EA Black Dragon MT4 EA V8

Original price was: $30.00.Current price is: $25.00.

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♻️ Free Lifetime Updates
πŸ’± Trading PairAny pair
⏱️ TimeframeAny time Frame
πŸ“„ Set FileN/A
πŸ’° Minimum Equity$1000
πŸ“‰ Starting Lot0.01
πŸ–₯️ PlatformMT4
🏦 Recommended BrokerAny Low Spread

Description

EA Black Dragon MT4 EA

EA Black Dragon is a powerful and customizable Expert Advisor (EA) built around the proprietary Black Dragon indicator. Designed for MetaTrader 4 (MT4), this EA offers a smart and flexible trading strategy that can work both with a grid-based network of orders or traditional stop-loss and take-profit setups. Whether you’re a seasoned trader or a beginner, EA Black Dragon adapts to your trading preferences and risk profile.EA Black Dragon MT4 EA

βš™οΈ How EA Black Dragon Works

At its core, EA Black Dragon opens positions based on the color signals of the Black Dragon indicator β€” a proven method for identifying market trends. Once a trade is triggered, the EA can:

  • Build a controlled order network to maximize opportunities during retracements

  • OR follow a conservative risk model with fixed stop loss and take profit

  • Optionally hedge positions to reduce directional bias

This flexible approach gives traders full control over how aggressive or defensive they want to be.EA Black Dragon MT4 EA

πŸš€ Key Features & Benefits

FeatureDescription
🎯 Indicator-Based EntriesTrades based on color signals from the Black Dragon indicator
🧱 Grid or SL/TP ModeChoose between grid-style order management or fixed SL/TP
πŸ” Manual Order ManagementEA can manage your manual trades β€” ideal for hybrid trading
πŸ”ƒ Hedging CapabilityOption to open buy and sell positions simultaneously
πŸ•’ Time-Controlled TradingCustomize trading sessions with StartHour and EndHour
πŸ” Dynamic Order ControlSet maximum number of orders, spacing, and dynamic distance multipliers
πŸ“‰ Advanced Overlap FunctionReduce drawdown using a smart first/last order cancellation system
βš–οΈ Autolot + Risk SettingsEA adapts lot sizes based on account balance or your custom input

πŸ’‘ Input Parameters & Customization Options

Here’s a breakdown of the major settings you can control:

βœ… Basic Settings

  • Trade Buy / Sell: Enable/disable long and short trades

  • Open New Series: Allow new trade series

  • Manage Manual Orders: Let EA handle your manual trades

  • Use Hedge: Enable hedging (open both buy and sell)

  • Magic Number: Unique ID to manage EA trades

  • Order Comment: Personalize trades with comments

  • Max Spread: Set a limit for trade entry during volatile spreads

πŸ•’ Time Management

  • Start Hour / End Hour: Define when the EA should trade

πŸ“ˆ Indicator Settings

  • TF Black Dragon: Choose the timeframe for the indicator signals

  • Use Stochastic: Combine entry logic with stochastic filtering

πŸ“Š Order Management

  • Max Buy/Sell Orders: Cap the number of positions

  • Initial Lot: Fixed starting lot size

  • Autolot & Autolot Size: Automatically adjust lots based on equity

  • Lot Multiplier: Set multiplier for grid/martingale logic

  • Max Lot: Cap the total lot size for safety

🎯 Risk Management

  • Take Profit / Stop Loss: Define pip targets

  • Overlap Settings: Advanced drawdown control by offsetting early and late orders

  • Fix Distance: Static pip spacing between orders

  • Dynamic Distance Start / Multiplier: Adjust spacing as trade series grows

  • Pause Between Orders: Cooldown period between entries

🧠 Smart Order Overlap – Reduce Drawdown

A standout feature of EA Black Dragon is its Overlap Function β€” a smart mechanism where the first and last order in a series cancel each other, minimizing drawdown and accelerating equity recovery. You can control:

  • When to start overlap (Overlap Last Order Number)

  • Percentage profit target for offsetting the earlier loss

This feature gives you a more controlled exit strategy during complex market cycles.

πŸ”§ Technical Specs

ParameterDetails
PlatformMetaTrader 4 (MT4)
Indicator DependencyBlack Dragon
Strategy TypeIndicator-based, Grid/SL-TP, Optional Hedging
Minimum Deposit$200 (recommended: $500+)
Supported PairsAll major Forex pairs (performance best on trending markets)
TimeframesM15, H1, H4 (adjust based on indicator TF)
Trading StyleSemi-aggressive to conservative (fully customizable)

πŸ“© After Purchase – Get Full Instructions & Bonus

πŸ“’ IMPORTANT: Contact the developer immediately after purchase to receive the full setup guide and a bonus pack to maximize the EA’s potential.

πŸ›  Setup help and best practices available via:

  • MQL5 inbox

  • Telegram group (if provided)

  • Video or PDF guide included upon request

πŸ›‘οΈ Who Is EA Black Dragon For?

βœ… Trend followers who want visual indicator confirmation
βœ… Grid traders looking for flexible control and safety features
βœ… Manual traders who want automated management
βœ… Hedgers needing balance between positions
βœ… New traders looking for guided setup and visual logic
βœ… Advanced users needing deep customization

πŸ“¦ What’s Included:

  • βœ… EA Black Dragon (MT4 version)

  • βœ… Setup instructions & input guide

  • βœ… Bonus configurations

  • βœ… Free updates

  • βœ… Support after purchase

⚠️ Disclaimer

Trading with EAs involves risk. While EA Black Dragon provides advanced control and logic, proper money management and forward testing are highly recommended. Always test on a demo account before going live.

Trading PairAny pair
TimeframeAny time Frame
Set FileN/A
Minimum Equity$1000
Starting Lot0.01
PlatformMT4
Recommended BrokerAny Low Spread
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