Description
Black Wolf EA V2 MT5 is a fully automated trading robot designed for the MetaTrader 5 platform. It employs a trend-following strategy, using advanced algorithms to initiate buy or sell cycles based on market trends detected by built-in indicators. The Expert Advisor (EA) is noted for its grid trading capabilities, risk management features, and support for major currency pairs like EUR/USD and GBP/USD.
Black Wolf EA V2 MT5
The “Black Wolf EA V2 MT5” refers to an Expert Advisor (EA) or trading robot designed for automated trading on the MetaTrader 5 (MT5) platform. EAs are programs that automate trading strategies, allowing them to execute trades based on pre-defined rules without manual intervention.
Here’s a breakdown of what you need to know about Black Wolf EA V2 MT5, based on available information:
Key Features and Strategy:
- Trend-Following: The Black Wolf EA is primarily designed as a “trend-following” Expert Advisor. This means it aims to identify and capitalize on prevailing market trends, opening buy or sell positions in the direction of the trend.
- Built-in Indicator: It utilizes a built-in indicator to determine the market trend and initiate trading cycles accordingly.
- Supported Pairs and Timeframe: It is often recommended for use on the M15 (15-minute) timeframe and typically supports currency pairs like EURUSD, GBPUSD, EURAUD, AUDJPY, GBPAUD, and CADJPY.
- Automation: The EA is fully automated, meaning it executes trades without the need for manual intervention once set up.
- Risk Management: While default settings are often provided for optimized performance, users can typically adjust settings to fit their preferred risk profile.
- MT5 Platform: It is specifically built for the MetaTrader 5 platform, which offers advanced functionalities compared to MT4, including more timeframes, pending order types, technical indicators, and a built-in economic calendar.
Profitability and Risks:
- Long-Term Profitability: Developers often emphasize that the Black Wolf EA is designed for long-term profitability and is not a “get-rich-quick” tool. Like all trading, it will experience both winning and losing trades.
- Past Performance: It’s crucial to remember that past performance of any EA does not guarantee future results. Forex trading carries inherent risks, and losses can occur.
- Backtesting vs. Live Trading: Backtesting results, while useful for optimization, may not perfectly reflect live trading environments due to differences in market conditions, broker execution, and other factors.
- Drawdown: Some sources mention a historical drawdown for the EA, which is an important metric to consider for risk assessment.
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.
Important information!
For the first 2 weeks, trade on a demo account or a cent account (to choose the best trading conditions for yourself)
Install a trading advisor on a VPS
Real Account Profit Recorded every Friday (end of the trading week)
What’s in the package?
Experts:
- Black Wolf EA V2 MT5.ex5
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Disclaimer:
The EAs sold on our channel are not created by us.
We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.
Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.
All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.
EA updates are thus not automatic and not guaranteed.
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