BlackBird Prop Firm EA MT4 with Setfiles

What is BlackBird Prop Firm EA MT4?

BlackBird Prop Firm EA MT4 combines advanced hedging strategies with smart scalping algorithms to automate forex trading for precision and consistency. This system achieved 8.63% profit with only 0.76% maximum drawdown on a live FTMO account, demonstrating strong risk-adjusted performance.

Key Takeaway

• Core Strategy: Advanced hedging combined with scalping algorithms that analyze real-time market conditions for precise entries and adaptive exits without relying on high timeframe analysis

• Trading Logic: Uses sophisticated algorithms that dynamically adapt to market conditions, employing hedging to manage exposure while scalping for consistent small profits across multiple positions

• Risk Management Features: Smart capital preservation with customizable risk modes (EasyLow to UltraHigh), integrated money management, breakeven functionality, and targeted drawdown control below 4% (8% in aggressive mode)

• Verified Performance: Live FTMO account showed 8.63% profit, 62.9% win rate, 6.17 profit factor, but required 62 trades over 13 days – indicating active trading frequency that demands stable broker conditions

• Key Benefits with Trade-offs: 24/7 automation removes emotional decisions but requires proper parameter configuration; prop firm compatibility enables access to larger capital but demands strict adherence to challenge rules

• Primary Risk: Scalping strategy is highly sensitive to broker spreads and execution speed; hedging complexity can increase transaction costs and may not prevent losses during strong one-sided market movements

Recommendations for BlackBird Prop Firm EA MT4

• Trading Platform: MetaTrader 4 (MT4) exclusively
• Pairs: Any pairs supported, optimized for BTCUSD and Gold – exotic pairs may carry higher spread costs affecting scalping profitability
• Supported Accounts: ECN accounts recommended for optimal execution speed and lower spreads critical for scalping performance
• Timeframe: Any timeframe, backtests conducted on M1 for maximum scalping opportunities
• Trading Time: 24/7 operation capability, though timer settings allow restriction to specific hours if needed
• Leverage: Moderate leverage recommended – higher leverage amplifies both potential profits and potential losses, requiring careful risk assessment
• Minimum Deposit: $10,000 recommended for 0.01 lot size – higher balance advisable for better risk management given the EA’s active trading approach and multiple simultaneous positions

BlackBird Prop Firm EA MT4 Review

BlackBird delivers consistent prop firm challenge success through disciplined hedging-scalping approach, achieving strong profit factors while maintaining low drawdowns, though high trade frequency requires optimal broker conditions and careful parameter management for retail traders.

Live Performance Highlights:
• FTMO Challenge: 8.63% profit in 13 days with 0.76% max drawdown
• Win Rate: 62.9% with 6.17 profit factor – balanced by active trading requiring 62 trades
• Risk Management: Maintained daily loss under 3.88% limit – but demanded continuous monitoring

Backtest Results:
• GBP/CAD (2010-2023): Steady growth curve with 99% tick data quality

• GBPCHF (2010-2023): Long-term consistency demonstrated – though past performance doesn’t guarantee future results

Why Choose BlackBird Prop Firm EA MT4

• Proven Prop Firm Success: Specifically designed for FTMO and similar challenges with documented live results – but requires understanding of prop firm rules and potential account restrictions

• Advanced Risk Control: Sophisticated drawdown management keeps losses minimal while maintaining profit potential – though multiple risk modes require careful selection based on experience level

• Dual Strategy Advantage: Hedging provides downside protection while scalping captures consistent small profits – but increases transaction costs and requires low-spread broker conditions

• 24/7 Automation: Removes emotional trading decisions and captures opportunities around the clock – though parameter optimization and ongoing monitoring remain essential

• Comprehensive Support: Includes specific instructions for both personal and prop firm accounts plus recommended broker/VPS setup – but technical setup complexity may challenge beginners

Conclusion

BlackBird excels for disciplined traders seeking prop firm success through proven hedging-scalping methodology with strong risk control, but requires significant capital, optimal broker conditions, and technical competence for effective implementation and monitoring.

BlackBird Prop Firm EA MT4 Download Packages:

• Link download experts:
  • BlackBird Prop Firm EA MT4.ex4
• Presets:
  • mainclear.set
• Guide:
  •  Instructions for personal account.pdf
  • Instructions for prop firms.pdf
  • Winning days calculation table.pdf
  • Important (Time settings).pdf
  • Welcome to the 0.5% club.pdf

FAQs