EA Black Dragon MT5 – Advanced Forex Trading Automation with Dynamic Order Management
EA Black Dragon is an innovative trading expert advisor built on the Black Dragon indicator. Designed for MetaTrader 5 (MT5) accounts supporting hedging, this EA offers advanced trading capabilities by utilizing the indicator’s signals, customizable settings, and risk management features.
Key Features of EA Black Dragon MT5
- Indicator-Based Strategy: Opens trades based on the Black Dragon indicator’s color signals.
- Customizable Trade Management: Flexible options for buy/sell orders, stop-loss, take-profit, and manual order handling.
- Hedging Support: Works seamlessly with accounts that support hedging to diversify trading strategies.
- Dynamic Order Management: Includes overlapping orders, dynamic distance adjustment, and lot multipliers for precise risk control.
- Stochastic Filter Integration: Optional stochastic settings for enhanced trade accuracy.
- Flexible Time Control: Define trading hours with the start and stop time feature.
- Auto Lot Calculation: Dynamically adjusts the lot size based on account balance for optimal risk-reward.
Advanced Input Parameters
- Order Settings: Manage buy/sell orders, hedge trades, and add custom order comments.
- Lot Control: Set initial lot size, maximum lot, and lot multipliers for progressive trades.
- Risk Management: Adjustable take-profit (TP), stop-loss (SL), and dynamic order spacing to minimize drawdowns.
- Overlap Feature: Close first and last orders simultaneously for effective drawdown recovery.
- Spread Control: Specify the maximum allowed spread to maintain trade efficiency.
Why Choose EA Black Dragon MT5?
EA Black Dragon MT5 is perfect for traders looking to automate and optimize their trading strategies. With its robust risk management, adaptive order handling, and compatibility with the Black Dragon indicator, this EA empowers traders to achieve consistent results.
Recommendations for Optimal Performance
- Best Pairs: Use with trending currency pairs for enhanced performance.
- Account Type: Ideal for accounts with hedging enabled and low spreads.
- Leverage: Recommended leverage of 1:500 or higher for optimal flexibility.
- Timeframe: Adjust the timeframe (TF) based on market conditions for the best results.
Start automating your trades today with EA Black Dragon MT5, the ultimate trading robot for precision and efficiency.
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