Market / MetaTrader 5 / Experts /

BorkEA

88 USD

Demo downloaded: 22

Published: 22 December 2022

Current version: 1.0

BorkEA

Experts
Eng Wai Chung
Version: 1.0
Activations: 5

--- Please read before install the DEMO or Purchase! ---

To all DEMO users:

In order for me to pass the automatic validation tester, I have to modify the parameter. Therefore, if you would like to run the DEMO or backtest in your account for specific currency pair （preferred EURUSD）, kindly get the customize set file or the specific input parament from me.

Parameter:

InitialDeposit:（Depend on your initial deposit）
yearlyTargetedProfit: 1.3（the best option） [if for demo, kindly put more than 5 to avoid testerStop()]
RSIPeriod: 9
RSIPrice: Close price
RSILowerLevel: 12
RSIUpperLevel: 88
bbPeriod: 20
bbShift: 0
bbDev: 3.0
kdOverbought: 85
kdOversold: 15
MinimumProfit: 0.001
MinimumStopLoss: 0.0085
BalRiskPer: 0.01
RiskingPips: 5

BorkEA is a reverse trend Expert Advisor that provide lucrative return after some time. It provides high Sharpe Ratio, the only things I care about. Why? Again, we need to know what Sharpe Ratio is!

What is Sharpe Ratio?

https://www.investopedia.com/terms/s/sharperatio.asp

BorkEA uses Bollinger Band（BB）as its base trading signal. BorkEA detect trends, and arbitrage when it has entered market correction position. Of course, by using its own unique trading management with controlled risk management, it will give you a steady profit every year.

As I have mentioned, trading is not about how much you earn in a year, but it is how stable you can earn every year. It is pointless that you earned 150% this year but due to unexpected circumstances and loss -200% in the following year. Thankfully, BorkEA is able to provide high Sharpe Ratio every year by making an adjustment for the risk based on the market circumstances.

A solid long-term trading system for quiet and steady market.

Features:

Default Settings are Optimized for EURUSD 15M
The system runs on a Single EURUSD 15M chart.
Additional Currency Pairs: GBPUSD, EURAUD, AUDNZD [Kindly private message me for the customize set file for each pair]
AVOID JPY, this EA is NOT meant for her also!

BorkEA would love to suggest 30% profit yearly, but if you would like to earn more than that, you can either change the parameter （which is NOT highly recommended) or withdraw the profit and let your balance revert back to your initial deposit amount. (Private message me if you do not understand and would like to know more details about these two option)

Question:

Q: What is the risk of this EA?

A: Evidence speaks. You tell me, a 5.86 Sharpe ratio is high-risk or low risk? I rest my case.

Requirements:

The EA requires good broker conditions: Low Spread and Slippage during Rollover. I highly recommend using a really good RAW broker. Message me personally for advice.
You can work on the VPS or even on Raspberry Pi to save cost. It will not affect the BorkEA’s performance. Write to me personally for advice.
Minimum Deposit from $200 and Leverage 1:500

Reminder:

REMEMBER to input your initial deposit amount in the parameter for the first time before you start trading with this EA. After that, you do not need to key in anymore unless you would like to increase or reduce your initial deposit amount after you start trading.

If you have bought the product and/or you have any questions, do not hesitate to send me a private message and also contact me for product support after you have purchased it.

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