Name: EA Black Dragon V16.0 MT4 - Free Downlaoad
Price: 20.00 USD
Availability: InStock

EA Black Dragon V16.0

The EA Black Dragon V16.0 is a robust and adaptable forex expert advisor (EA) designed to automatically trade the EURUSD , GBPUSD and XAUUSD currency pairs. The EA employs a special set of trading rules and indicators to place trades and manage open positions. It’s straightforward to set up and operate, making it accessible even for traders without extensive expertise.

Description

EA Black Dragon V16.0

The EA Black Dragon V16.0 is a sophisticated Expert Advisor (EA) designed for the MetaTrader 4 (MT4) platform. This EA is optimized for trading multiple currency pairs, including XAUUSD, EURUSD, and GBPUSD, with a particular recommendation for XAUUSD. It leverages the RK Han Stochastic Indicator to execute trades with precision, making it an excellent choice for traders aiming to capitalize on market movements.

Key Features

Minimum Deposit: $100 (Recommended: $500)
Timeframe: M5-H1 (Recommended: H1)
Platform: MetaTrader 4 (MT4)
Lot Sizes: Automatically adjusted based on account balance
Currency: XAUUSD, EURUSD, GBPUSD (XAUUSD recommended)

Strategy Overview

The EA Black Dragon V16.0 employs a scalping strategy that focuses on short-term market movements. This strategy is designed to take advantage of small price fluctuations, ensuring quick entry and exit points to maximize profits. The EA uses the RK Han Stochastic Indicator to identify optimal trading opportunities.

How the EA Takes Trades

Market Analysis: The EA continuously monitors the selected currency pairs, analyzing price movements and market trends using the RK Han Stochastic Indicator.
Signal Generation: Based on the indicator’s signals, the EA generates buy or sell signals.
Trade Execution: Upon receiving a signal, the EA executes the trade with predefined stop loss (SL) and take profit (TP) levels.
Risk Management: The EA ensures each trade adheres to strict risk management protocols, minimizing potential losses.

Benefits of Using EA Black Dragon V16.0

Automated Trading: Eliminates the need for manual intervention, allowing traders to benefit from market opportunities 24/7.
User-Friendly: Easy to install and configure, making it accessible for traders of all experience levels.
Consistent Performance: Designed to deliver consistent results by leveraging the high volatility and liquidity of the recommended currency pairs.