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EA Black Dragon MT4 V8 is an advanced Forex trading robot built on the renowned Black Dragon indicator. This EA strategically opens trades based on the indicator’s color changes, offering flexibility to either expand order networks or use stop loss settings. Designed specifically for trading the EUR/USD pair, this system is ideal for traders looking for an edge in the competitive Forex market.
Utilizing a martingale-based money management strategy, the EA Black Dragon offers a high potential for returns, though it carries inherent risks. However, the developers have rigorously tested this system in live trading environments, consistently achieving profitable results. Whether you’re an experienced trader or new to Forex, this Expert Advisor provides a robust and reliable solution to enhance your trading performance.
Why Choose EA Black Dragon?
EA Black Dragon MT4 V8 is packed with features that make it a standout choice. It manages manual orders, uses stochastic indicators, and offers significant customization. You can configure it to open new order series, hedge positions, or overlap the first and last orders to reduce drawdown. This flexibility allows you to tailor the EA to match your trading style and risk tolerance.
Advanced Martingale Strategies
This trading robot employs a martingale-based system, known for its ability to amplify profits. While the strategy involves risks, the EA mitigates them with features like maximum spread control, lot multipliers, and dynamic distance settings. These tools ensure the system adapts to market conditions, minimizing risk while maximizing returns.
Optimized for MetaTrader 4
EA Black Dragon MT4 V8 is designed for seamless integration with MetaTrader 4, a popular trading platform known for its robust features and user-friendly interface. This compatibility means you can easily incorporate the EA into your existing trading setup and benefit from its advanced capabilities without complicated configurations.
Risk Management and Profit Optimization
The EA comes with advanced risk management tools to protect your capital. Features like stop loss settings, maximum lot limits, and the ability to manage manual orders give you control over your trading risk. The overlap feature allows for the closing of the first and last orders together, reducing drawdown and optimizing profits. These features make the EA a reliable choice for traders looking to grow their accounts steadily.
Comprehensive Customization
One of the key strengths of EA Black Dragon is its comprehensive input settings. You can customize start and end hours, lot size, multipliers, and more, allowing the EA to adapt to different market conditions and trading styles. This level of customization enhances your ability to fine-tune the EA to your specific trading strategy.
EA Black Dragon MT4 V8 is more than just a trading tool; it’s a complete solution for Forex trading. With its advanced features, customizable settings, and robust risk management tools, this EA is an excellent choice for traders looking to succeed in the Forex market.
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Install
The installation of this Expert Advisor is BASIC INSTALL SKILLS ( NODLL ).
This is the easiest type of installation for Expert Advisors.
This Expert Advisor is a .zip file and as it does not include msimg32.dll. You don’t need to deactivate your antivirus or anything like that; simply purchase and download.
Copy the EA folder content from your product to the EA folder of your MT4 installation.
Once all the files copied, open your Meta Trader 4 or refresh Expert Advisors, thats it.
Responsability
Tradingview.video disclaims any responsibility for gains or losses resulting from the use of the strategies provided. We cannot guarantee the profitability of these strategies as multiple factors, including fees, settings, and risk management, significantly impact outcomes. Our primary responsibility lies in presenting comprehensive descriptions containing all available information, empowering you to make informed decisions independently.
Not all expert advisors come with presets. It is recommended to craft your own, finely calibrated to improve performance and minimize risks. Employ reliable historical data tools like Tickstory and Backtester Kicker to analyze various setting combinations.
Dedicate time to acquire the knowledge requisite for joining the 5% of successful traders in the forex market.
A crucial reminder: Always conduct thorough backtesting before deploying any strategy with a live trading account.
Kindly refrain from requesting recommendations for an EA; base your purchase decisions on the available information.
admin (store manager) –
Great EA, recommended