Introduction

BlackBox EA V2.01 is an automated trading system developed for the MetaTrader 5 (MT5) platform. It is designed to analyze market conditions and execute trades automatically using a combination of trend, momentum, and volatility-based logic. The EA aims to provide consistent trading performance while reducing manual effort.

Key Features

Fully automated trading system
Multi-condition trading logic (trend + momentum + volatility)
Built-in stop loss and take profit
Smart trade entry filtering
Fast execution engine
Works on major forex pairs and indices
Preset (.set) file support
Customizable lot size and risk settings
24/7 market monitoring

Recommended Settings

Timeframe: M15 or M30
Pairs: Major forex pairs (EURUSD, GBPUSD) or Gold
Lot size: 0.01 per $100 (low risk)
Risk level: Conservative for stable performance
Use preset file for optimized setup
Run on VPS for uninterrupted trading

Backtest Result

Shows steady growth in optimized conditions
Moderate to high drawdown depending on risk settings
Performance depends on:
- data quality
- spread and execution
Backtest results may differ from live trading

Advantages

Fully automated and time-saving
Emotion-free trading
Uses multiple filters for better accuracy
Flexible risk management
Beginner-friendly setup
Works continuously without manual monitoring

Disadvantages

Performance depends on market conditions
Requires stable internet or VPS
Broker conditions affect results
Not fully transparent strategy
Possible drawdowns during volatility
Needs monitoring and adjustment over time

Installation & Setup Guide

Download EA (.ex5) and preset (.set) files
Open MT5 → File → Open Data Folder
Go to MQL5 → Experts → paste EA file
Paste preset file in Presets/Files folder
Restart MT5
Open chart (recommended pair & timeframe)
Drag EA onto chart
Enable Algo Trading
Load preset in Inputs tab
Adjust lot size if needed
Allow DLL imports (if required)
Start and monitor.

Support & Disclaimer

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

WhatsApp: Click here

Telegram Group: Join our community

Disclaimer:

Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.