Black Ice

The Black Ice MQL5 Expert Advisor is a high-precision, defensive algorithmic trading robot engineered for consistent, emotionless trading on MetaTrader 5. The system utilizes a specialized, low-frequency Extreme Volatility Mean Reversion Strategy that triggers trades only upon dual confirmation: when the price hits the extreme 4.0 Standard Deviation Bollinger Band boundary and the RSI confirms severe overbought/oversold conditions (80/20). Crucially, Black Ice enforces proprietary automated risk management and optimization, including a Mandatory 5% Profit Lock-In to secure realized gains systematically, a Strategic 100-Bar Cooldown to prevent whipsaw and overtrading, and the unique Positive Swap Hunter feature, which ensures only trades generating positive overnight interest (carry) are executed, thereby optimizing long-term net profitability. This layered defense, supported by optional higher-timeframe trend filters, is designed to ensure strategic trade alignment and rigorous capital preservation. Read the full Black ice EA analysis. You can get Black Ice for FREE when you purchase Scalpex or Rangex.