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- Trading Robots
- Metatrader 4
- Forex Trading
- Sorgo EA
Sorgo EA
Easy Rating: 5/1
MQL Rating: 3/2
Type:
Live
Leverage:
100
Deposit:
1596$
Balance:
1593.85$
Profit:
-2.15$
Withdrawal:
0$
Update: 8 Nov 2024
12000
4586.01
Live
FusionMarkets-Live
22 Nov 2024, 10:03
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Overview
Is Sorgo EA your ticket to trading success, or just another glitchy robot that can blow up your account? This article lifts the veil on Artsiom Rekets’ latest creation, examining whether it lives up to the hype or is just a facade. Get ready for an unfiltered look at Sorgo EA!
1. Introduction to Sorgo EA 🌟
Sorgo EA emerges as a forward-thinking solution in the crowded world of automated trading. Crafted by Artsiom Rekets, this trading algorithm leverages the principle of price returning to average levels whenever imbalances occur. This distinctive approach not only simplifies trading, stripping it of unnecessary complexities and toxic methodologies, but positions it as an accessible tool for both novice and experienced traders. Users looking for clarity and effectiveness will find Sorgo EA appealing due to its straightforward operational mechanism and emphasis on understanding market behaviors rather than relying on artificially smooth historical data. 🚀
What sets Sorgo EA apart from its competitors is its real trading history that dates back to April 2023, showcasing a commitment to transparency. The algorithm boasts a built-in news filter, allowing traders to customize their trading strategy according to market news and events. This flexibility ensures that every trade is not just a gamble but a calculated decision, tailored to the current market landscape. By eliminating dependency on special trading conditions such as slippage or trading levels, Sorgo EA underlines a robust framework aimed at achieving profitability without these unnecessary complications. 📊
2. Core Trading Principle: Return To Average 📈
The core trading principle of Sorgo EA revolves around the concept of price returning to its average value. This fundamental idea targets price imbalances, which are often observed in volatile market conditions. When the price deviates significantly from its average, it creates a ripe opportunity for traders looking to capitalize on the inevitable correction. As per the algorithm’s strategy, Sorgo EA identifies these deviations and executes trades anticipating a return to the mean. The integration of Bollinger Bands plays a significant role in this process, as it provides visual boundaries indicating overbought and oversold conditions, solidifying the basis for buy and sell signals that align with market behavior. 📉
In practice, this means that when the price breaches the upper or lower Bollinger Bands, Sorgo EA will trigger trades that assume prices will revert to the average. Specifically, the trading signals arise when the price crosses these bands: a breach below the lower band offers a buy signal while a breach above the upper band calls for a sell signal. By operating under this straightforward principle without entangling itself in complex trading conditions like slippage, the algorithm emphasizes a clear and understandable approach to trading. 📊
3. Key Features and Benefits 🎛️
Sorgo EA offers a diverse array of remarkable features that cater to the needs of both novice and professional traders alike. One of its standout capabilities is the built-in news filter, which allows users to customize their trading approach according to the sensitivity of different news events. This feature enables traders to manage risk effectively by avoiding trades during high-impact news releases that could cause significant market volatility. By integrating this level of customization, Sorgo EA empowers traders to strike a balance between maximizing profit potential and minimizing risk exposure, which is essential in today’s fast-paced trading environment. 📅
Another pivotal aspect of Sorgo EA is its robust trade protection mechanisms, including automatic stop-loss (SL) settings. This safety feature ensures that all trades are safeguarded against unexpected market movements, preventing accumulated losses from impacting overall performance. Unlike many other systems that might utilize high-risk strategies such as martingale or grid systems, Sorgo EA prides itself on avoiding such toxic methodologies. Instead, it focuses on a sustainable trading model that respects risk management norms, allowing traders to feel secure in their trading endeavors while enjoying the benefits of automated trading. 🔒
4. The Trading Strategy in Detail 🔍
The trading strategy employed by Sorgo EA is straightforward yet effective, focusing on adaptive market conditions to optimize trade execution. This algorithm opens between one to three orders based on prevailing market dynamics, adjusting the distance between trades to account for volatility. Every order is equipped with a dynamically calculated stop-loss (SL) and take-profit (TP), which are influenced by the specific context of the trade. It’s crucial to understand that the closing mechanisms do not hinge on merely achieving a desired profit level; instead, they depend on predetermined patterns, steering clear from the often perilous grid and martingale strategies . ⚖️
While the simplicity of this strategy might seem appealing, traders should temper their expectations. The approach’s reliance on mean reversion and market behaviors necessitates a comprehensive understanding of current conditions — not every fluctuation will lead to favorable outcomes. Furthermore, the absence of complex trading methodologies can limit the algorithm’s effectiveness in highly volatile markets. Thus, active monitoring and periodic backtesting of settings are highly recommended to ensure alignment with market realities . 📉
5. User Reviews and Community Feedback 📝
User feedback on Sorgo EA reveals a mixed bag of experiences, underscoring the importance of a comprehensive view before diving into this trading system. On the positive side, several users have reported satisfying results, especially on demo accounts, with comments like, “Small losses and big profits so far”. Others emphasized the effectiveness of Sorgo EA for prop challenges, appreciating the fast and reliable support provided by the developer. The ease of use and satisfactory real-time trading performance from the demo environment has encouraged some traders to transition to live accounts, hoping to replicate their success. 🎉
However, the criticisms are equally notable. Users have reported discrepancies between demo and live account performances, with one user expressing disappointment after losing a significant amount of money. They cited concerns about the EA’s reliance on seemingly arbitrary trade placements without a coherent strategy driving its decisions. Additionally, some reviewers noted the need for more comprehensive user documentation to help traders optimize their settings effectively. As with any automated trading system, users should remain vigilant and not set unrealistic expectations—success often hinges as much on market conditions as on the algorithm itself. ⚠️
6. Scam or Trustworthy? ⚠️
The legitimacy of Sorgo EA is a pressing topic among traders, as user experiences vary widely, raising concerns about its reliability. Some reviews point to issues typical of scam products, such as the lack of consistent performance in live trading versus demo environments. Users have reported substantial drawdowns and poor communication from the vendor when seeking support or refunds, leading many to label it as untrustworthy. For instance, reports of significant losses due to the algorithm’s performance inconsistencies add weight to these concerns. ⚠️
On the flip side, some users experience positive outcomes, particularly those who run thorough backtesting and adapt trading settings to their market conditions. They claim that while there are risks associated, Sorgo EA can be a beneficial tool when utilized correctly. However, the potential for marketing practices that seem to promote unrealistic expectations cannot be ignored. Traders are strongly advised to approach with caution, conduct independent research, and not over-rely on any single system for consistent profitability. Remember, no automated trading tool is a guaranteed money machine; thus, responsible usage is paramount. 🔍
7. Comparison with Other Trading Systems 🤔
When comparing Sorgo EA to other popular trading systems such as EASY Trendopedia and EASY Scalperology, several key differences and similarities emerge. Sorgo EA is built on a relatively straightforward mean-reversion strategy while avoiding more complex mechanisms like grid and martingale trading. This focus on price returning to average levels can be advantageous in stable markets, making it a viable option for traders who prefer simplicity and clarity in their trading approach. In contrast, EASY Trendopedia leverages trend-following principles, incorporating a robust indicator framework that allows it to capitalize on strong market movements. 📊
EASY Scalperology, on the other hand, targets short-term opportunities with rapid trades, which can lead to quick gains but also requires precise market timing and execution. Both EASY systems have built-in features designed to enhance their performance under varying market conditions, whereas Sorgo EA’s customization options for risk and return may not be as extensive. Traders using Sorgo EA should be aware that while it can yield consistent results in certain scenarios, it may not perform as dynamically in volatile conditions—something that EASY Trendopedia and Scalperology might handle better due to their adaptable strategies. Overall, each trading system offers unique features, and traders should select based on their individual trading styles and market conditions. 🤔
8. Author Reputation: Artsiom Rekets 👔
Artsiom Rekets, the developer behind Sorgo EA, has amassed a reputation that is a blend of positive and negative feedback from the trading community. With a rating of 552, he sits comfortably within the realm of reputable authors, but the variance in public opinion suggests that his standing is not unblemished. While some users laud his responsiveness and commitment to improving his algorithms, noting that he provides timely updates and clear support, others have expressed frustrations regarding transparency and performance discrepancies. 📊
What stands out in the evaluation of Rekets’ credibility is the mixed nature of the user reviews. Many traders appreciate the solid backtesting and customization options offered by his systems, while others remain skeptical and report significant drawdowns in live trading. This duality urges potential users to weigh expectations carefully; relying solely on marketing claims can lead to disappointments. As such, while Rekets might have an established presence in the market, traders would be prudent to conduct their own thorough testing and maintain caution, especially when entering into transactions that involve substantial capital. ⚖️
9. Pricing and Availability 💰
Sorgo EA is priced at $310, which positions it in the mid-to-high range when compared to similar trading systems available on the market. This cost includes features like a built-in news filter and automated risk management tools, setting a standard for what traders can expect in terms of functionality and support. However, it’s essential to consider what else is on offer in the competitive landscape. Many other reputable trading systems, particularly those like EASY Trendopedia and EASY Scalperology, may present more extensive user support or proven performance over a more extended period. They can also be more adaptable to various market conditions, sometimes for a similar or lower price. 💳
In assessing whether the investment is worth it, potential users should evaluate their trading strategies and risk tolerance levels. The lack of a trial version or a money-back guarantee for Sorgo EA heightens the necessity for traders to conduct thorough due diligence before committing their funds. Given the mixed reviews on performance and reliability from current users, new traders are urged to start with demo accounts before transitioning to live trading. Ultimately, Sorgo EA offers opportunities, but prudent and informed trading decisions will be critical in navigating potential pitfalls in trading automation. 📈
10. Join the FxRobotEasy Team 🤝
The FxRobotEasy Team is a dedicated group of professional traders and developers committed to empowering traders at all experience levels. With a focus on thorough analysis and reliable trading systems, they offer a plethora of resources designed to help traders navigate the complexities of the Forex market. By providing detailed reviews, instructional content, and strategic insights, the FxRobotEasy Team aims to make automated trading accessible and effective for everyone. 🤝
Moreover, the team encourages community engagement and feedback, offering platforms for discussions and shared experiences. Their approach not only involves creating and refining robust trading robots like the EASY series but also fostering a sense of collaboration among traders. However, traders are advised to maintain realistic expectations regarding automated trading; success in this domain takes time, effort, and critical evaluation of systems. As you explore Sorgo EA and other trading options, consider leveraging the resources and community support provided by the FxRobotEasy Team to enhance your trading journey. 📈
Sorgo EA
forexroboteasy.com
Write review
Kane Walker
1 review
Consistent Profits Across Multiple Brokers
I've been using Sorgo EA and it's been delivering consistent profits. Tested with brokers like Tickmill, IC Markets, and RoboForex, and the results have been positive with each one. Highly recommend for safe and profitable trading!