Black Bird EA
Martingale-based MT4 trading robot | Automated recovery strategy
About Black Bird EA
Black Bird is an Expert Advisor for MetaTrader 4 designed for traders who understand and accept the risks of Martingale-based position management. The EA opens trades based on its built-in signal logic, then uses a Martingale sequence to manage losing trades — increasing lot sizes on subsequent entries to recover losses when price eventually reverses. This approach requires careful risk management and an adequate account size to survive drawdown periods.
- Platform: MetaTrader 4
- Strategy: Martingale-based position management
- Risk level: High — requires understanding of Martingale principles
- Type: Automated trading with Martingale recovery
- Source: mql5.com/en/market/product/92090
Key Features
✓ Automated Martingale system — reduces manual recovery trading effort
✓ Recovery logic designed to recover losses when market reverses
✓ Clear entry logic — not purely random Martingale without direction
⚠ Martingale significantly increases risk — position sizes grow with each loss
⚠ Requires sufficient account capital to absorb multiple Martingale steps
⚠ Only suitable for traders who fully understand Martingale mechanics and risk