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Content: Expert: EA Black Dragon MT5 V13.ex5ย (Unlocked MT5 Build 4885+), NO MANUAL
EA Black Dragon v13 for MT5 โ Smart Forex Trading with Indicator-Based Entries
EA Black Dragon is built around the Black Dragon indicator. It opens trades based on the indicatorโs color signals. You can either grow a trade network or use a stop-loss for risk control. The EA works best on MT5 accounts that support hedging, making it a flexible and smart tool for traders.
EA Black Dragon v13 โ Input Settings Overview
๐น Open New Series (True/False):
Enable or disable the opening of a new series of orders.
๐น Trade Buy (True/False):
Allows the EA to open Buy trades.
๐น Trade Sell (True/False):
Allows the EA to open Sell trades.
๐น Manage Manual Orders (True/False):
If enabled, the EA will manage your manually placed trades.
๐น Use Hedge (True/False):
Enables both Buy and Sell trades for hedging.
๐น Order Comment:
Add a custom comment for each trade.
๐น Max Spread (0 = disable):
Set the maximum allowed spread for trades.
๐น Start Hour / End Hour:
Set the trading time window by hour.
๐น Magic Number:
Unique ID for the EA to manage its trades.
๐น TF Black Dragon:
Select the time frame for the Black Dragon indicator.
๐น Use Stochastic (True/False):
Enable to use stochastic settings for trade entries.
EA Black Dragon v13 โ Advanced Input Settings
๐น Max Buy Orders:
Sets the maximum number of Buy orders allowed.
๐น Max Sell Orders:
Sets the maximum number of Sell orders allowed.
๐น Initial Lot:
Lot size for the first trade.
๐น Autolot (True/False):
Enable or disable automatic lot size calculation.
๐น Autolot Size:
Deposit amount used to calculate the starting lot when Autolot is enabled.
๐น Lot Multiplier:
Increases the lot size for each new order in the series.
๐น Max Lot:
Limits the largest lot size the EA can open.
๐น TP (Take Profit) [0 = off]:
Target profit in pips for closing trades.
๐น SL (Stop Loss) [0 = off]:
Sets the stop loss in pips.
๐น Overlap Last Order (True/False):
If enabled, the first and last orders will close together to reduce drawdown.
๐น Overlap Last Order Number:
Defines the order number at which overlap starts.
๐น Overlap Percent:
Percentage profit that will recover the loss from the first order.
๐น Pause Between Orders [0 = off]:
Minutes to wait before opening the next order.
๐น Fixed Distance:
The set distance in pips between consecutive orders.
๐น Order Dynamic Distance:
The order number at which dynamic spacing between orders begins.
๐น Dynamic Distance Start:
Initial distance from the market price to begin dynamic spacing.
๐น Distance Multiplier:
Multiplier used to increase spacing between orders as more are placed.