EA Black Dragon MT5

Open new series – True/False – EA will open another series of orders (enable/disable)

·         Trade Buy – True/False – EA will buy or not buy (enable/disable)

·         Trade Sell – True/False – EA will sell or not sell (enable/disable)

·         Manage manual orders – True/False – If true EA will manage manual orders (enable/disable)

·         Use hedge – True/False – EA will hedge (buy and sell)

·         Order Comment – Type in comment of your choice

·         Max spread (0-not use) – Maximum spread allowed

·         Start Hour – the hour that the EA will start trading

·         End Hour – the hour that the EA will stop trading

·         Magic – the number for the EA to recognize it’s own positions

·         TF Black Dragon – choose time frame from selection

·         Use stochastic – True/False – if True EA will use stochastic settings below to enter trades

·         Max buy orders – Maximum buy orders allowed

·          Max sell orders – Maximum sell orders allowed 

·          Initial Lot – Start lot 

·          Autolot – True/False – enable/disable auto lot calculation 

·          Autolot size – Amount of the deposit on which start lot is to be used when auto lot is True 

·          Lot multiplier – Lot multiplier for subsequent orders 

·          Max Lot – Maximum lot size that can be opened by EA 

·          TP (0-not use) – Take profit in pips 

·          SL (0-not use) – Stop loss in pips 

·          Overlap last order – True/False – The first and last order will close together and cancel each other out to reduce draw down (enable/disable) 

·          Overlap last order number – At what order number will the overlap start? 

·          Overlap percent – The percentage profit after first order will close in loss and last order will close in profit, recovering the loss plus X percent 

·           Pause between orders (min 0 – not use) – Amount of minutes to pause between orders

·           Fix distance – The distance between orders

·           Order dinamic distance – From which order will the dynamic distance begin (number)

·           Dynamic distance start –This value sets the distance between first order and market price, where the dynamic distance will begin 

·           Distance multiplier – The multiplier factor for increasing distance between orders