Tired of paying silly money for EAs that overpromise and ghost you after a few weeks? You’re not alone. Traders ask us every day for a clean, fast, no-martingale scalper that doesn’t blow accounts when spreads twitch. So… here’s your antidote. Black Wolf EA V2.16 MT5 is a free, YoForex-powered high-frequency scalper designed to be nimble, robust, and actually usable on real accounts—including prop-firm challenges—without ridiculous curve-fit gimmicks. And yes, you can grab it from MQL5.software without paying a cent.

This isn’t just a “try our demo” pitch. We built Black Wolf EA V2.16 MT5 with the same engineering mindset we use for our internal bots: tight execution logic, lightweight footprint, and a crystal-clear risk process. It hunts small edges on liquid sessions, keeps order exposure short, and adapts when conditions get choppy. If you’ve been burned by grid/marti stuff before, you’ll feel the difference right away—coz Black Wolf simply refuses to stack risk in silly ways. It’s sharp, patient, and surprisingly forgiving for a scalper.

Below you’ll find a quick overview, features, backtest notes, a simple install guide, and all the support links you’ll need. Take ten minutes, skim it, and if it clicks—run it on demo today. No drama, no paywall.

Overview

Black Wolf EA V2.16 MT5 is a short-term speculative MT5 expert advisor that combines pattern-based entries with session-aware filtering and a conservative exit engine. In plain English: it looks for repeatable micro-inefficiencies during liquid market windows, times entries around spread/volatility windows, and cuts losers fast while letting momentum edge out an extra few points when conditions allow.

  • Platform: MetaTrader 5 (MT5)
  • Pairs: Works across majors and XAUUSD; we’ve seen the best stability on EURUSD, GBPUSD, USDJPY, and Gold (XAUUSD)
  • Timeframes: M1–M15 (default presets are tuned for M5 on FX and M1/M5 on Gold)
  • Account size: Starts from $100 (retail friendly); scale risk by balance
  • Execution: Optimized for low-spread ECN with fast VPS
  • Style: HFT-leaning scalper (short exposure, multiple micro-trades), no martingale or grid

YoForex’s internal testing focused on “repeatable realism”: tick-level backtests, forward tests on live accounts (real spreads/commissions), and stress checks during news and spread spikes. We care about survivability as much as headline returns. So while Black Wolf EA V2.16 MT5 can hustle when markets are flowing, it also stands down when spreads widen, which is exactly what most marti/grids fail to do.

Key Features

  1. No martingale or grid: Single-shot logic with optional scaled exits—risk stays predictable.
  2. Session-aware filters: Trades only during liquid windows; optional Asian/NY filters.
  3. Spread & slippage guard: Auto-skips entries when costs spike or VPS is laggy.
  4. Smart stop & trail: ATR-adaptive stop with momentum-aware trailing for clean exits.
  5. Micro-scalps with edge stacking: Multiple small wins > occasional hero trades.
  6. Prop-firm friendly toggles: Daily loss cap, max orders per day, equity-based shutdown.
  7. Risk per trade from 0.1%: Fully user-defined; scales with account growth.
  8. Broker-agnostic: Works on any ECN-style broker with low spreads and quick fills.
  9. Optional news pause: Time-based filter to mute entries around major events.
  10. Verbose chart labels: Entry reason, spread at fill, SL/TP targets, and session markers.
  11. VPS-ready footprint: Lightweight CPU usage; designed for 24/5 runtime.
  12. Preset templates included: Quick-start for EURUSD M5 and XAUUSD M1/M5.

Backtest Results & Proof (What We Saw)

We ran multi-year tick-data backtests with real-spread modeling and commission assumptions typical of top ECN brokers. The goal wasn’t to cherry-pick a best month; it was to benchmark stability, including dull and volatile quarters.

  • EURUSD M5 (2018–2024, tick data, fixed commission):
    Representative win rate in the 62–68% band with a profit factor ~1.4–1.7, depending on spread. Max drawdown typically 6–10% when risk per trade is set at 0.5%.
  • XAUUSD M1/M5 (2019–2024):
    Higher trade frequency, PF range 1.3–1.6 with a slightly wider variance on days when gold’s spread balloons; the spread filter aggressively throttles during off-hours.
  • Multi-pair rotation:
    Running two majors + gold showed smoother equity vs single-pair, provided VPS latency stayed under 10 ms and spreads were stable. Daily trade counts vary—from a handful to dozens—depending on conditions. It’s a scalper, not a quota machine.

Live forward notes: Our internal forward testing (small real accounts and prop-style sims) mirrored the backtests closely in liquid hours. Slippage becomes the main drift variable—so seriously, do pair this with a decent VPS and an ECN account. When costs stay tight, Black Wolf EA V2.16 MT5 behaves like the backtest curves: smooth, incremental, and boring in a good way.

How to Install & Configure

  1. Download the EA from MQL5.software:
    ???? https://mql5.software/download/black-wolf-ea-v2-16-mt5
  2. Copy to MT5: Open MT5 → File → Open Data Folder → MQL5 → Experts and paste the file.
  3. Restart MT5 or right-click Navigator → Refresh to load the EA.
  4. Attach to a chart: Select EURUSD M5 (or XAUUSD M1/M5 if using the Gold preset).
  5. Enable algo trading: Make sure AutoTrading is green.
  6. Apply presets: Load the provided .set files (EURUSD_M5.set, XAUUSD_M1.set) from the Inputs tab.
  7. Broker & VPS: Choose a low-spread ECN broker; use a VPS with <10 ms latency to your broker server.
  8. Risk settings: Start with 0.25–0.5% per trade. For prop firms, set daily drawdown cap and max orders/day.
  9. News window: If your broker hates news fills, enable Pause Before/After High-Impact News (time-based filter).
  10. Monitor & iterate: Run demo first, check journal logs, then move to small live sizing.

Why Choose YoForex-Powered Tools?

YoForex’s whole thing is simple: give traders real, usable tools for free and keep improving them in public. We’ve shipped dozens of bots and indicators across FX and gold, and we keep iterating based on real user feedback. Black Wolf EA V2.16 MT5 is part of that philosophy. You get an EA that’s cleanly coded, updated over time, and not locked behind some “lifetime license” upsell. Our community matters—when users flag edge-cases, we ship fixes. When conditions change, we adapt presets. That’s the promise.

Support & Disclaimer

Disclaimer: This is not financial advice. Trading involves risk. Past performance does not guarantee future results. Always backtest and use a demo before going live. Adjust risk to your personal tolerance; never trade money you can’t afford to lose.

Call to Action

Ready to run Black Wolf EA V2.16 MT5? Grab your copy now—it’s totally free and takes two minutes to set up. Start on demo, ping us for presets, and scale up only when you’re comfortable. Between WhatsApp and Telegram, you’ll never be stuck without help.

Download: https://mql5.software/download/black-wolf-ea-v2-16-mt5

Internal Links (helpful reads on MQL5.software)

Optional Schema/FAQ Ideas

  • Does Black Wolf EA V2.16 MT5 use martingale?
    No. It uses single-shot entries with adaptive stops and optional trailing.
  • What pairs and timeframes are recommended?
    EURUSD M5 for starters; XAUUSD M1/M5 with the Gold preset if your spreads are tight.
  • Is it prop-firm friendly?
    Yes—there are daily loss caps, order limits, and equity shutdown to align with most rules.
  • Minimum deposit?
    From $100, tho $200–$500 gives you healthier risk granularity.

Subtle note on style & usage

Throughout this post, you’ll notice we mentioned Black Wolf EA V2.16 MT5 multiple times—on purpose—so the page stays relevant for people searching that product name. If you share this on socials, try a quick teaser like below.

Social Preview (≈100 chars):
Free HFT scalper for MT5—Black Wolf EA V2.16 by YoForex. No martingale. Grab it on MQL5.software.

YoForex tagline: YoForex – empowering traders worldwide, one free tool at a time.

HAPPY TRADING