EA Black Dragon MT4 & MT5 + Setfiles

EA Black Dragon – Trend-Following Order Network for MT4 and MT5

EA Black Dragon is a trend-indicator Expert Advisor by Ramil Minniakhmetov, available on MQL5 Market for both MetaTrader 4 and MetaTrader 5. An author-linked MQL5 live signal shows 813% growth and a 2.23 profit factor across 330 trades, though the signal history covers only 3 weeks and the equity drawdown reached 78%. A supporting Quant Analyzer portfolio backtest across four pairs from January 2021 to January 2023 recorded a 2.99 profit factor and 14.31% drawdown as a longer mechanical reference.

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Key Highlights

• ✅ Available for MT4 (v17.0) and MT5 (v13.0) — sold as separate MQL5 Market products
• ✅ Order-network structure: up to 10 buy and 10 sell orders per direction with a 1.5x lot multiplier and 5.0 max lot cap
• ✅ Optional stochastic filter (90/10 overbought/oversold) for additional entry confirmation
• ✅ Built-in spread filter (200-point maximum), trailing stop, and overlap-last-order logic
• ✅ Hedging account required; ECN/STP execution recommended

Performance Results

The primary proof source is the author-linked MQL5 Signal on a Weltrade-Live MT4 account under Ramil Minniakhmetov. It shows 813% growth, a 2.23 profit factor, a 74.2% win rate, and 330 trades from a $1,000 starting deposit. The account reached over $6,700 equity. These results reflect aggressive settings at 1:1000 leverage, and the signal subscription is restricted for accounts above 1:500 leverage.

Three weeks of live history is not enough to confirm long-term durability. The equity drawdown reached 78% within that window — meaning account equity fell to roughly 22% of its peak value — and the max deposit load reached 168.3%, confirming that margin exposure substantially exceeded the starting balance at peak. These figures are the direct consequence of the order-network structure compounding at 1.5x lot multiplier across up to 10 simultaneous positions.

A supporting Quant Analyzer portfolio backtest covering EURUSD, GBPUSD, NZDUSD, and USDCAD from January 2021 to January 2023 recorded a 2.99 profit factor, 71.43% win rate, and 14.31% drawdown across 2,888 trades. Modeling quality and data source are not documented — treat this as directional evidence, not performance confirmation.

Neither source confirms long-term live reliability. Extended demo validation of at least 60–90 days is mandatory before live deployment. View the author-linked MQL5 live signal.

How It Works

Strategy: Trades based on color changes of the Black Dragon trend indicator. Opens a sequential network of orders in the signal direction across multiple pairs.

Entry: Primary trigger is a Black Dragon indicator color change. An optional stochastic filter (overbought/oversold at 90/10 levels) can add confirmation. Default settings run without the stochastic filter active.

Exit: Take profit set at 100 points using the Live Bar option. Trailing stop activates at 600 points with a 100-point trail distance. Overlap-last-order logic can close or compress the final order in a series to reduce exposure.

Risk Control: Initial lot of 0.01 with a 1.5x multiplier per subsequent order. Max buy and sell orders capped at 10 each. Max lot hard-capped at 5.0. Spread filter set at 200 points maximum. Friday trading ends at 22:30. Stop loss input is present but set to 0 in the documented default configuration — no hard floor on individual trade losses.

✅ Best conditions: Trending markets — Low-spread ECN execution — Hedging-enabled broker account

⚠️ Caution: Choppy or ranging markets where frequent indicator reversals trigger multiple network expansions — High-spread environments that breach the 200-point filter — Leverage below 1:500, which restricts MQL5 signal subscription access

Technical Specifications

Who Should Use This EA

✅ Ideal for:

• Experienced EA traders who understand order-network drawdown mechanics and can manage exposure actively
• Traders running dedicated capital on a hedging-enabled ECN account at 1:500 or higher leverage
• Buyers prepared to run 60–90 days of demo testing before committing live funds given the short verified signal history

✅ Best results when:

• Initial lot size is kept small relative to total account balance to allow the full 10-order network to open without hitting margin limits
• Broker spreads stay consistently below the 200-point filter threshold during active trading hours

Not suitable for traders who require low-exposure equity curves or who plan to run this on a fixed-spread or dealing-desk broker account.

Download Package Included

• ✅ Experts:
  • EA Black Dragon .ex4
  • EA Black Dragon .ex5
• ✅ Presets:
  • EA_Black_Dragon_mt4_audcad_m15.set
  • EA_Black_Dragon_mt4_audusd_m15.set
  • EA_Black_Dragon_mt4_chfjpy_3digits_m15.set
  • EA_Black_Dragon_mt4_eurcad_m15.set
  • EA_Black_Dragon_mt4_eurusd_m15.set
  • EA_Black_Dragon_mt4_gbpaud_m15.set
  • EA_Black_Dragon_mt4_gbpnzd_m15.set
  • EA_Black_Dragon_mt4_gbpusd_m15.set
  • EA_Black_Dragon_mt4_nzdusd_m15.set
  • EA_Black_Dragon_mt4_usdcad_m15.set
  • EA_Black_Dragon_mt4_usdchf_m15.set
  • EA_Black_Dragon_mt4_usdjpy_3_digits_m15.set
  • EA_Black_Dragon_mt4_xauusd_2_digits_m15.set
  • EA_Black_Dragon_mt4_xauusd_3_digits_m15.set

Product download link is sent immediately via email after purchase.

Frequently Asked Questions