Market / MetaTrader 5 / Experts /

BlackMamba EA MT5

500 USD

Demo downloaded: 24

Published: 15 August 2023

Current version: 1.8

BlackMamba EA MT5

Experts
Piyadigamage Suraj De Silva
Version: 1.8
Updated: 1 October 2023
Activations: 5

Introducing BlackMamba EA Robot for MT5

Elevate your trading experience with the meticulously crafted BlackMamba EA for MetaTrader 5. Developed and refined through rigorous testing, BlackMamba EA is optimized for EURUSD trading, catering to discerning traders who seek precision and efficiency.

Key Features:

Advanced Trading Strategy: BlackMamba EA employs a sophisticated strategy based on Custom-built indicator and stochastic etc. This strategy is meticulously designed to extract maximum gains from forex market's unique dynamics.
Advanced Risk Management : Control orders per X hours or per day and set max positions. The option can be enabled to pause EA for 06 hours when EA detects high volatility in the market. Further, when the news feature is enabled, if there are significant news events within a specified time range, EA can be set to determine whether it's a suitable time to trade based on the volatility associated with those events. If significant events are detected (Importance of 2 or more, it will pause trading to avoid potential market risks. Provision to enable this feature and set hours to pause trading is included in settings.
Enhanced Trading Filters: Safeguard your trades with precision using our array of filters. BlackMamba EA includes risk management settings such as order controls, position controls, risk percentage, TP and SP, Manual trailing, ATR based trailing, and advance trading schedule. Provision to manage signal settings available for advance users or simply use deafult optimized settings out of the box.
User-Friendly Interface: BlackMamba EA empowers traders with an intuitive interface that display details on the panel and chart with feature to enable or disable it. This function is a valuable asset for manual trading, enhancing your decision-making process.
Customizable Parameters: Tailor the EA's behavior to match your trading preferences. Every parameter, from trade settings to function activation, is fully adjustable within the EA's parameters. We value your input and continuously refine the EA based on customer suggestions, ensuring a cutting-edge solution.
Access to Updates: As part of our commitment to excellence, all updates for BlackMamba EA are provided to you free of charge during active subscription. Simply access and download new files from your MT5 platform, staying ahead of the curve with the latest advancements.

How to Get Started: Plug and Play, Only change Lot Size according to your deposit.

Easy Activation: Enable AutoTrading (MT5->Tools->Options->Expert Advisors->Allow automated trading. , Add BlackMamba EA to a H1 chart with EURUSD pair. It is optimized for this pair and more pairs will be added in subsequent updates. It's highly recommended to use the default input settings without any changes to get optimal results.
Optimal Broker Selection: Recommended deposit of $500 or above, leverage set to 1:500. Lot Size 0.2. For seamless 24/7 operation, consider running BlackMamba EA on a VPS. Prior to live trading, thoroughly test the EA on a demo account especially if you want to change expert input parameters.
Post Purchase Support : All support requests can be submitted via MQL5 private messages.

BlackMamba EA Recommended Parameters:

Timeframe: H1
Platform: MetaTrader 5
Recommended Deposit: $500+
Leverage: 1:500
Optimized Pair: EURUSD
Max Open Positions 04

Backtest results provided here is using real tick.

We are dedicated to ongoing development and welcome your suggestions for further enhancements.

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Version 1.8 2023.10.01

SL updated
Algo improved

Version 1.7 2023.09.07

Comments Field Removed
Improve Performance

Version 1.6 2023.09.01

+ Trading Optimized
+ Input Labels Updated

Version 1.5 2023.08.31

New Features Added
+ Volatility Management Added
+ Set Max Orders by hour
+ Set Max Orders by Day
+ Close all positions when TP achieved
+ Pause EA when volatility detected

Version 1.4 2023.08.22

Traders can now set Max Open Positions (Useful for small deposits less than 500$)
Trading Optimized

Version 1.3 2023.08.22

Feature to limit Max Open Positions added. Useful for small deposits of less than 500$

Version 1.2 2023.08.16

Added Option to Enable or Disable News Filtering
Input labels updated

Version 1.1 2023.08.15

Added additional filters for short trades