The EA BLACK DRAGON is an advanced automated trading system designed to trade the EURUSD and GBPUSD pairs. Leveraging the unique Black Dragon indicator, it precisely follows its color-coded signals to make well-timed entries and exits. With flexible settings, this EA allows traders to customize their order networks or integrate robust stop-loss management strategies. It seamlessly works with any MetaTrader 4 broker, making it a versatile choice for traders seeking to harness the power of intelligent automation.

Vendor website: https://www.mql5.com/fr/market/product/47036

Original Price: $99
Forex EAs Mall Price: $30 (you save 70%)

Highlighted Features:

• Tailored Trading: Fine-tune the EA’s parameters to perfectly align with your trading style and strategy.
• Scheduled Market Watch: Set specific hours to actively monitor the market, keeping your trading aligned with your preferred timings.
• Enhanced Risk Control: Utilize robust risk management settings to protect your investments and optimize performance.
• Flexible Trade Adjustments: Modify existing trade positions on-the-fly to adapt to changing market conditions.
• Micro Lot Trading: Start trading with as little as 0.01 lot size, making it accessible and manageable for all levels of traders.

How EA BLACK DRAGON Works:

• Trading Platform:MetaTrader 4 (MT4)
• Timeframes: Any
• Currency Pairs: EURUSD, GBPUSD

Real operation monitoring as well as my other products can be found here: https://www.mql5.com/en/users/mechanic/seller

Inputs Value 

·         Open new series – True/False – EA will open another series of orders (enable/disable)

·         Trade Buy – True/False – EA will buy or not buy (enable/disable)

·         Trade Sell – True/False – EA will sell or not sell (enable/disable)

·         Manage manual orders – True/False – If true EA will manage manual orders (enable/disable)

·         Use hedge – True/False – EA will hedge (buy and sell)

·         Order Comment – Type in comment of your choice

·         Max spread (0-not use) – Maximum spread allowed

·         Start Hour – the hour that the EA will start trading

·         End Hour – the hour that the EA will stop trading

·         Magic – the number for the EA to recognize it’s own positions

·         TF Black Dragon – choose time frame from selection

·        Use stochastic – True/False – if True EA will use stochastic settings below to enter trades

·        Max buy orders – Maximum buy orders allowed

·       Max sell orders – Maximum sell orders allowed 

·       Initial Lot – Start lot 

·       Autolot – True/False – enable/disable auto lot calculation 

·       Autolot size – Amount of the deposit on which start lot is to be used when auto lot is True 

·       Lot multiplier – Lot multiplier for subsequent orders 

·       Max Lot – Maximum lot size that can be opened by EA 

·       TP (0-not use) – Take profit in pips 

·       SL (0-not use) – Stop loss in pips 

·       Overlap last order – True/False – The first and last order will close together and cancel each other out to reduce draw down (enable/disable) 

·       Overlap last order number – At what order number will the overlap start? 

·       Overlap percent – The percentage profit after first order will close in loss and last order will close in profit, recovering the loss plus X percent 

·       Pause between orders (min 0 – not use) – Amount of minutes to pause between orders

·       Fix distance – The distance between orders

·       Order dinamic distance – From which order will the dynamic distance begin (number)

·       Dynamic distance start –This value sets the distance between first order and market price, where the dynamic distance will begin 

·       Distance multiplier – The multiplier factor for increasing distance between orders

BLACK DRAGON EA Review

How to install and run the EA BLACK DRAGON Trading Bot in Metatrader 4?

1. Download the EA:
   • Ensure you have the EA BLACK DRAGON file (usually with a .ex4 extension).
2. Open MetaTrader 4:
   • Launch the MetaTrader 4 platform.
3. Locate the Data Folder:
   • Go to the top menu and click on File → Open Data Folder.
4. Install the EA:
   • In the Data Folder, navigate to MQL4 → Experts.
   • Copy and paste the EA BLACK DRAGON file into the Experts
5. Restart MetaTrader 4:
   • Close and reopen the MetaTrader 4 platform to ensure the EA is recognized.
6. Attach the EA to a Chart:
   • Open the chart for either the EURUSD or GBPUSD pair, as the EA is optimized for these currencies.
   • In the Navigator window (usually on the left side), find the EA BLACK DRAGON EA under Expert Advisors.
   • Drag and drop the EA onto the chart.
7. Enable Automated Trading:
   • Make sure the “AutoTrading” button on the toolbar is green and active.
   • In the EA settings window, go to the Common tab and check the boxes for “Allow live trading” and “Allow DLL imports.”
8. Configure EA Settings:
   • Adjust the EA settings to your preference, such as lot size, stop loss, and take profit levels.
   • Click OK to apply the settings.
9. Monitor and Manage:
   • The EA will now start trading based on the configured parameters. Monitor its performance and make adjustments as needed.
10. Check for Errors:
    • If the EA isn’t working as expected, check the Experts and Journal tabs at the bottom of the platform for error messages or logs.

With these steps, the EA BLACK DRAGON should be up and running on your MetaTrader 4 platform, ready to automate your trading strategy!

If you encounter any problems or need detailed instructions, please refer to the documentation provided with the EA BLACK DRAGON or contact us directly for the fastest support.

EA BLACK DRAGON Download

Link download EA BLACK DRAGON will be sent to your email after payment.

+Expert :

• EA BLACK DRAGON.ex4
• Unlimited / NoDLL
• Free Future Updates

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