Expert Advisor for MetaTrader 4 | 1.0/5 Rating
Black Wolf MT4 by Mike Pascal Plavonil is a trend-following Expert Advisor for MetaTrader 4 that opens buy or sell cycles whenever its built-in trend indicator changes direction. The developer recommends the M15 chart on EURUSD, GBPUSD, EURAUD, AUDJPY, GBPAUD, and CADJPY with default settings. Inputs include fixed or risk-based lots, stop loss, take profit, trailing stop, and trading hours, plus max positions per direction, distance between entries, and a lot multiplier that let a cycle scale into one side of the market.
That scaling feature defines the real risk profile of this MT4 EA. With conservative settings it behaves like a simple multi-pair trend robot; with an aggressive multiplier and many allowed positions, an adverse trend can stack exposure quickly and deepen drawdown. The developer suggests starting with at least 1,000 USD, or a 1,000-cent account for smaller budgets. It is easy to run, which suits traders who want low-maintenance automated trading on familiar forex majors and yen crosses, but it is not a product you can buy on reputation. MQL5 buyer feedback is very thin and negative, and there is no official live signal to show how the cycles behave on a real account. Forward-test on a demo with a modest multiplier before trusting it with live funds.
Our AI rates this Black Wolf MT4 review 6.9/10: good usability and customization, offset by low trust, weak community reviews, and cycle-scaling drawdown risk. See the AI analysis below for what that score means before you demo or download it.
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Verdict: A balanced automated MT4 EA with solid AI subscores across performance and usability. Review risk settings and pair selection carefully before live deployment.
Based on our comprehensive analysis of Black Wolf MT4, here's what our AI system found and what it means for you:
What this means: The EA shows good accuracy in trade execution. At 82%, it's above the 80% threshold we consider good, indicating reliable trade selection. This suggests the EA has a solid foundation for consistent performance in trend-following strategies.
What this means: With a profitability score of 7/10, this EA shows good profit potential. While not exceptional, it indicates the EA can generate reasonable returns. The moderate profitability is balanced by its affordable $30 price tag, making it accessible for budget-conscious traders.
What this means: Good speed rating indicates efficient execution, which is important for trend-following strategies. The 8/10 score suggests the EA can respond adequately to market changes and execute trades effectively across multiple currency pairs.
What this means: A 6/10 reliability score is below our “good” bar. The live MQL5 listing is 1.0/5 from 1 review—too thin and negative to treat marketplace stars as proof. Demo first; do not buy on listing reputation.
Our AI score is 6.9/10. This is a budget MT4 trend EA ($30) with a collapsed marketplace rating (1.0/5, 1 review). Usability (8.3) is still straightforward, but trust (5.0) and community reviews (2/10) mean we do not recommend buying on listing reputation. Demo only until the review sample improves.
Best suited for: Traders willing to test a cheap trend-following robot on demo, on the developer's recommended M15 pairs—not buyers looking for strong social proof.
Consider this EA if: You can accept a 1.0/5 (1-review) MQL5 listing and will verify results yourself. Skip it if you need consensus ratings or a high trust score.
Based on our analysis, this trend-following Expert Advisor is available for download on the official MQL5 marketplace. Includes comprehensive settings, multi-pair support, and trend-following strategy.
Based on our analysis, the Black Wolf MT4 initiates buy or sell cycles depending on the trend of a built-in indicator, following the "Trend Follow" strategy. This approach ensures the EA works according to market trends, making it suitable for various market conditions.
Our review confirms this EA supports multiple currency pairs including EURUSD, GBPUSD, EURAUD, AUDJPY, GBPAUD, and CADJPY. This versatility allows traders to diversify their trading portfolio and take advantage of different market opportunities.
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Based on our analysis, the Black Wolf MT4 is specifically designed for trend-following strategy using built-in indicator signals. It initiates buy or sell cycles based on market trends, making it suitable for various market conditions and multiple currency pairs.
According to the developer, the EA supports EURUSD, GBPUSD, EURAUD, AUDJPY, GBPAUD, and CADJPY. This multi-pair support allows traders to diversify their trading portfolio and take advantage of different market opportunities.
Based on the developer specifications, you need a minimum deposit of $1,000 USD, MetaTrader 4 platform, M15 timeframe, and default settings are recommended. The EA operates on the "Trend Follow" strategy with customizable parameters.
The MQL5 listing recommends M15 on EURUSD, GBPUSD, EURAUD, AUDJPY, GBPAUD, and CADJPY with default settings and about 1,000 USD (or a 1,000-cent account). You can test other symbols with your own settings, but keep the lot multiplier and max positions conservative.
As of August 2026 the live MQL5 listing shows 1.0/5 from 1 review—not the older ~4.5/5 figure. That sample is too thin to treat as proof of quality. Demo on MT4 before you buy.
6.9/10 is below our typical “recommend” range. Usability (8.3) is still simple, but trust (5.0) and community reviews (2/10) follow the live 1.0/5 MQL5 rating. Demo only—do not buy on listing reputation.
Black Wolf MT4 is listed on the official MQL5 marketplace at $30 USD (version 2.13 as of December 2024). Use the purchase links on this page to open the developer listing directly.