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(RQ) Black Panther

Knez

Member
If anyone come across to this EA tomorrow, please share it:

Code:
http://www.forex-blackpanther.com/

Regards,
Knez.
 

radicaltour

Moderator
VIP Member
the link above is dead now.
Please use this one instead:
Code:
http://www.multiupload.com/SE7E5ZQ8VP

People have tested this EA and say it doesn't live up to the expectation at all. It even contains code that optimizes itself for backtesting so that it fools you into thinking that it's profitable for 2008 and 2009. :-(
 

radicaltour

Moderator
VIP Member
hi strmac,
have you been able to run it on demo for a month? If you have a little time please let us know what kind of max drawdown % you've seen and also the typical win vs. loss %.

Thank you much.
 

strmac

Member
hi strmac,
have you been able to run it on demo for a month? If you have a little time please let us know what kind of max drawdown % you've seen and also the typical win vs. loss %.

Thank you much.

As you see my SL is 75 pips, drowdawns depens of MM, you have 3 options - 1. smart money menagement - bigger profit and bigger losses
2. percent risk
3. fixed lots - you choose how big drowdawn will be

I use 1st option and I'm satisfied, win ratio is about 3:1, till now It's one of the best EA performing on my live acc.
 
As you see my SL is 75 pips, drowdawns depens of MM, you have 3 options - 1. smart money menagement - bigger profit and bigger losses
2. percent risk
3. fixed lots - you choose how big drowdawn will be

I use 1st option and I'm satisfied, win ratio is about 3:1, till now It's one of the best EA performing on my live acc.

I found another forum is set.

USD/CAD sl= 200 tp= 50 ts= 25 lots= 0.03
AUD/USD sl= 200 tp= 40 ts= 20 lots= 0.03
GBP/JPY sl= 200 tp= 40 ts= 20 lots= 0.10
GBP/USD sl= 200 tp= 50 ts= 25 lots= 0.10

What is a problem in SL is 75 pips?
 

strmac

Member
I'm not programmer but I study Black Panther behaviour and this EA working with patterns, sometimes when I want to enter trade BP do it before me because on MT4 platform not exist one click execution. Like I said win ratio is about 3:1. with my set 16. May at 23:42 (GMT) BP entry sell at 1.4489 and exit on 1.4329. If I know math this is 160 pips and cover more then two losses. How many pips can you get with GBP/USD sl= 200 tp= 50 ts= 25 lots= 0.10 ???? I trade EURUSD and GBPUSD only and I find this set profitable - SL 75 and trading only GBPUSD. GBPUSD is volatile pair and why set 50 pips profit, I set 250 pips and let profit run. almost all BP winners are bigger then 100 pips
 
For now, the test:)

USD/CAD sl= 200 tp= 50 ts= 25 lots= 0.03
AUD/USD sl= 200 tp= 40 ts= 20 lots= 0.03
GBP/JPY sl= 200 tp= 40 ts= 20 lots= 0.10
GBP/USD sl= 200 tp= 50 ts= 25 lots= 0.10

 

strmac

Member
Now I see that Black Panther and Forex Maximizer have same strategy. Like 16. May, now both open trades in the same time 18. May, 7:22 GMT. GBPUSD long BP at 1.4499 and Forex Maximizer 1.4501. On 16.May Forex Maximizer get 136 pips, Black Panther Get 160 pips. We'll see what will happen now. This is live trading on Forex Metal broker.
 

strmac

Member
Now I see that Black Panther and Forex Maximizer have same strategy. Like 16. May, now both open trades in the same time 18. May, 7:22 GMT. GBPUSD long BP at 1.4499 and Forex Maximizer 1.4501. On 16.May Forex Maximizer get 136 pips, Black Panther Get 160 pips. We'll see what will happen now. This is live trading on Forex Metal broker.

This two trades was loss Black Panther - 71 pips at 17:05, Maximizer -98 pips at 17:16.
On 15:22 Maximizer open sell at 1.4405 and take 30 pips profit.
On 17:16 Black Panther open sell at 1.4402, now in 19:18 TS is on 1.4379. We'll see what happening next.
 

strmac

Member
This two trades was loss Black Panther - 71 pips at 17:05, Maximizer -98 pips at 17:16.
On 15:22 Maximizer open sell at 1.4405 and take 30 pips profit.
On 17:16 Black Panther open sell at 1.4402, now in 19:18 TS is on 1.4379. We'll see what happening next.
Black Panther take 102 pips!!
 

strmac

Member
How many days so far any body was testing such expert?
I run Black Panther on GBPUSD from 30. April on live account Forex Metal with set: SL-75, TP-250, TS-70, Risk Factor - 0.20 and this is results:
+57 -84
+64 -70
+5 -71
+87 ___
+64 -225
+20
+27
+96
+67
+99
+160
+102
_____
+852
 

strmac

Member
anyone can educated the latest .ex4 version 1.02 inside the .exe please ?
 

radicaltour

Moderator
VIP Member
sorry strmac,
the EA is using some new encryption method and so people are still trying to figure out how to break it. It'll be soon, but just not now. :-(
 

egawab

Member
Thanks for info , that over 600 pips , can you tell us what time frame do you use

And if I am not asking too much , can you attach a screen shot for the history orders as to see what level does it catch the trades to evaluate how stable its strategy

Regards
 

radicaltour

Moderator
VIP Member
I run Black Panther on GBPUSD from 30. April on live account Forex Metal with set: SL-75, TP-250, TS-70, Risk Factor - 0.20 and this is results:
+57 -84
+64 -70
+5 -71
+87 ___
+64 -225
+20
+27
+96
+67
+99
+160
+102
_____
+852

by the way strmac, what do you think about trading GBPJPY? One would think SL-100 and TP-250 is good for GBPJPY?

Thank you very much.
 

strmac

Member
by the way strmac, what do you think about trading GBPJPY? One would think SL-100 and TP-250 is good for GBPJPY?

Thank you very much.

Truly, I don't know any EA which are successful with GBPJPY pair. It's too unpredictable, good for scalping but I never didn't try trade this pair except 5min timeframe.
 

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