RUEGEN BLACK EA MT4 with Setfiles

What is Ruegen Black EA?

Ruegen Black EA is an automated trading solution for MetaTrader 4 that offers NoDLL/Unlimited usage with fixed risk management parameters. The EA achieved a 2.98 profit factor on GBPUSD M15 backtests with trailing stop functionality.

Key Takeaway

• Overview: Fixed lot sizing EA with customizable stop loss (50 points), take profit (100 points), and virtual trailing stop system for MT4 platforms

• Trading Strategy: Rule-based system utilizing support/resistance levels with predetermined exit points and trailing profit protection – lacks adaptive market analysis capabilities

• Core Logic: Enters trades based on undisclosed technical criteria, manages positions through fixed SL/TP ratios (1:2 risk-reward), and secures profits via virtual trailing stops

• Key Benefits: Eliminates emotional trading decisions and provides 24/5 automation – however, rigid fixed parameters cannot adapt to changing market volatility conditions

• Performance Data: Backtests show 2.98 profit factor on GBPUSD with 73-78% win rates – but results used “Control points” method with explicit warning that “results must not be considered” due to crude modeling

• Primary Risks: Poor backtest integrity using unreliable testing methods, strategy rigidity with fixed SL/TP values, and over-optimization risk from short 6-month testing period

Recommendations for Ruegen Black EA

• Trading Platform: MetaTrader 4 (MT4) exclusively
• Pairs: GBPUSD, EURUSD, AUDCAD recommended – vendor claims compatibility with any pair but lacks comprehensive testing data
• Supported Accounts: Standard and ECN compatible – verify spread conditions with your broker
• Timeframe: M5, M15, M30, H1 supported – M15 shows strongest backtest results
• Leverage: Conservative leverage recommended due to fixed position sizing – higher leverage amplifies both profits and losses significantly
• Minimum Deposit: $100 minimum stated – $500+ advisable for better risk management given 33.79% relative drawdown potential

Ruegen Black EA Review

Ruegen Black EA provides automated trading with trailing stops and decent backtest metrics, but suffers from poor testing methodology and inflexible parameters. Best suited for beginners seeking basic automation who understand the limitations of provided performance data.

Backtest Highlights:
• GBPUSD M15: 2.98 profit factor, 515 trades, 73% win rate – 33.79% relative drawdown risk

• EURUSD H1: Positive equity curve shown – detailed metrics not provided

• AUDCAD M30: Consistent growth pattern – numerical results unavailable

Why Choose Ruegen Black EA

• NoDLL/Unlimited Package: No account restrictions or time limitations – though basic strategy may limit long-term effectiveness across market conditions

• Simple Parameter Setup: Easy configuration with clear input settings – but fixed SL/TP ratios cannot adapt to volatility changes

• Multiple Pair Compatibility: Works across various currency pairs – however, optimization data only covers 3 pairs over short timeframe

• Trailing Stop Protection: Virtual trailing system secures profits automatically – effectiveness depends on market trending behavior

• Transparent Risk Settings: Direct control over lot size and risk parameters – requires user knowledge to optimize for different account sizes

Conclusion

Ruegen Black EA offers basic automated trading with trailing stops but relies on questionable backtest data and rigid parameters. Suitable for MT4 beginners seeking simple automation, but experienced traders should exercise caution due to testing methodology concerns.

RUEGEN BLACK MT4 Download Packages:

• Link download experts:
  • RUEGEN BLACK MT4.ex4
• Presets:
  • GBPUSD_$100_M15 (High risk).set
  • GBPUSD_$500_M15 (High risk).set
  • GBPUSD_$500_M15 (Low risk).set
  • GBPUSD_$1000_M15 (High risk).set
  • EURUSD_$1K_DD35%_High risk.set

FAQs