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The Dark Candle EA MT4 – Free Download

The Dark Candle EA MT4 – Free Download

$0.00Price
REQUIREMENTS
Recommend deposit  500 USD 
MT4 Account
VPS (Recommended)
 
FILES
1 Expert Advisor file
User Manual

  • Description

    In the dynamic world of forex trading, staying ahead requires cutting-edge tools and strategies. One such powerful tool is the Dark Candle EA, an expert advisor designed for the MetaTrader 4 (MT4) platform. This article delves into the intricacies of the Dark Candle EA, shedding light on its features, parameters, and a comprehensive backtest to evaluate its performance.

    The Dark Candle EA employs a sophisticated algorithm that identifies and follows market trends. This advanced algorithm considers a broad range of market data and historical information to make accurate predictions. Its adaptive design ensures effectiveness in varying market conditions, making it a standout tool for traders.

     Terminal: MT4

     Year of issue: 2023

     Working pairs: EURUSD

     Recommended timeframe: H1

     Minimum Deposit: $1000

    Strategy: Order Grid and Martingale

  • Parameters

    • Allow Buy: Enables the EA to open buy trades.
    • Allow Sell: Enables the EA to open sell trades.
    • Max Number of Orders: Sets the maximum number of orders the EA can have open simultaneously.
    • Max One Trade Any Bar: Determines if the EA can open only one trade per bar.
    • FIFO Closing: Specifies whether the EA uses the First In First Out mode for closing trades.
    • Allow Buy and Sell at Same Time: Enables opening both buy and sell trades simultaneously.
    • Magic Number: Assigns an ID number to the orders.
    • Max Spread: Sets the maximum spread for trading.
    • Max Average Spread: Specifies the maximum average spread before the EA refrains from opening a trade.

  • Money Management Settings

    • Lots: The number of lots if money management is disabled.
    • Money Management: Enables or disables the money management option.
    • Risk Percent: Indicates the risk percentage when money management is enabled.

  • Indicators Settings

    • Stochastic Timeframe: Timeframe for the Stochastic indicator.
    • Stochastic Slow K, Slow D, Slowing: Parameters for the Stochastic indicator.
    • Stochastic MA Mode: Moving average method for the Stochastic indicator.
    • Stochastic Price: Price used for Stochastic indicator calculation.
    • ATR Timeframe: Timeframe for the Average True Range (ATR) indicator.
    • Main ATR Periods: Number of periods for the main ATR calculation.
    • Entry Timing: Specifies if the EA uses an algorithm to determine the best time to open trades.

  • FAQ’s

    1. How do the EA’s work?

    EA’s also known as expert advisors are a form of artificial intelligence that automatically trades on your behalf.

    2. When do I get the product?

    You could directly download the files from our website and also The download link will be sent to you directly by email after your purchase.

    3. How do I install EA?

    Our EA’s easy to install, use our installation you will recieve a pdf guid how to install ea robot step by step..

    4. Can I use the EA on android/IOS?

    The EA’s can only be installed on the MT4 application on your computer but can be monitored using your smartphone.

    5. Can I have multiple accounts?

     Unlimited

     6. Can I need key to activate ea robot ?

    you don`t need an activation key it is ready to use.

     7. What kind of support do you offer?

    We offer our clients support daily from 7 am to 7pm (GMT) on several platforms such as Email, whatssap and social media.

    8. WHAT IS THE MONTHLY GAIN?

    Monthly gains vary based on both the market and EA for better clarification please see the picture above. 

     

  • In Conclusion

    The Dark Candle EA emerges as a robust trading tool, showcasing its adaptability and potential profitability through a comprehensive backtest. Traders seeking advanced strategies and precise market trend identification may find the Dark Candle EA a valuable addition to their arsenal. However, cautious implementation and thorough understanding of the parameters are crucial for maximizing its effectiveness in live trading scenarios.

    Test Period: 2004.01.01 – 2023.11.20
    Tick Data Provider: Ducaskopy (TDSv2)
    GMT: +2; DST: US

    • Initial Capital: $1000.00
    • Gross Profit: $9180.63
    • Profit Factor: 2.61
    • Expected Payoff: $251
    • Maximal Drawdown: $1269.11 (480%)

    Total Trades: 9655

    • Short Positions (Won %): 5515 (75.34%)
    • Profit Trades (% of Total): 75.56%
    • Largest Profit Trade: $166.41
    • Average Profit Trade: $537
    • Maximum Consecutive Wins (Profit in Money): 30 (38.03%)
    • Maximal Consecutive Profit (Count of Wins): $458.53 (6)
    • Average Consecutive Wins: 4
    • Relative Drawdown: 66.49%
    • Long Positions (Won %): 4140 (75.85%)
    • Loss Trades (% of Total): 24.44%
    • Largest Loss Trade: -$145.59
    • Average Loss Trade: -$635
    • Consecutive Losses (Loss in Money): 12 (-$1218.39)
    • Max Consecutive Loss (Count of Losses): -$1218.39 (12)
    • Average Consecutive Losses: 1

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