Black Bot

Overview of Black Bot

• Black Bot is designed specifically for the EURUSD trading pair.
• It operates on the M15 timeframe.
• This robot requires only two input parameters, making it user-friendly for traders of all levels.
• It is optimized for accounts with a minimum deposit of $100 and leverage of 1:100 or higher.
• The bot aims to maximize profits while minimizing risks, utilizing aggressive or conservative strategies depending on user settings. 🎯

Performance Metrics

• Black Bot achieved a net profit of 259.72 from an initial deposit of 1,000.00.
• It boasts an impressive profit factor of 3.04.
• Success rate stands at 62.07% for short trades and 74.19% for long trades.
• The maximum consecutive profit recorded was $137.49, while the maximum consecutive loss was only -$44.97.
• Peak trading activity occurs during the Asia and USA market hours, particularly on Wednesdays and Thursdays. 🚀

Input Parameters

• Magic Number identifies the EA.
• Profit to close (%) allows setting profit percentage based on balance.
• General Stop Loss (as a percentage) dictates the maximum risk per trade cycle.

User Experience

• Feedback has noted that the new version of Black Bot may not perform as well across multiple instruments compared to previous iterations.
• Users expressed disappointment when the bot did not open any positions for a period after recent updates.
• There are requests for documentation and manuals to improve understanding and usage of the bot. 📈