EA Black Dragon MT4 & MT5 with Setfiles

EA Black Dragon Introduction

EA Black Dragon offers strategic versatility through its dual-mode architecture, empowering traders to choose between grid-based position accumulation and traditional risk-controlled trading for automated Forex and gold markets. This trend-following system achieved remarkable 813% growth in live testing over three weeks, though accompanied by substantial 78% maximum drawdown.

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About the EA Black Dragon’s Author

Created by Ramil Minniakhmetov, an accomplished MQL programmer with more than 11 years of dedicated MetaTrader development experience. His proven track record includes multiple successful automated trading solutions including Gold Dragon Bot, Hamster Scalping, and BTC bot mt4, demonstrating consistent innovation in algorithmic trading system development.

Key Findings

• Flexible Risk Architecture: Provides choice between high-growth grid strategy with lot multiplication or conservative fixed Stop Loss approach, allowing traders to match EA behavior to personal risk tolerance and account constraints

• Intelligent Trend Detection: Utilizes proprietary trend indicator for primary signal generation with optional Modified Stochastic filtering, creating layered confirmation system for improved entry precision and false signal reduction

• Proprietary Loss Management: Implements unique “Overlap last order” function that automatically matches losing positions with profitable ones for net gain realization, providing active drawdown mitigation during unfavorable market conditions

• Comprehensive Market Coverage: Optimized primarily for XAUUSD trading with specialized preset files for 13 additional currency pairs, each configured for specific market dynamics and volatility characteristics

• Verified Trading Results: Achieved 813% live growth with 74.2% win rate over 3-week period using 1:1000 leverage, but accompanied by 78% maximum drawdown requiring careful risk assessment and profit management

• Risk Transparency: Grid strategy with 1.5x lot progression can generate catastrophic losses during sustained adverse movements; success requires disciplined profit extraction and conservative initial position sizing

EA Black Dragon Recommended Setup

• Trading Platform: Full MetaTrader 4 (MT4) and MetaTrader 5 (MT5) support

• Pairs: XAUUSD primary specialization; additional support for EURAUD, GBPUSD, NZDUSD, USDCAD, AUDCAD, AUDUSD, CHFJPY, EURCAD, EURUSD, GBPAUD, GBPNZD, USDCHF, USDJPY with variable risk characteristics

• Supported Accounts: Universal account type compatibility; ECN accounts recommended for superior spread execution

• Timeframe: Any timeframe operational capability; M15 preset configurations available for immediate implementation

• Trading Time: Continuous 24/7 market operation with customizable session parameters; default Friday 22:30 market closure

• Leverage: Live testing employed 1:1000 leverage for maximum capital efficiency; higher leverage dramatically increases both profit opportunity and loss potential

• Minimum Deposit: $1,000 tested minimum threshold; significantly higher balance strongly recommended for prudent grid strategy risk management

Quick-Start Parameter Guide

Core Position Settings:
• Initial lot (0.01): Foundation position size – determines base risk exposure in grid scenarios
• Lot Multiplier (1.5): Grid escalation factor – directly impacts risk progression and potential losses
• Max Lot (5.0): Position size ceiling – critical protection against excessive exposure
• Max buy/sell orders (10): Total position limits – prevents uncontrolled grid expansion

Trading Logic Controls:
• Distance (200): Grid interval spacing – controls trade frequency and market noise sensitivity
• Take Profit (100): Target realization level – balances profit capture with position duration
• Max spread (200): Market condition filter – protects against volatile execution environments
• Overlap parameters: Automatic drawdown management activating at 7 positions – key risk mitigation tool

Advanced Features:
• Use hedge (available): Simultaneous buy/sell capability – can lock drawdown but reduces flexibility
• Modified Stochastic (disabled default): Additional entry filtering – may reduce trade frequency
• Session controls: Customizable trading hours – allows market condition optimization

Review of EA Black Dragon

EA Black Dragon demonstrates exceptional short-term performance capability through advanced grid management, achieving 813% growth in 3 weeks while requiring sophisticated risk management due to substantial drawdown potential exceeding 75%. Best suited for experienced grid trading specialists.

Live Trading Performance:
• Outstanding Returns: 813% growth achievement with documented $400 profit extraction

• Consistent Execution: 74.2% win rate maintaining profitability across varying market conditions
• Drawdown Reality: 78% maximum account depletion with 168.3% deposit utilization demanding active oversight

Extended Backtest Analysis:
• Impressive Scale: $1.25M+ profit generation across 2-year historical testing period
• Strong Statistics: 2.99 profit factor with 71.43% win rate across 2,888 total trades
• Moderate Historical Risk: 14.31% maximum backtest drawdown significantly lower than live results

Is EA Black Dragon the Right Choice For You?

• Exceptional Growth Platform: Provides access to high-profit grid trading methodology with documented 800%+ returns, but requires absolute comfort with substantial temporary account drawdowns and disciplined profit management

• Strategic Adaptability: Unique capability to operate in either aggressive grid or conservative single-trade modes, though grid functionality demands comprehensive understanding of martingale-style risk compounding effects

• Proven Market Performance: Offers verified live trading results with complete transparency regarding both profits and risks, but extraordinary performance requires extreme leverage potentially unavailable to many retail traders

• Advanced Loss Control: Features innovative overlap mechanism for active drawdown reduction not found in standard grid EAs, though effectiveness varies with market trending characteristics and parameter optimization

• Experienced Development: Benefits from decade-plus MQL expertise with established track record of successful trading systems, providing confidence in technical execution while acknowledging market performance variability

Final Verdict

EA Black Dragon excels for sophisticated traders seeking maximum growth through innovative grid methodology, offering transparent performance data and advanced drawdown management features. Risk-averse traders or those with limited leverage access should explore more conservative automated trading alternatives.

EA Black Dragon Download Contents:

• Link download experts:
  • EA Black Dragon .ex4
  • EA Black Dragon .ex5
• Presets:
  • EA_Black_Dragon_mt4_audcad_m15.set
  • EA_Black_Dragon_mt4_audusd_m15.set
  • EA_Black_Dragon_mt4_chfjpy_3digits_m15.set
  • EA_Black_Dragon_mt4_eurcad_m15.set
  • EA_Black_Dragon_mt4_eurusd_m15.set
  • EA_Black_Dragon_mt4_gbpaud_m15.set
  • EA_Black_Dragon_mt4_gbpnzd_m15.set
  • EA_Black_Dragon_mt4_gbpusd_m15.set
  • EA_Black_Dragon_mt4_nzdusd_m15.set
  • EA_Black_Dragon_mt4_usdcad_m15.set
  • EA_Black_Dragon_mt4_usdchf_m15.set
  • EA_Black_Dragon_mt4_usdjpy_3_digits_m15.set
  • EA_Black_Dragon_mt4_xauusd_2_digits_m15.set
  • EA_Black_Dragon_mt4_xauusd_3_digits_m15.set