🐉 EA Black Dragon MT4 EA – Smart Automated Trading System Based on the Black Dragon Indicator

EA Black Dragon MT4 EA is a professional, fully automated Expert Advisor for MetaTrader 4 (MT4). It operates using the Black Dragon indicator, opening trades whenever the indicator color changes. Moreover, the system allows traders to manage orders flexibly — either through a smart grid strategy or a simple stop-loss setup.

Unlike many automated systems, EA Black Dragon provides complete control over trading preferences, ensuring both stability and adaptability. Therefore, it is suitable for beginners as well as experienced traders who value precision, automation, and transparency.

⚙️ How EA Black Dragon Works

The EA opens buy or sell positions based on the Black Dragon indicator’s signal color. When a new trend is detected, a corresponding trade is executed automatically. Furthermore, users can enable a controlled network of orders that increases profit potential while maintaining drawdown control.

In addition, the EA can manage manual trades, perform hedging operations, and follow custom trading hours, making it adaptable to a wide range of trading conditions.

💡 Important: Contact the developer immediately after purchase to receive setup instructions and an exclusive bonus

🧩 EA Black Dragon – Input Parameters

🔧 General Trading Controls

• Open New Series: True/False – Enables or disables a new trading sequence.

• Trade Buy: True/False – Allows or blocks buy positions.

• Trade Sell: True/False – Allows or blocks sell positions.

• Manage Manual Orders: True/False – Enables EA to control manually opened trades.

• Use Hedge: True/False – Allows simultaneous buy and sell operations.

• Order Comment: Custom label for your trades.

• Max Spread (0 = Off): Defines the highest allowed spread.

• Start Hour / End Hour: Specifies when the EA can trade.

• Magic Number: Unique identifier for EA trades.

• TF Black Dragon: Selects the indicator’s working timeframe.

• Use Stochastic: True/False – Activates the stochastic filter for refined entries.

💰 Lot & Position Management

• Max Buy Orders / Max Sell Orders: Maximum allowed open trades per direction.

• Initial Lot: Starting lot size for the first trade.

• AutoLot: True/False – Enables automatic lot calculation.

• AutoLot Size: Determines deposit size per base lot when AutoLot is active.

• Lot Multiplier: Increases lot size for each new trade in a series.

• Max Lot: Caps the total lot size to prevent overexposure.

🎯 Take-Profit & Stop-Loss Logic

• TP (0 = Off): Sets the take-profit level in pips.

• SL (0 = Off): Sets the stop-loss level in pips.

• Overlap Last Order: True/False – Closes first and last trades together to reduce drawdown.

• Overlap Start Order: Defines from which order overlap begins.

• Overlap Percent: Specifies the percentage profit recovery on overlapping orders.

⚡ Order Distance & Timing

• Pause Between Orders (min, 0 = Off): Adds time delay between trades.

• Fixed Distance: Defines constant spacing between each new order.

• Dynamic Distance Start Order: Determines when dynamic spacing begins.

• Dynamic Distance Start Value: Sets initial distance between first order and current price.

• Distance Multiplier: Gradually expands trade distance for smoother order spacing.

💎 Features & Advantages

✅ Fully Automated Trading – Executes trades using Black Dragon indicator signals.
✅ Adaptive Strategy Control – Offers flexible grid and fixed-stop options.
✅ Manual Trade Integration – Seamlessly manages trades opened manually.
✅ Hedging Capability – Balances buy and sell positions during volatile sessions.
✅ Dynamic Grid System – Expands distance and lot size for intelligent scaling.
✅ Overlap Protection Mode – Minimizes drawdown by pairing losing and winning trades.
✅ Session Scheduling – Limits trading activity to preferred timeframes.

Furthermore, these combined features make EA Black Dragon not only versatile but also efficient for both short-term and long-term strategies.

⚙️ Recommended Settings

• Platform: MetaTrader 4 (MT4)

• Timeframe: M15–H1

• Currency Pairs: All supported

• Minimum Deposit: $200 (Recommended: $500+)

• Broker Type: ECN / Raw Spread with low-latency VPS

🛠️ Example Configuration

🧠 Why Choose EA Black Dragon

Unlike other automated systems, EA Black Dragon focuses on controlled risk and precision. It adapts to volatility changes in real time, adjusting order spacing and lot size when necessary.
Furthermore, it maintains a balance between profit potential and safety, ensuring long-term stability.

As a result, traders gain a reliable tool that can handle dynamic market behavior efficiently while minimizing emotional decision-making.

Key Advantages

✔️ Adaptive logic for all market phases
✔️ Easy-to-configure interface
✔️ Compatible with manual or automated setups
✔️ Efficient during high volatility
✔️ Long-term sustainable performance

⚠️ Risk Disclaimer

Trading Forex involves significant risk. Although EA Black Dragon includes built-in protection features, results can vary due to market conditions.
Therefore, always test the EA on a demo account first, adjust your parameters carefully, and trade responsibly.