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Black Method

Black Method Auto Trading
Expert Advisors
MetaTrader 4
Sales from
7/16/2024
Last Updated At
6/28/2024
Version
1.00
My Profile
kuromitu
  • Whole period
  • 2 years
  • 1 year
  • 6 months
  • 3 months
  • 1 month
Profit
574,853JPY
Profit Factor
1.17
Rate of return risk  ?
1.9
Average Profit
33,421JPY
Average Loss
-15,042JPY
Balance  ?
1,574,853JPY
Rate of return (all periods) ?
71.94%
Win Rate
34.44% (93/270)
Maximum Position  ?
1
Maximum Drawdown  ?
34.91% (302,504JPY)
Maximum Profit
59,970JPY
Maximum Loss
-22,080JPY
Recommended Margin  ?
799,114JPY
Unrealized P/L
0JPY
Deposit  ?
1,000,000JPY
Currency
JPY- Account
Operable Brokers
Usable with MT4-adopting brokers.

Forward testing (Profit)

Product Statistics
Product Comments

Monthly Statistics

2026
2025
2024
2023
2022
  • Jan
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec

Calendar for Months

About EA's Strategy

Translating...

Currency Pairs
[USD/JPY]
Trading Style
[Swing Trading]
Maximum Number Position
1
Maximum Lot
100
Chart Time Frame
M5
Maximum Stop Loss
50
Take Profit
110
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No

Thank you very much for your interest in this EA.



Have you ever had this experience?


After buying because you thought, "It will go up!"
You check the trading screen with anticipation.
 
What is displayed there is
a negative figure...
 
 
 
That's right.
 
It's the dreaded "unrealized loss.".
 
 
When you were convinced, "No, it will definitely go up,"
the disappointment when it later rises or falls is tough, isn't it?

 
 
"No, that's not true, it will come back someday..."
 
 
After enduring that thought for a long time,
you eventually can't take it anymore
and when you cut the inflated unrealized loss...
You might have had such an experience.
 
 
If you are
struggling with trend following, counter-trend trading, or unrealized losses,
then
"Black Method" is
exactly for you.


However, I want to say in advance
that in this world,
"high win rate × high return × low risk"
does not exist.


Please do not cross such a dangerous bridge.
Let's avoid crossing dangerous bridges.


It's not about "increasing all at once,"
but rather "steady operation over the long term.".

The "Black Method" was created with a focus on long-term operation.



"I don't want to take risks, but I want big returns, and if possible, I don't want to cut losses."

I understand how you feel,

but as I mentioned earlier, such things do not exist in this world.



But don't you think like this?

I can't find time while working as a salaryman,
I want to create time with my family,
I want to enjoy time for play and hobbies,
I want free time.



Once you acquire the skills to continue winning with discretionary trading...

What you did to improve your life and that of your loved ones...

And despite the efforts you put in over many years...

Things don't go well.

If that's not enough, the result of spending time and money.

It can be very painful..

That's why I thought about wanting to live a life with more time and money.



I can't explain this logic in detail, but it can adapt to the market because it incorporates logic that you already know.

"Black Method" is a fully automated EA.
Note: Positions are only for buying.


Description
Magic Number: 16798512
Initial Lot: 0.3
These two can be changed.

Please ensure that the magic number does not overlap with other EAs if there are any running.

The initial lot is set to 0.3.
However, if you are anxious at first, I recommend starting with the minimum lot of 0.01.

If you use a lot of 0.01,
you can trade with a margin of 30,000 yen.

About Risk Management
The initial lot is set so that the maximum drawdown is about 1/5 of the initial margin.


Why are there only two things to explain?
There are few settings, so even beginners can easily start.

However, you might feel anxious.

I want you to spend time on other things,
so I have done it this way.

Please look at the backtest images and consider.

How can the margin increase...

Even if you raise the win rate, if you engage in "steady but explosive" trading, everything will go down the drain.

Therefore, to avoid that, I created it thinking about how much can be increased with a single win rather than focusing on the win rate.


Finally
Once the margin increases, feel free to manage your funds as you like.
The recommendation is"USD/JPY". However, it will also operate with other currency pairs, so please make your own judgment as it is not recommended.
The recommended time frame is"5-minute chart". However, it will also operate with other time frames, so please make your own judgment as it is not recommended.
This product does not guarantee profits. Please make investment and speculation decisions at your own risk.

Caution
If we find copies or resales of this product, we will take appropriate action regardless of the reason, so please refrain from any careless actions.


For instructions on how to use MT4 and how to install the EA, please refer to GogoJungle's support.
https://www.gogojungle.co.jp/post/1/8212

¥2,000 coupon available.
The coupon will expire in 2 days.
×
Sales from :  07/16/2024 04:34
Purchased :  0 times

Price: $153.32 (taxed)

¥24,800(taxed)

Provider/Distributor:
Sales site:

Payment

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Forward Test
Back Test

Sales from :  07/16/2024 04:34
Purchased :  0 times

Price: $153.32 (taxed)

¥24,800(taxed)

Provider/Distributor:
Sales site:

Payment

Master VISA JCB
About Forex Automated Trading
Forex Automated Trading refers to trading that is automated through programming, incorporating predetermined trading and settlement rules. There are various methods to conduct automated trading, but at GogoJungle, we deal with Experts Advisors (hereinafter referred to as EA) that operate on a trading platform called MT4.
There are various types of EAs (Expert Advisors) for different trading types that can be used on MT4.
Just like discretionary trading, there are those that decide trading and settlement timings by combining indicators, those that repeatedly buy or sell at certain price (pips) intervals, and trading methods that utilize market anomalies or temporal features. The variety is as rich as the methods in discretionary trading.

To categorize simply,
・Scalping (Type where trades are completed within a few minutes to a few hours),
・Day Trading (Type where trades are completed within several hours to about a day),
・Swing Trading (Type where trades are conducted over a relatively long period of about 1 day to 1 week)
・Grid/Martingale Trading (Holding multiple positions at equal or unequal intervals and settling all once a profit is made. Those that gradually increase the lot number are called Martingale.)
・Anomaly EA (Mid-price trading, early morning scalping)

When engaging in Forex, there are risks in automated trading just as there are in discretionary trading.
However, a substantial advantage of automated trading is its ability to limit and predict risks beforehand.

[Risk]
Inherent to forex trading are the trading risks that undeniably exist in automated trading as well.
・Lot Size Risk
Increasing the lot size forcibly due to a high winning rate can, in rare instances, depending on the EA, lead to substantial Pips loss when a loss occurs. It is crucial to verify the SL Pips and the number of positions held before operating with an appropriate lot.

・Rapid Market Fluctuation Risk
There are instances where market prices fluctuate rapidly due to index announcements or unforeseen news. System trading does not account for such unpredictable market movements, rendering it incapable of making decisions on whether to settle in advance or abstain from trading. As a countermeasure, utilizing tools that halt the EA based on indicator announcements or the VIX (fear index) is also possible.

[Benefits]
・Operates 24 hours a day
If there is an opportunity, system trading will execute trades on your behalf consistently. It proves to be an extremely convenient tool for those unable to allocate time to trading.

・Trades dispassionately without being swayed by emotions
There is an absence of self-serving rule modifications, a common human tendency, such as increasing the lot size after consecutive losses in discretionary trading or, conversely, hastily securing profits with minimal gains.

・Accessible for beginners
To engage in Forex trading, there is no prerequisite to study; anyone using system trading will achieve the same results.


[Disadvantages]
・Cannot increase trading frequency at will
Since system trading operates based on pre-programmed conditions, depending on the type of EA, it might only execute trades a few times a month.

・Suitability may vary with market conditions
Depending on the trading type of the EA, there are periods more suited to trend trading and periods more suited to contrarian trading, making consistent results across all periods unlikely. While the previous year might have yielded good results, this year's performance might not be as promising, necessitating some level of discretion in determining whether it is an opportune time to operate.
The requirements for operating automated trading (EA) on MT4 are as follows:
・MT4 (MetaTrader 4. An account needs to be opened with a Forex company that offers MT4.)
・EA (A program for automated trading)
・The operating deposit required to run the EA
・A PC that can run 24 hours or a VPS (Virtual Private Server), where a virtual PC is hosted on a cloud server to run MT4.
If you open an account with a forex broker that supports MT4, you can use MT4 as provided by that forex broker. MT4 is a stand-alone type of software that needs to be installed on your computer, so you download the program file from the website of the FX company where you opened the account and install it on your computer.

Additionally, there are both demo and real accounts available. You can experience trading with virtual money by applying for a demo account. After opening a real account, you select the connection server assigned by the Forex broker, enter the password, and log in to the account.
When you deposit money into your account using the method specified by the forex broker, the funds will be reflected in your MT4 account, and you can trade.
To set up an EA when you purchase it through GogoJungle, follow the steps below:
Firstly, download the purchased EA file from your My Page on GogoJungle. You will download a zip (compressed) file, so right-click to extract it and retrieve the file named ‘◯◯◯ (EA name)_A19GAw09 (any 8 alphanumeric characters).ex4’ from inside.

Next, launch MT4 and navigate to ‘File’ → ‘Open Data Folder’ → ‘MQL4’ → ‘Experts’ folder, and place the ex4 file inside. Once done, close MT4 and restart it. Then, go to the upper menu ‘Tools’ → ‘Options’, and under ‘Expert Advisors’, ensure ‘Allow automated trading’ and ‘Allow DLL imports’ are checked, then press OK to close.

The necessary currency pair and time frame for the correct operation of the EA are specified on the EA sales page. Refer to this information and open the chart of the correct currency pair time frame (e.g., USDJPY5M for a USD/Yen 5-minute chart).

Within the menu navigator, under ‘Expert Advisors’, you will find the EA file name you placed earlier. Click to select it, then drag & drop it directly onto the chart to load the EA. Alternatively, you can double-click the EA name to load it onto the selected chart.

If ‘Authentication Success’ appears in the upper left of the chart, the authentication has been successful. To operate the EA, you need to keep your PC running 24 hours. Therefore, either disable the automatic sleep function or host MT4 on a VPS and operate the EA.
EAs from GogoJungle can be used with one real account and one demo account per EA.
If you want to use it with an account other than the authenticated one, you need to reset the registered account.

To reset the account, close the MT4 where the Web authentication is registered, then go to My Page on GogoJungle > Use > Digital Contents > the relevant EA > press the ‘Reset’ button for the registration number, and the registered account will be released.

When the account is in a reset state, using the EA with another MT4 account will register a new account.
Also, you can reset the account an unlimited number of times.
If you encounter an error with Web authentication, or if the EA is trading on GogoJungle's forward performance page but not on your own account, there could be various reasons. For more details, please refer to the following link:
 → Items to Check When EA is Not Operating
In Forex trading, the size of a lot is usually:

1 lot = 100,000 currency units
0.1 lot = 10,000 currency units
0.01 lot = 1,000 currency units

For USD/JPY, 1 lot would mean holding 100,000 dollars.
The margin required to hold lots is determined by the leverage set by the Forex broker.
If the leverage is 25 times, the margin required to hold 10,000 currency units of USD/JPY would be:
10000*109 (※ at a rate of 109 yen per dollar) ÷ 25 = 43,600 yen.
・Profit Factor: Total Profit ÷ Total Loss
・Risk-Return Ratio: Total Profit and Loss during the period ÷ Maximum Drawdown
・Maximum Drawdown: The largest unrealized loss during the operation period
・Maximum Position Number: This is the maximum number of positions that the EA can theoretically hold at the same time
・TP (Take Profit): The set profit-taking Pips (or specified amount, etc.) in the EA's settings
・SL (Stop Loss): The set maximum loss pips (or specified amount, etc.) in the EA's settings
・Trailing Stop: Instead of settling at a specified Pips, once a certain profit is made, the settlement SL is raised at a certain interval (towards the profit), maximizing the profit. It is a method of settlement.
・Risk-Reward Ratio (Payoff Ratio): Average Profit ÷ Average Loss
・Hedging: Holding both buy and sell positions simultaneously (Some FX companies also have types where hedging is not allowed)