EA Black Dragon MT4 & MT5 + SetFiles (Official version)

Q: 1. What is EA Black Dragon?

EA Black Dragon is a fully automated, trend-following Expert Advisor for MetaTrader 4 and 5, built around the proprietary Black Dragon indicator. It executes trades based on indicator color changes, offering users the flexibility to trade with either a grid/averaging strategy or a traditional Stop Loss approach, depending on their risk tolerance.

Q: 2. How does EA Black Dragon work?

EA Black Dragon identifies trade entries based on trend direction changes detected by its custom Black Dragon indicator, which uses smoothed moving averages and price action. The EA can open a single trade or multiple trades in a grid pattern and comes equipped with money management, trailing stops, and drawdown-reducing functions like Overlap Last Order.

Q: 3. Is EA Black Dragon suitable for beginners?

Yes. EA Black Dragon includes plug-and-play presets for popular forex pairs like EURUSD, GBPUSD, and XAUUSD, making it beginner-friendly. It also offers advanced customization options for experienced users who want to tweak settings for performance, risk, or account size.

Q: 4. What kind of results can EA Black Dragon deliver?

According to verified live trading results: ✅ Initial Deposit: $1,000 ✅ Growth: +813% in 3 weeks ✅ Win Rate: 74.2% In backtests, it generated over $1.25 million profit with a 14.31% max drawdown and a CAGR of 182.56%, trading multiple currency pairs.

Q: 5. Does EA Black Dragon use Martingale or Grid strategies?

EA Black Dragon offers optional grid functionality, allowing users to choose between fixed Stop Loss-based trading or grid/averaging strategies. Importantly, the EA includes safeguards like maximum order limits and drawdown reduction functions, helping mitigate the risks typically associated with grid systems.

Q: 6. What is included in the EA Black Dragon download package?

The product suite includes: ✅ EA Black Dragon .ex4 and .ex5 files for MT4/MT5 ✅ Over a dozen .set files preconfigured for specific currency pairs and timeframes (e.g., EURUSD, XAUUSD, GBPUSD, etc.) ✅ Support for both 2- and 3-digit brokers These files allow for easy setup across a range of trading environments.

Check before you buy

Will it work for me?

Trading platform

MetaTrader 5 (MT5) & MetaTrader 4 (MT4)

Time frames

Any

Currency pairs

XAUUSD (Gold), Pairs

Type of account

Any

Recommended deposit (Min)

$100

Recommended leverage (Min)

1:30

Product type

NoDLL / Fix

What you get

In the download

COMEA Black Dragon by eaforexstore.com

Full review

What is EA Black Dragon?

EA Black Dragon is a fully automated trading Expert Advisor built for MetaTrader platforms, designed to trade Forex using a combination of trend analysis and dynamic filtering systems. Known for its adaptive strategy and sleek performance, EA Black Dragon targets consistent profits by identifying optimal entries during strong market momentum — without relying on risky strategies like martingale or grid.

Vender Website

About the Developer

• Author: Ramil Minniakhmetov
• Experience: Over 12 years of experience on MQL5.
• Notable Products: Creator of EA Black Dragon, Gold Dragon Bot, Hamster Scalping, BTC bot mt4.
• Flagship Product: EA Black Dragon highlighted as his best-performing product in 12 years.

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Key Features of EA Black Dragon

Intelligent Market Analysis: Proprietary algorithm for real-time analysis, identifying trends, support/resistance, and breakout points.
Adaptive Trading Strategy: Dynamic stop-loss and take-profit levels, intelligent money management rules for capital protection and profit maximization.
Multi-Currency Pair Compatibility: Versatile performance across major and minor currency pairs (e.g., EUR/USD, GBP/USD, USD/JPY, XAUUSD).
Robust Risk Management: Customizable risk settings to define acceptable risk per trade and prevent excessive drawdowns.
Automated Trade Execution: Eliminates emotional trading and manual intervention, ensuring discipline and consistency.
User-Friendly Setup: Easy installation and configuration on MT4 with comprehensive instructions.
Backtested & Optimized Performance: Extensively tested across historical data, demonstrating strong and consistent results.
24/7 Monitoring (with VPS): Recommendation for optimal, uninterrupted operation via Virtual Private Server (VPS).
Regular Updates & Dedicated Support: Ongoing updates and customer support for evolving market conditions and queries.

Why choose EA Black Dragon?

Reduced Emotional Trading: Algorithm-driven decisions eliminate psychological biases.
Time Efficiency: Frees up time by automating market monitoring and trade execution.
Diversification Potential: Ability to utilize on multiple accounts or currency pairs.
Potential for Consistent Profitability: Engineered for long-term, sustainable growth.

EA Black Dragon Performance & Results

1. EA Black Dragon Live Results:

Example: +813% total growth from an initial deposit of $1,000.
Impressive: 74.2% win rate.

2. EA Black Dragon Backtest Results:

Example: Total return of $1,254,938.
Impressive: 71.43% win rate.
Strong risk management with a maximum drawdown of just 14.31%.

User Testimonials and Community Reviews

🔹EA Black Dragon delivers outstanding trading performance, particularly when optimized for the XAUUSD pair, showcasing its potential to generate consistent profits. Highly rated and trusted by the MQL5 community, this expert advisor combines advanced strategies with reliable results, making it a top choice for traders seeking efficiency and profitability in the forex market. Here are 2 star user reviews:
➦Najmul Hasan (2025.07.11): “The Best EA i have ever used. I have tried several EAs before, but all have made me lose. I found this EA profitable and can make money fast. Users need to be familiar and practice and follow the instruction before use this EA in live account. I want to thank the developer, this EA has lots of support files and instructions. I suggest using Black Dragon Indicator or Trend AI Indicator with this EA to get the best results. I will RECOMMEND this EA.”
➦Milad fazeli (2025.07.09): “To be honest, one of the best indicator out there.”

What's Included in the EA Black Dragon Package?

Expert Files:
- EA Black Dragon_fix_.ex4
- EA Black Dragon_fix_.ex5
Comprehensive Preset Files:
- Examples: EA_Black_Dragon_mt4_audcad_m15.set, EA_Black_Dragon_mt4_eurusd_m15.set, EA_Black_Dragon_mt4_xauusd_2_digits_m15.set (list key examples).

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EA Black Dragon Settings Overview

EA Black Dragon is a trend-based Expert Advisor for MetaTrader, using bar-based logic and optional stochastic filters. It supports both scalping and swing trading through smart grid recovery and trailing systems. Follow this streamlined guide for optimal installation and performance.

🔹 Step 1: Download & Install the EA

Download the EA Black Dragon (.ex4 or .ex5) file.
Open MetaTrader (MT4 or MT5).
Go to File → Open Data Folder → MQL4/MQL5 → Experts.
Paste the EA file into the Experts folder.
Restart MetaTrader to load the EA.

🔹 Step 2: Attach EA to a Chart

Open your preferred trading pair (e.g., XAUUSD, EURUSD).
Recommended timeframe: M15, H1, or as desired.
Drag and drop EA Black Dragon onto the chart.
Enable AutoTrading from the top toolbar.

🔹 Step 3: Configure Key EA Parameters

📌Core Settings

New Cycle: true → Allows automatic re-entry after cycle completion.
Trade Buy/Sell: true → Enables both long and short positions.
Initial Lot: 0.01
Lot Multiplier: 1.5
Autolot: false → Fixed lot size for better exposure control.

📌Grid & Order Control

Max Buy/Sell Orders: 10
Max Lot: 5.0
Distance Between Orders: 200 points
→ Provides structured grid trading while capping exposure.

📌Take Profit & Trailing Logic

Take Profit: 1000 points (with Live Bar closing logic)
Stop Loss: 0 (disabled)
Trailing Start: 600 points
Trailing Distance: 100 points
→ Automatically locks profits when price moves in your favor.

📌 Time Control

Start/End Hour: 0–0 → Active 24/5
End Time Friday: 22:30 → Prevents weekend gap exposure.

📌Optional Filters

Stochastic Filter: false by default
If enabled, use:
Up Level: 90, Down Level: 10
KPeriod: 7, DPeriod: 3, Slowing: 2

📌 On-Screen Monitoring

Show Statistics & Draw On Chart: true
Customize fonts/colors for better visibility.

Conclusion

Overall, EA Black Dragon stands out as a top-tier automated trading solution for MetaTrader 4 users, offering a powerful combination of intelligent market analysis, adaptive strategies, and robust risk management. Its proven performance—both in live trading and backtesting—demonstrates its potential to deliver consistent profitability with minimal drawdowns.
Designed for traders seeking efficiency, discipline, and long-term growth, this Expert Advisor eliminates emotional bias while allowing diversification across multiple currency pairs.

>>> Reviewed by Jason Stap <<<

Questions about EA Black Dragon MT4 & MT5

1. What is EA Black Dragon?

EA Black Dragon is a fully automated, trend-following Expert Advisor for MetaTrader 4 and 5, built around the proprietary Black Dragon indicator. It executes trades based on indicator color changes, offering users the flexibility to trade with either a grid/averaging strategy or a traditional Stop Loss approach, depending on their risk tolerance.

2. How does EA Black Dragon work?

EA Black Dragon identifies trade entries based on trend direction changes detected by its custom Black Dragon indicator, which uses smoothed moving averages and price action. The EA can open a single trade or multiple trades in a grid pattern and comes equipped with money management, trailing stops, and drawdown-reducing functions like Overlap Last Order.

3. Is EA Black Dragon suitable for beginners?

Yes. EA Black Dragon includes plug-and-play presets for popular forex pairs like EURUSD, GBPUSD, and XAUUSD, making it beginner-friendly. It also offers advanced customization options for experienced users who want to tweak settings for performance, risk, or account size.

4. What kind of results can EA Black Dragon deliver?

According to verified live trading results: ✅ Initial Deposit: $1,000 ✅ Growth: +813% in 3 weeks ✅ Win Rate: 74.2% In backtests, it generated over $1.25 million profit with a 14.31% max drawdown and a CAGR of 182.56%, trading multiple currency pairs.

5. Does EA Black Dragon use Martingale or Grid strategies?

EA Black Dragon offers optional grid functionality, allowing users to choose between fixed Stop Loss-based trading or grid/averaging strategies. Importantly, the EA includes safeguards like maximum order limits and drawdown reduction functions, helping mitigate the risks typically associated with grid systems.

6. What is included in the EA Black Dragon download package?

The product suite includes: ✅ EA Black Dragon .ex4 and .ex5 files for MT4/MT5 ✅ Over a dozen .set files preconfigured for specific currency pairs and timeframes (e.g., EURUSD, XAUUSD, GBPUSD, etc.) ✅ Support for both 2- and 3-digit brokers These files allow for easy setup across a range of trading environments.