The Dark Mimas expert advisor for Metatrader 5 is a profitable intraday trading robot centered around the innovative Dark oscillator.
With its focus on intraday price movements, the Dark oscillator scans the price chart in a bid to identify the best potential trend reversal signals.
The signals generated can be considered lower-risk, as stop losses are strategically placed above possible intraday tops and bottoms.
Moreover, employing a counter-trend strategy approach often leads to higher potential take-profit targets when it comes to intraday trading.
During the test, the Dark Mimas EA made an impressive +130.36% gain on the account while maintaining a conservative drawdown of 23.91%.
We strongly recommend testing the expert advisor on a demo account for at least one month before deploying it on a live trading account.
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Performance Record
The following chart provides some detailed insights into how the Dark Mimas EA performed over an extended period of time.
Key Points:
Total account gain: +130.39%
Average monthly gain: +11.14%
Drawdown: 23.91%
Trading Chart
The Dark Mimas EA applied to the EUR/USD M15 currency chart.
The presence of the blue colored symbol in the top right corner of the chart ensures that the robot is fully operational and working.
General Information & EA Inputs
- Trading Platform: Metatrader 5
- Optimized for the 5-minute, 15 minute and 1 hour charts
- Trading Instruments: performs the best on low spread currency pairs and Gold
- Adjustable EA Inputs: magic number, maximum spread, lots, money management, risk percent, dark oscillator settings, dark oscillator strategies, moment of signal, darl oscillator period, method, up level, down level, trading hours, trading days, max buy orders, max sell orders, target settings, closure, close trade settings, graphic settings, optimization, etc.
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Frequently Asked Questions
How Do I Install And Run This Forex Robot In Metatrader 5?
- Open the MT5 trading platform
- Click on the File menu button located at the top left part of the platform
- Click on Open Data Folder > MQL5 folder >Experts
- Copy the Dark Mimas MT5.ex5 experts file in the Experts folder
- Close and restart the trading platform
- You will find the indicator here (Navigator window > Expert Advisors)
- Drag the EA to the chart to get started with it!
- Enable the Allow Algo Trading button
How Do I Edit This Expert Advisor?
- Click in the open chart with your right mouse button
- In the drop-down menu, click on Expert List
- Select the expert and click on properties
- Now you can edit the inputs and common preferences
- Finally click the OK button to save the new configuration