EA Black Dragon MT4

Each tool in our store is a flat $20 one-time purchase. After payment you receive an instant download link — no subscription or recurring fees.

EA Black Dragon uses a trend indicator to initiate trades based on indicator color changes, offering flexible trading options including order networks or stop-loss strategies. and a, it's one of the most well-tested and affordable trend-following EAs.

After purchase, copy the , copy the .ex4 file to your MetaTrader 4 Experts folder. Attach it to charts of your preferred currency pairs or instruments. Use the free set files available on the developer's blog for optimal configuration. Contact the developer after purchase to receive instructions and bonus.

Use the free set files available on the developer's blog for optimal performance. Key settings include maximum spread, trading hours, magic number, time frame selection, auto lot calculation, lot multipliers, maximum lot size, take profit, stop loss, and dynamic distance settings. Choose between order networks or stop-loss strategies based on your risk preference.

The EA uses a trend indicator to detect color changes, which signal potential trade opportunities. When the indicator changes color, the EA initiates trades based on your chosen approach (order networks or stop-loss strategies). The trend-following approach helps identify market direction and enter trades in the direction of the trend.