Black Belt EA

[Johnnykanoo]

Okay here is the next one I am testing. blackbelt ea. there is no affiliation on this one so I am in no way selling anyone but according to the developer there will be only 300 copies sold and that's it. I tend to believe him though. He seems like a "stand-up guy"

This robot trades eur/usd 30 minute chart and a lot of folks are comparing it to forex growth bot.


Pretty much all the info on there website

High frequency trader, NO grid, NO martingale

Works on M30 timeframe, EURUSD only. EURUSD is the most traded pair in the world so pattern prediction is more accurate.

It opens positions based only on price action only, so broker sensitivity is highly reduced.

It opens multiple positions in the market directions thus making hundreds of pips on a single session.

Volatility based Stop Loss and Take Profit.

Spread does not really matter, but it’s not recommended to use a broker with a spread higher than 2.

Works on all brokers, but it’s recommended to run it on a 5 digits broker, it’s more accurate.

No upsells, free lifetime support.

Trades all account types, you need only $500 to start trading.

Advanced money management system.

Full NFA and FIFO compliant.

Works for ECN and STP brokers.

It trades around the clock, during all trading sessions.

60 days money back guarantee.

Anyway the website is http://www.blackbeltea.com/

As usual I will keep you guys updated.
Thanks,
John

[seamonkey]

Are you testing it with Hotforex Currenex account?

[Johnnykanoo]

yes I am. I will post the account (widget) later this week. Supposedly this ea is similar to fgb but a lot more stable. It has decent backtests but I rely much more on forward tests.

I will certainly keep you posted.

[seamonkey]

Johnny, how did you get your Hotforex account, I just asked them on live chat if they take US clients and they said no. Aren't you in USA also?

Lynn (林恩) says:
Hello Ed. My name is Lynn (林恩) how can I help you?
Ed says:
do you accept USA based clients?
Lynn (林恩) says:
we don't
Ed says:
ok thanks

[Johnnykanoo]

I think I may be grandfathered in however since than I have opened accounts and what I noticed was when I sign up in the drop down menu for country there is no option for USA but there is one that says other. I selected that one and no problem.
So I think there official stance would be no US citizens but they also have a "don't ask don't tell policy" I'm just guessing but they did make it possible for us to get an account by selecting other.

Hope this helps

[Johnnykanoo]

black belt ea is to new for me to post February results but I will certainly keep you guys posted.

[Johnnykanoo]

10 total trades net pips -30 overall account loss of -.24%
42% win rate
risk:reward 1.79:1

Really to early to form any meaningful conclusions

[Johnnykanoo]

I'm hopeful about this ea. It hasn't performed great yet but testing is early. Just to let you guys know I am not an affiliate with them. I am testing anyway because if this ea turns out to be decent than I want you guys in on it.

[Johnnykanoo]

bbea is still down but not to much. I am keeping a close eye on this one. From what I understand this ea can have pretty nasty losing streaks only to recover all losses very quickly. Sort of similar to FGB which can have a string of losers only to hit a home run and come out ahead.

[Johnnykanoo]

[Johnnykanoo]

ends the month +2.51%

Congrats to bbea the only ea in my portfolio that had a postive April.
Very encouraging.

[Targos]

Looks ok, but I don't think it will hold up.

[Johnnykanoo]

right now bbea is down 1.77% overall. I'm not sure if this ea will be good in the long run. Only time will tell.

[advisor]

Originally Posted by Johnnykanoo

right now bbea is down 1.77% overall. I'm not sure if this ea will be good in the long run. Only time will tell.

see this is Your free EAs:)

[fxsatria]

Sir, can i ask free for this EA??
I need this to improve my trade in liteforex broker. I need money righ now..

[samuelp80]

I'm sure nothing free EA here, just looking for another forex forums to find it..
There are many good performance and free for us..

[fxlaurent]

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