
Learn how the black box algo works for MetaTrader 5, install via VPN, backtest with the strategy tester, and view live results plus access support.
If you don't own the algo, email questions to: support@blakboxalgo.com
A one-year backtest compares standard versus raw ECN accounts, showing the standard account profit higher, drawdown slightly lower, better profit factor, and fewer trades, making it more efficient.
Install the BlakBox algorithm on MetaTrader 5 by enabling algo trading, importing the algorithm file, and configuring the license URL and chart settings to start trading.
Choose a vpn for your black box by weighing the budget German option against Fasthosts, start monthly, and avoid long contracts while awaiting your IP address, username, and password.
Learn how to connect to your vps via VPN using remote desktop, entering the IP address, username, and password, save the connection, and get MT5 ready for trading.
Learn how to use BlakBox inputs to select presets (conservative, balanced, aggressive), set custom risk (percentage or fixed), define max loss, and assign a magic number for MT5.
Use the conservative preset, a lower-risk option that locks in profits and uses break-even stop losses. Backtests show ~6.5% drawdown and ~26% profit in 11 months, targeting larger accounts.
Discover the aggressive preset and its dynamic risk, showing how it can yield high gains but cause significant drawdown, with back tests and cautions for demo or live use.
Backtest with broker data in Mt5 for the year to reflect current market conditions and broker fees; beyond 12 months, data quality declines and third party data may be needed.
Welcome to the BlakBox course!
This course was created to help users of the BlakBox algorithm for the MT5 platform. It is aimed at people who have already purchased BlakBox and are looking to get set up quickly.
You might also find the course interesting if you have heard about BlakBox and are thinking about buying it. The course will help you to understand the potential performance of the algorithm and the risks involved in algorithmic trading.
You'll also see some live account results.
This course covers everything you need to know including:
Installing BlakBox in MT5
Changing settings in the algorithm and saving files as .set files to be loaded again later
Back-Testing the BlakBox Algorithm in the MT5 Strategy Tester
Forward Testing BlakBox on Demo and small Live accounts
How to run BlakBoxLive, changing settings and managing open trades
To run BlakBox, you'll need:
A good, stable internet connection
A VPS server (4 vCPU, 8GB RAM - Can easily run 2x MT5's with BlakBox installed)
A device to connect to the VPS remotely (A pc or laptop)
A trade account with a broker that provides MetaTrader 5 (BlakBox only works with MT5)
Additional FREE resources are available on the BlakBox website and in the Reid FX Discord group.
See you in the course!