The BlackBird EA emerges as an innovative Expert Advisor (EA) devised for forex trading, aiming to provide unparalleled performance and steadfastness. It caters specifically to traders aspiring to conquer the rigorous FTMO challenge and refine their trading methodologies. Through its most recent iteration, version 1.20, the EA has undergone extensive enhancements, further cementing its standing as a top-tier trading tool in the market.
Key Enhancements in Version 1.20:
- Enhanced Stability: Significantly bolstered stability ensures a more dependable trading experience for users.
- Breakeven Functions: New functionalities enable the robot to target closing the day at breakeven, optimizing risk management.
- Updated Timer: Refined timer functionality for improved performance.
- Enhanced Basic Logic: Core algorithms of the BlackBird EA have been upgraded to facilitate better decision-making and efficiency.
Performance and Results
Testing Period: October 23, 2023, to November 15, 2023
- Account Size: $200,000.00
- Account Type: Swing
- Platform: MT4 (Downloadable)
- Test Summary:
- Minimum 4 Trading Days: Passed with 16 trading days.
- Max Daily Loss: Successfully remained within the -$10,000 limit.
- Max Loss: Maintained well below the -$20,000 threshold.
- Profit Target: Achieved and surpassed with earnings of $20,196.99.
Notable Features
Risk Assessment: Enhanced risk assessment capabilities enable the EA to close the day with profits, even if they fall below specified targets.
Optimized Settings: Updated settings improve modes and daily goals, tailored to various market conditions.
Backtest Results: In September’s backtest, the BlackBird EA demonstrated a 100% win rate by day, achieving the target at 0.5% during London sessions.
Conclusion
The BlackBird EA transcends being merely an EA; it presents a comprehensive solution for dedicated forex traders. While September’s results were notably robust, it’s important to acknowledge that such performance might vary. Nonetheless, the consistent stability and intelligent risk management strategies of the BlackBird EA make it a valuable asset for traders aiming to conquer the forex market, particularly in challenging scenarios like the FTMO challenge. With its latest updates, the BlackBird EA is positioned to establish new benchmarks in automated forex trading.