IS Black FREE Forex Robot is an automated forex robot that trades Gold(XAUUSD). It’s usually being sold for 380$. IS Black EA MT4 works with XAUUSD and is capable of making large profits with relatively low risk(you can decide its low risk or not considering it uses the grid method).
Yes, it sounds cool, and besides, the developer of the adviser boasts of monitoring his real account on myfxbook, where the results are really impressive, showing 193% of account growth in almost one week with a max DrawDown of 2% using a 6000$ deposit. Keep in mind it can go 1-5 days without trading.
Please test in a demo account first for at least a week. Also, Make yourself familiar with and understand how IS Black EA MT4 works, then only use it in a real account.
Recommendations for this FREE Forex Robot
- Work Only on GOLD (XAUUSD)
- Work best on M1 or M5 TimeFrames (M1 TimeFrame for Very aggressive trading)
- Minimum standard account balance of 2000$ or equivalent cent account.
- You may need to look out for volatile markets and close trades.
- For best performance this IS Black FREE Forex Robot should be online 24 hours, Recommend using a VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread ECN account is also recommended (Find the Perfect Broker For You Here)
Whats the original EA? Full name or a website?
Very interesting EA, although I stick to my EA for gold which passed FTMO,it really makes very nice results
Would you tell us what is that EA and where you get it
what settings and timeframe did you use buddy,im also just started
hi I too use golden owl I have some doubts about which time frame I have to use and what session I have to turn it on /off this is my telegram id kindly dm me thank you @ameliaashaj
hola pudiste arreglar tu ea encontraste la configuracion
Is this EA read history ?
backtest not work
I have the same problem. Backtest not working.
Oh man, thanks for sharing this EA!! This is the very best one, I’ve tried many, but this one is far better! I truly thank you! I’ve been running it on a Demo account, M1 and it makes crazy winnings !!! I started 2 days ago with $10,000 USD and now I am at $16,000 USD !! Just for two days. It makes a lot of quick trades and the DD is very impresively low!! God Bless you Admin! You’ll make me rich overnight !!!
Never mind! Unfortunately this is not a stable EA. Although it doubled my account for less than a week, it also blew up my Demo account today… I was so happy, but in veil… I’m going back testing other EAs…
clear your history and re download…
what TF you are using ?
How do I plug this EA on my MT5 account in my phone?
Thanks to Admin for sharing this EA, I’ve been running 4 months with this EA into live account and the result was amazed me. I use on 5 minutes timeframe with big optimization setting.
Could you please please please post your parameters? And what leverage are you on?
I would suggest to use an stoploss percentage ! Use 3% max form your account with 200 USD and then later review this setting depending on the profits and stopouts you get. If you use a 0 stoploss, then DD can get up to trash your account.