EA Black Dragon MT5 V13 is an advanced trading robot developed for the MT5. It utilizes the Black Dragon indicator to guide its trading decisions and is designed to work on accounts that support hedging, allowing for flexible trading strategies in different market conditions.
Key Features:
- Indicator-Based Trading: Opens trades based on signals generated by the Black Dragon indicator, aligning with market trends.
- Advanced Order Management: Supports overlapping trades, customizable distances between orders, and adjustable lot multipliers for precise control.
- Hedging Compatibility: Operates efficiently on accounts that allow hedging, managing long and short positions simultaneously.
- Customizable Settings: Users can configure buy/sell permissions, manage manual orders, and define specific trading hours.
- Risk Management Tools: Includes adjustable take-profit and stop-loss settings, with spread filters to help control trade quality and exposure.
- Stochastic Filter Option: Offers an additional filter to improve signal accuracy using stochastic analysis.
- Auto Lot Calculation: Dynamically calculates lot sizes based on account balance to maintain appropriate risk levels.
Trading Strategy:
EA Black Dragon MT5 V13 uses a blend of scalping and hedging strategies. It targets quick market movements while implementing measures to control drawdown and manage open positions effectively. Users have full control over key settings, enabling them to tailor the EA to their trading preferences.
Operational Parameters:
- Platform: MT5
- Timeframe: H1
- Currency Pairs: EURUSD, GBPUSD, USDJPY
- Minimum Deposit: $100
EA Black Dragon MT5 V13 aims to streamline trading by automating sophisticated strategies. It is suitable for both beginners and experienced traders looking for consistent performance in the forex market.
