Black Scorpion EA MT4 (Unlimited)
Original price was: $199.00.$39.00Current price is: $39.00.
Black Scorpion EA stands as a testament to the power of automated trading in the forex market. With its advanced features, dynamic risk management, and consistent profitability, this EA offers traders a tool to enhance their trading strategies.
Frequently bought together
Frequently bought together
What is EA Black Scorpion?
Black Scorpion EA is a trading robot designed for the MetaTrader 4 (MT4) platform, one of the most popular platforms used by retail forex traders. EAs automate trading strategies, allowing users to execute trades based on predefined criteria without manual intervention.
- Vendor website: Click here
About the author
This product is compiled by Ruslan Pishun. This Russia author has more than +9 years of experience working on MQL5 with many famous products such as Black Scorpion EA, EA Rx Five MT4 and others. Among them, EA Black Scorpion is his best performing product.
EA Black Scorpion MT4 Features
1. Main features:
- Breakout strategy: Uses a breakout-based strategy, one of the most popular and commonly used strategies in forex trading.
- Three types of trend breakouts: Uses three types of trend breakouts (support and resistance breakouts, downtrend breakouts, uptrend breakouts).
- Risk management: Uses very small Stop loss (SL) orders to protect the account from drawdown risks and uses an adaptive trailing stop algorithm.
- Effective capital management: Uses a system for closing orders in case of slippage.
- Statistics collection: Contains a statistics collection algorithm with output on the dashboard.
2. Additional features:
- User interface: Intuitive user interface with easy-to-understand parameters and settings.
- Parameter customization: Allows users to customize parameters such as stop loss orders, take profit orders, trailing stops, risk management, etc.
- Multi-account support: Can be used on multiple trading accounts with separate settings.
- Compatible with multiple brokers: Compatible with multiple brokers.
Black Scorpion EA MT4 Reviews
Ensure reviews are from credible sources or users with verified trading results. Look for detailed performance metrics like drawdown, profit factor, and win rate.
1. Black Scorpion EA Results:
The real trading performance of EA Black Scorpion is impressively profitable and low-risk. The advisor does not use potentially risky features such as Martingale and Grid, which keeps the account safe in volatile market conditions.
- Signal Myfxbook: Click here
EA Black Scorpion Myfxbook
EA Black Scorpion Results
1. Black Scorpion EA Backtest:
The trading results of the Black Scorpion EA are impressive, with a total profit of $1.46 million achieved from a starting capital of $100 over the period 2017-2020. The risk level remained consistently low at 2.93% throughout the testing period, demonstrating the advisor’s potential for long-term profitability.
Key performance metrics:
- Total profit: $1.46 million
- Starting capital: $100
- Testing period: 2017-2020
- Maximum drawdown: 2.93%
EA Black Scorpion Backtest
EA Black Scorpion MT4 Backtest
3. User Reviews:
With impressive real-life trading results, along with good performance and high safety tests, the advisor is well-regarded by professional traders and users. Positive reviews on the MQL5 investor community show the long-term potential of Black Scorpion automated trading.
EA Black Scorpion MT4 Review
Trading Specifications
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Minimum / Recommended deposit | $100 |
| Time frames | M30, H1 |
| Currency pairs | XAUUSD (Gold), EURUSD, USDJPY, GBPUSD |
| Product type | NoDLL / Unlimited / Unlocked |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, HTFX Broker |
| Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
>>> Reviewed by David Easton
What’s in the package?
The download package of the product suite includes:
- Experts: EA Black Scorpion_fix.ex4
Conclusion
Black Scorpion EA stands as a testament to the power of automated trading in the forex market. With its advanced features, dynamic risk management, and consistent profitability, this EA offers traders a tool to enhance their trading strategies. Whether you are a seasoned trader or just starting, the precision and adaptability of Black Scorpion make it a noteworthy addition to the arsenal of automated trading solutions.
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User Reviews
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FAQs
1. What is EA Black Scorpion and how does it work?
EA Black Scorpion is an automated trading robot designed for the MetaTrader 4 (MT4) platform. It uses a breakout strategy to identify potential entry and exit points in the market, without requiring manual intervention.
2. What are the key features of EA Black Scorpion?
Key features include:
Breakout strategy
Three types of trend breakouts
Risk management with small stop-loss orders and adaptive trailing stop
Effective capital management
Statistics collection
User-friendly interface
Customizable parameters
Multi-account and multi-broker compatibility
3. What are the recommended settings for EA Black Scorpion?
The recommended settings and parameters can vary depending on market conditions and individual preferences. It's advisable to consult the developer's guidelines and community forums for the most up-to-date recommendations.
4. Is EA Black Scorpion suitable for beginners?
While EA Black Scorpion can be used by beginners, it's essential to understand the underlying trading strategy and risk management principles. It's recommended to start with a demo account to gain experience and confidence before using it on a live account.
5. What is the minimum deposit required to use EA Black Scorpion?
The minimum deposit is $100, but it's recommended to start with a larger deposit to maximize the potential profits and minimize the impact of drawdowns.
6. What are the compatible currency pairs for EA Black Scorpion?
The EA is compatible with multiple currency pairs, including XAUUSD (Gold), EURUSD, USDJPY, and GBPUSD.
7. Does EA Black Scorpion require a VPS?
While not strictly necessary, using a VPS (Virtual Private Server) is recommended to ensure uninterrupted operation of the EA, especially for traders who are not always online.
8. What is the historical performance of EA Black Scorpion?
The EA has demonstrated impressive historical performance, with a significant profit and low-risk profile. However, past performance is not indicative of future results.
Original price was: $199.00.$39.00Current price is: $39.00.
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