows customization based on the impact and timing of news.
- Risk Management: Each order is automatically integrated with Take Profit (TP), Stop Loss (SL) and a separate closing model (not based on profit/loss).
- Multiple Orders per Position (1-3): Open multiple orders with different distances based on market conditions.
- Risk Customization System: Allows adjusting the balance between risk and potential profit.
- Trading model selection: Choose the user's preferred trading style in the advisor's settings.
3. Additional features:
- Optimized for EURUSD: Works best on the EURUSD currency pair with a 15-minute time frame.
- 24/5 monitoring: Runs continuously to identify opportunities to open trades.
- Optimized for the MT4 platform: The advisor takes full advantage of the superiority of the MetaTrader 4 platform.
Sorgo EA MT4 Reviews
Sorgo EA has proven effective in generating stable profits and providing strong capital protection. Its clear and straightforward trading strategy, combined with advanced risk management features, makes it suitable for both novice and experienced investors.
1. Sorgo EA Myfxbook:
Sorgo EA's real trading performance is verified by Myfxbook for 3 years and has impressive performance. Total profit Gain: +3,981.64% and risk level remains low Drawdown: 34.07%.
2. Sorgo EA Live results:
Sorgo EA has consistently delivered impressive results, boasting a 79-week streak of profitable trading. With an initial investment of $139, the advisor generated a remarkable 89% total profit. This robust performance, particularly evident in the EURUSD pair, solidifies Sorgo EA's position as a reliable tool for navigating the forex market.
Key Performance Metrics:
- Consecutive profitable weeks: 79
- Initial investment: $139
- Total profit: 89%
- Primary pair: EURUSD
- Maximum drawdown: 22,9%
3. Backtest results:
Sorgo EA demonstrated exceptional real-world trading performance from January 2022 to September 2023. With a modest starting capital of $10,000, it generated a substantial total profit of $192,685.23. Impressively, it maintained a low-risk profile throughout the 20-month trading period, limiting the maximum drawdown to a manageable 9.95%.
Key Performance Metrics:
- Trading period: January 2022 - September 2023
- Starting capital: $10,000
- Total profit: $192,685.23
- Maximum drawdown: 9.95%
Latest product download package includes
The download package includes the official version of the advisor:
- Experts: Sorgo EA v2.6.ex4
- Presets: SorgoEA.set
Conclusion
Sorgo EA is an automated trading Expert Advisor (EA) designed to leverage the mean-value theory, the advisor is optimized for impressive performance for the EURUSD currency pair on the M15 timeframe. The EA promises easy-to-understand trading with a unique algorithm to deliver high results in the forex trading market.
>>> Reviewed by Jason Stap
