EA Black Dragon Review
EA Black Dragon runs on the Black Dragon indicator. The EA opens a deal by indicator color, then there is the opportunity to increase the network of orders or work with stop loss.
Features
- Open new series – True/False – EA will open another series of orders (enable/disable)
- Trade Buy – True/False – EA will buy or not buy (enable/disable)
- Trade Sell – True/False – EA will sell or not sell (enable/disable)
- Manage manual orders – True/False – If true EA will manage manual orders (enable/disable)
- Use hedge – True/False – EA will hedge (buy and sell)
- Order Comment – Type in comment of your choice
- Max spread (0-not use) – Maximum spread allowed
- Start Hour – the hour that the EA will start trading
- End Hour – the hour that the EA will stop trading
- Magic – the number for the EA to recognize it’s own positions
- TF Black Dragon – choose time frame from selection
- Use stochastic – True/False – if True EA will use stochastic settings below to enter trades
- Max buy orders – Maximum buy orders allowed
- Max sell orders – Maximum sell orders allowed
- Initial Lot – Start lot
- Autolot – True/False – enable/disable auto lot calculation
- Autolot size – Amount of the deposit on which start lot is to be used when auto lot is True
- Lot multiplier – Lot multiplier for subsequent orders
- Max Lot – Maximum lot size that can be opened by EA
- TP (0-not use) – Take profit in pips
- SL (0-not use) – Stop loss in pips
- Overlap last order – True/False – The first and last order will close together and cancel each other out to reduce draw down (enable/disable)
- Overlap last order number – At what order number will the overlap start?
- Overlap percent – The percentage profit after first order will close in loss and last order will close in profit, recovering the loss plus X percent
- Pause between orders (min 0 – not use) – Amount of minutes to pause between orders
- Fix distance – The distance between orders
- Order dinamic distance – From which order will the dynamic distance begin (number)
- Dynamic distance start –This value sets the distance between first order and market price, where the dynamic distance will begin
- Distance multiplier – The multiplier factor for increasing distance between orders
Expert Advisor backtest
EA Black Dragon reviews
Conclusion for this robot
EA Black Dragon is what we call a no brainer for those traders that want to boost their trading skills. Absolute value for money. This developer is cleary a trading addict considering how much he offers for such little money. Only critical point would be that although this robot is cheap, it comes with a pretty steep learning curve. However, so many positive reviews don’t lie. We highly recommend this EA.
5/5
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