What is Bomber Corporation EA MT5? Bomber Corporation EA for MT5 is a sophisticated Expert Advisor (EA) designed for advanced mean-reversion strategies, utilizing a wide array of technical filters for high-accuracy entries. It integrates Bollinger Bands, Keltner Channels, RSI, MACD, and Standard Deviation to enhance trade quality and operates a full-day trading window with a Friday […]
Bomber Corporation EA for MT5 is a sophisticated Expert Advisor (EA) designed for advanced mean-reversion strategies, utilizing a wide array of technical filters for high-accuracy entries. It integrates Bollinger Bands, Keltner Channels, RSI, MACD, and Standard Deviation to enhance trade quality and operates a full-day trading window with a Friday early stop for safety.
Bomber Corporation EA MT5 - Complete Settings Review and Analysis 4
General Settings of the Bomber Corporation EA
Parameter
Value
Analysis
ord_Comm
BOMBER CORPORATION
Identifier or EA name.
Fix_Lot
0.1
Fixed lot size for every trade. Small and conservative.
Auto_Lot
0.0
Autolot is disabled (manual lot sizing only).
Deposit amount for autolot
1000.0
Autolot basis if enabled.
Max Spread
70
Accepts max spread of 7.0 pips — could be risky in volatile markets.
TimeStartH / TimeEndH
0 / 23
Trading window: full day.
TimeStartM / TimeEndM
0 / 58
Starts at minute 0, ends at minute 58.
TimeEndFriday
22:00
EA stops trading early on Friday — helps avoid weekend gaps.
Entry & Exit Logic – Mode Bounce
Parameter
Value
Analysis
Minimum distance
241
Filters out noise; only enters trades when price moves significantly.
TP (Take Profit)
0
No fixed TP — suggests trailing SL or dynamic exit.
Magic Number
1414
Unique identifier for EA trades.
Keltner Channel Settings
Parameter
Value
Analysis
HalfLength_Rev
137
Long averaging period; good for trend stability.
Koef_Rev
0.4
Controls channel width — moderate setting.
Bollinger Bands Settings
Parameter
Value
Analysis
BB Touch Output
true
Trades when price hits BB levels.
Enable Filter
true
BB filter is active — ensures entry quality.
Period BB
100
Long-term Bollinger Band — reduces false signals.
Deviation BB
0.7
Tight bands — sensitive to small price movements.
BB as Keltner
false
BB and Keltner are used separately.
Standard Deviation Settings
Parameter
Value
Analysis
Period
12
Short-term STDV for volatility.
Ma Method
Simple
Common averaging method.
Bars to Avg STDV
198
Sufficient lookback for volatility calculation.
Level StDev
0.0004
Custom threshold for STDV-based filters.
RSI Filter Settings
Parameter
Value
Analysis
Enable RSI
true
Adds RSI filter to avoid overbought/sold zones.
Overbought Level
70
Standard overbought threshold.
Oversold Level
30
Standard oversold threshold.
Period
14
Default RSI period.
Moving Average Filter Settings
Parameter
Value
Analysis
Enable MA Filter
false
MA filter is off in this setup.
MA Method
Exponential
EMA offers more sensitivity (though not used here).
Professional Swing Filter
Parameter
Value
Analysis
BarsLook
16
EA looks back 16 bars to detect swing patterns.
MACD Parameters & Filters
Parameter
Value
Analysis
Fast EMA / Slow EMA
27 / 49
Custom MACD — slower than standard (12/26), filters noise.
MACD SMA
20
Smooths MACD signal further.
Use MACD Filter
true
Actively filters trades based on MACD.
Level for open SELL
0.0002
Precise MACD level filter.
Level for open BUY
-0.0004
Slight bias toward BUY trades.
Close on MACD Line
Parameter
Value
Analysis
Use MACD Close
true
Positions are closed based on MACD cross.
Level MACD for close
0.0 (all)
Neutral settings — default closing condition.
Close only with profit
false
EA may close positions at loss — good for risk control.
🔚 Final Conclusion: Should You Use Bomber Corporation EA for MT5?
Bomber Corporation EA appears to be a sophisticated Expert Advisor designed for advanced traders who prefer bounce or mean-reversion strategies. It integrates multiple filters like Bollinger Bands, Keltner Channels, RSI, MACD, and STDV to enhance trade accuracy.
✅ Pros:
Multi-filter system for high-accuracy entries.
Configurable trading hours and days.
Uses custom MACD and volatility logic.
Option to trade based on technical levels (BB, Keltner, etc.).
⚠️ Cons:
High spread tolerance (70 points) could be risky.
No fixed Take Profit or Stop Loss — may require VPS/monitoring.
Needs market condition testing (live or demo) to assess real performance.