IS Black EA MT4 – profitable grid robot for Gold
IS Black EA is an MT4 robot for trading Gold (XAUUSD) on M1 or M5. The EA uses a grid of orders, but at the same time has a low drawdown (no more than 2%) - this is what attracted my attention. In addition, one cannot fail to note its high profitability, which is demonstrated by the developer on MyFXBook, where the account growth was 322% in less than a week with a drawdown of 2%. And this “goose that lays golden eggs” is sold for only $380 (but here, as always, you can download it absolutely free).
Сharacteristics of the IS Black EA
Platform: Metatrader4
EA version: 1.0
Currency pairs: Gold (XAUUSD)
Trading Time: Around the clock (can be limited in settings)
Timeframe: M1-M5
Minimum deposit: $1000 (or 1000 USD cents, best conditions here ➔ ProCent)
Recommended broker: Roboforex, XM, Tickmill
Trading algorithm
IS Black EA uses a grid of orders and therefore is a potentially dangerous EA with a high risk of losing a deposit. Therefore, initially test it on a demo account within 1-2 weeks.
Real performance verified by MyFxBook
Real (USD)IS Black EA MT4 – profitable grid robot for Gold
Testing
Before you start using this Expert Advisor, you should understand that this is not a long-term tool and you need to constantly "keep your finger on the pulse". The collapse of your account can come the very next day. This is unlikely, but possible. For example, I never managed to get a stable backtest lasting more than six months. This must be taken into account.
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To achieve 99.9% of the modeling quality used TDS 2
As you can see from the test results, I was not able to get a low drawdown of 2%, as shown in the author's monitoring in MyFxBook. Which, of course, suggests the idea of the conscientiousness of the developer and the real performance of the Expert Advisor. In my tests, this parameter reaches more than 77%, which is very dangerous.