The Black Dragon EA Bot for Metatrader 4 is a robust fully automated trading solution that opens and closes trades based on the indicator color and the trend.
It’s a profitable Forex robot that made over $117K (strategy tester report).
As always, please use this EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
The expert advisor works best on the lower spread currency pairs and time frames starting from the M15 and up.
Download the “EA Black Dragon_v8.ex4” expert advisor
Find below the Black Dragon EA performance for the EUR/USD M15 chart (click on the picture for full size view).
As can be seen from the tester report, the EA made $117055 profit during the testing period.
- The largest profit trade: $4907.46.
- The largest loss trade: -$4916.26.
Download This Expert Advisor
Download the “EA Black Dragon_v8.ex4” EA
Recommendations & Specifications
- Trading instruments: Low spread Forex pairs (EUR/USD, GBP/USD, USD/JPY,..)
- Time frames: M15 and above
- Minimum account balance: $100
- Demo account: Yes
- Real account: Yes
- Trading platform: Metatrader 4
The picture below shows the Black Dragon EA attached to the EUR/USD M15 chart.
Input Parameters & Settings
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
New cycle, trade buy, trade sell, manage manual orders, lot size, maximum lot, maximum buy orders, maximum sell orders, stop loss, start hour, end hour
How to install and run the Black Dragon EA?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the EA Black Dragon_v8.ex4 file here
- Then close and restart the MT4 platform
- Attach the expert advisor to the chart
Now, you are ready to start using the Black Dragon EA!