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Bomber Corporation EA MT5 – Complete Settings Review and Analysis

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 early stop for safety.

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Bomber Corporation EA MT5 - Complete Settings Review and Analysis 4

General Settings of the Bomber Corporation EA

ParameterValueAnalysis
ord_CommBOMBER CORPORATIONIdentifier or EA name.
Fix_Lot0.1Fixed lot size for every trade. Small and conservative.
Auto_Lot0.0Autolot is disabled (manual lot sizing only).
Deposit amount for autolot1000.0Autolot basis if enabled.
Max Spread70Accepts max spread of 7.0 pips — could be risky in volatile markets.
TimeStartH / TimeEndH0 / 23Trading window: full day.
TimeStartM / TimeEndM0 / 58Starts at minute 0, ends at minute 58.
TimeEndFriday22:00EA stops trading early on Friday — helps avoid weekend gaps.

Entry & Exit Logic – Mode Bounce

ParameterValueAnalysis
Minimum distance241Filters out noise; only enters trades when price moves significantly.
TP (Take Profit)0No fixed TP — suggests trailing SL or dynamic exit.
Magic Number1414Unique identifier for EA trades.

Keltner Channel Settings

ParameterValueAnalysis
HalfLength_Rev137Long averaging period; good for trend stability.
Koef_Rev0.4Controls channel width — moderate setting.

Bollinger Bands Settings

ParameterValueAnalysis
BB Touch OutputtrueTrades when price hits BB levels.
Enable FiltertrueBB filter is active — ensures entry quality.
Period BB100Long-term Bollinger Band — reduces false signals.
Deviation BB0.7Tight bands — sensitive to small price movements.
BB as KeltnerfalseBB and Keltner are used separately.

Standard Deviation Settings

ParameterValueAnalysis
Period12Short-term STDV for volatility.
Ma MethodSimpleCommon averaging method.
Bars to Avg STDV198Sufficient lookback for volatility calculation.
Level StDev0.0004Custom threshold for STDV-based filters.

RSI Filter Settings

ParameterValueAnalysis
Enable RSItrueAdds RSI filter to avoid overbought/sold zones.
Overbought Level70Standard overbought threshold.
Oversold Level30Standard oversold threshold.
Period14Default RSI period.

Moving Average Filter Settings

ParameterValueAnalysis
Enable MA FilterfalseMA filter is off in this setup.
MA MethodExponentialEMA offers more sensitivity (though not used here).

Professional Swing Filter

ParameterValueAnalysis
BarsLook16EA looks back 16 bars to detect swing patterns.

MACD Parameters & Filters

ParameterValueAnalysis
Fast EMA / Slow EMA27 / 49Custom MACD — slower than standard (12/26), filters noise.
MACD SMA20Smooths MACD signal further.
Use MACD FiltertrueActively filters trades based on MACD.
Level for open SELL0.0002Precise MACD level filter.
Level for open BUY-0.0004Slight bias toward BUY trades.

Close on MACD Line

ParameterValueAnalysis
Use MACD ClosetruePositions are closed based on MACD cross.
Level MACD for close0.0 (all)Neutral settings — default closing condition.
Close only with profitfalseEA 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.

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