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Black Horse indicator (MT4) — review, price and free alternatives
MT4 indicator$39 on MQL5by Shengzu Zhong
Black Horse indicator is a MetaTrader 4 indicator by Shengzu Zhong, sold on the MQL5 Market for $39. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
Black Horse indicator — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Indicator
- Developer
- Shengzu Zhong
- Price
- $39
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Black Horse indicator on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Grab your copy while it’s still available at this price — it may increase at any time!
Before you buy Black Horse indicator
What the developer claims
- The objective of the black horse indicator is to identify divergences between price action and the VWAP indicator.
- It employs filters to sift through potential false divergences and signals high-quality, accurate alerts.
Quoted from the listing. We have not tested these claims.
What to check first
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT4 indicator in the Strategy Tester before you buy.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Black Horse indicator
Compiled from its public MQL5 listing. FxRobotEasy has not traded Black Horse indicator; what these notes say about how it works comes from that listing.
Overview
Black Horse indicator by Shengzu Zhong represents a comprehensive automated trading solution for MT4 traders. What sets Black Horse indicator apart is its balanced approach to trade execution and capital preservation.
Risk notes
Black Horse indicator implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT4 platform compatibility
- Developed by experienced Shengzu Zhong
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Black Horse indicator on MT4 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
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Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
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The team's notes, every day
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- Questions answered in the bot
Black Horse indicator or Scalperology AI?
| Black Horse indicator | Scalperology AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($39) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Shengzu Zhong | FxRobotEasy |
Black Horse indicator — questions
What is Black Horse indicator?
Black Horse indicator is a MetaTrader 4 indicator published on the MQL5 Market by Shengzu Zhong, priced at $39 USD. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does Black Horse indicator work on MT4 or MT5?
Black Horse indicator runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does Black Horse indicator cost?
Black Horse indicator is a paid product listed at $39 USD on the MQL5 Market, the price recorded when its listing was last checked on 2025-11-27. It is sold and downloaded through the developer's (Shengzu Zhong) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Black Horse indicator?
FxRobotEasy has not traded Black Horse indicator on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Black Horse indicator elsewhere comes from its developer or from a third party.
Similar expert advisors
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.