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Name: BlackMamba EA MT5
Version: Latest version
Developer by: Piyadigamage Suraj De Silva
The Right Platform: Meta Trader 5 (MT5)
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BlackMamba EA MT5 is a sophisticated Expert Advisor (EA) designed for the MetaTrader 5 platform, optimized for trading the EURUSD currency pair. Developed through rigorous testing, BlackMamba EA combines advanced trading strategies based on custom-built indicators and stochastic oscillators to maximize gains from the unique dynamics of the Forex market. This EA targets professional and discerning traders who demand precision, efficiency, and comprehensive risk management in automated trading.
Advanced Trading Strategy: Utilizes custom indicators combined with stochastic oscillators to identify optimal trading opportunities, enhancing profitability on EURUSD.
Smart Risk Management: Allows control of order frequency by hour or day, limits maximum open positions, and includes an automatic 6-hour trading pause during high volatility or significant news events (importance level 2 or above).
Enhanced Trading Filters: Offers detailed risk controls such as order and position limits, risk percentage settings, take profit (TP) and stop loss (SL), manual and ATR-based trailing stops, plus an intelligent trading schedule.
User-Friendly Interface: Displays EA status and settings on an interactive panel and chart, with easy toggle options, supporting manual traders alongside automated operations.
Fully Customizable Parameters: Provides extensive options to tailor every aspect of the strategy and functionality to fit individual trading styles and preferences.
Free Updates: Commits to delivering all future updates free during active subscription periods, ensuring users always have access to the latest advancements.
Built on Extensive Research and Rigorous Testing, ensuring high performance and stability in live trading environments.
Sophisticated Trading and Risk Management Strategies, balancing profit potential with capital protection effectively.
Highly Flexible with Comprehensive Customization, adaptable to diverse trading styles and personal requirements.
Dedicated User Support with an Intuitive Interface and Continuous Updates, optimizing user experience and maintaining competitive edge.
Smart Trading Pause Feature During Major Volatility or News Events, minimizing unwanted risks and safeguarding trading accounts.
The BlackMamba EA MT5 showcases exceptional trading performance with outstanding accuracy and consistent profitability over the test period from January 1st to October 22nd. Starting with an initial deposit of $1,000, the EA generated a remarkable total net profit of $12,497.24.
The backtest achieved a perfect win rate of 100% on long trades (77 trades) and an impressive 99.06% win rate on short trades (106 trades), reflecting the EA’s high precision in trade execution. The profit factor stands at a very strong 13.50, underscoring the system’s ability to deliver substantial returns relative to losses.
Maximum balance drawdown was 19.53% ($999.39), with an equity drawdown of 34.49% ($2,709), indicating some risk exposure but balanced by a high recovery factor of 4.61 and a Sharpe ratio of 7.27, which suggest efficient risk-adjusted performance.
Backtest Summary (BlackMamba EA MT5 – Jan 1 to Oct 22)
Initial Deposit: $1,000
Total Net Profit: $12,497.24
Profit Factor: 13.50
Win Rate (Long Trades): 100% (77 trades)
Win Rate (Short Trades): 99.06% (106 trades)
Maximum Balance Drawdown: 19.53% ($999.39)
Name | Fit |
---|---|
Trading platform | Meta Trader 5 (MT5) |
Time frames | H1 |
Currency pairs | EURUSD |
Min / Recommended deposit | $500+ |
Min / Recommended leverage | 1:500 |
VPS | Optional, for uninterrupted advisor operation. |
🤗WISH YOU SUCCESSFUL TRADING🤗