Black Wolf EA v2.3 MT4 By Mehran is an Expert Advisor specifically designed for trend-following strategies on the MetaTrader 4 (MT4) platform. It initiates a cycle of buy or sell orders based on the signals from its built-in trend indicator, following a “Trend Follow” approach. Developed by Mike Pascal Plavonil, this EA seeks to capitalize on market momentum by opening trades in alignment with prevailing market trends.

Key Takeaways

• Strategy: Black Wolf EA uses a grid trading strategy to capitalize on short-term price swings, ideal for volatile markets and drawdown recovery.
• Risk Management: Adjustable stop-loss and take-profit levels offer customizable protection, with default settings providing a balanced risk-reward ratio.
• Execution: The EA automates trading with advanced algorithms, managing up to five trades at once for diversification and balanced market exposure.

Black Wolf EA Features

• Platform: MetaTrader 4 (MT4)
• Recommended Pairs: EURUSD, GBPUSD, EURAUD, AUDJPY, GBPAUD, CADJPY
• Time Frame: M15 (15 Minutes)
• Recommended Deposit: $1,000 or 1,000 cents

Strategy Overview

Black Wolf EA V2.3 operates based on a trend-following strategy. Here’s how it works:

• Trend Detection: The EA uses a built-in indicator to identify the current market trend.
• Trade Execution: Depending on the trend, the EA initiates a cycle of buy or sell orders.
• Risk Management: Utilizes stop-loss and take-profit settings to manage risk effectively.
• Trailing Stop: Adjusts the stop-loss level as the trade moves in your favor to lock in profits.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

What’s in the package?

Experts:

• Black Wolf EA v2.3 MT4.ex4

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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.