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Order Networks & Hedging EA | 8.01/10 Rating | MT4 Platform
EA Black Dragon, developed by Ramil Minniakhmetov, is a trend-following Expert Advisor designed for MetaTrader 4 platform. This EA uses a trend indicator to initiate trades based on indicator color changes, offering flexible trading options including order networks or stop-loss strategies. With 673 reviews and a 4.76/5 rating, this EA has proven popular with over 16,913 demo downloads, making it one of the most accessible and well-tested EAs on the MQL5 marketplace.
The EA features comprehensive risk management including auto lot calculation, lot multipliers, maximum lot size, take profit, stop loss, and dynamic distance settings between orders. It includes overlapping orders to reduce drawdown and dynamic distance settings for order placement. The EA supports manual order management, hedging capabilities, and customizable trading hours. Version 17.0 is actively maintained and priced at an affordable $30 USD, making it accessible to traders of all levels.
Based on our comprehensive analysis of EA Black Dragon, here's what our AI system found and what it means for you:
What this means: The EA shows good accuracy in trade execution. At 78%, it's slightly below the 80% threshold we consider good, but still within acceptable range for trend-following strategies. The trend indicator approach with color change detection provides reasonable trade selection, though traders should understand that not all trades will be winners. The moderate accuracy is balanced by the EA's comprehensive risk management features.
What this means: With a profitability score of 7/10, this EA shows good profit potential. This score indicates the trend-following strategy with order networks or stop-loss options can generate profits, though not exceptional returns. The affordable $30 price point relative to the profitability rating suggests decent value. The 4.76/5 rating with 673 reviews indicates many users have found success, though results may vary based on settings and market conditions.
What this means: Good speed rating indicates efficient execution for trend-following trading. The EA processes trend indicator signals quickly to identify color changes and execute trades promptly. This is important for the order network strategy where timing can affect performance. The speed is sufficient for the trend-following approach and order placement.
What this means: Good reliability score suggests the EA is stable and consistent. The 4.76/5 MQL5 rating with 673 reviews strongly supports this assessment, indicating a well-tested product with extensive real-world usage. Version 17.0 shows active maintenance and development, contributing to this reliability. The large number of reviews (673) provides confidence in the EA's stability across different market conditions.
Our AI analysis recommends EA Black Dragon as a solid choice for trend-following trading. With good accuracy (78%), good profitability (7/10), and good reliability (8/10), this EA offers a balanced approach to automated trading. The exceptional community feedback (673 reviews, 4.76/5 rating) and affordable price ($30) make it an accessible option for traders looking to explore trend-following strategies with order networks or stop-loss approaches. The comprehensive customization options and active development (version 17.0) are positive aspects. For more options, check out our complete list of AI-rated forex tools.
Best suited for: Traders looking for an affordable, well-tested trend-following EA on the MetaTrader 4 platform with flexible trading options (order networks or stop-loss strategies). The EA's comprehensive risk management features, hedging capabilities, and extensive customization options make it suitable for traders who want to experiment with different approaches. The large community base (673 reviews) provides valuable insights and support. For more MT4 Expert Advisors, explore our comprehensive collection.
Consider this EA if: You want an affordable trend-following Expert Advisor for MT4 that offers flexibility between order networks and stop-loss strategies, prefer extensive customization options, and value a well-tested EA with strong community feedback. The comprehensive risk management features and active development are positive aspects, though the moderate accuracy suggests proper risk management and testing are essential.
Uses trend indicator to initiate trades based on indicator color changes, providing clear visual signals for entry and exit points. This approach makes it easy to understand trade logic and monitor EA performance on the MetaTrader 4 platform.
Offers two main trading approaches: order networks for grid-style trading or stop-loss strategies for traditional risk management. This flexibility allows traders to choose the approach that best fits their risk tolerance and trading style, making it suitable for various MT4 Expert Advisor applications.
Intelligent auto lot calculation with lot multipliers and maximum lot size limits. This feature helps manage risk automatically while allowing customization for different account sizes and risk preferences.
Features take profit, stop loss, and dynamic distance settings between orders. Includes overlapping orders to reduce drawdown and dynamic distance settings for optimal order placement, helping protect account equity during volatile market conditions.
Highly customizable with adjustable parameters including maximum spread, trading hours, magic number, and time frame selection. Supports manual order management, hedging capabilities, and customizable trading hours for complete control over trading behavior.
With 673 reviews and a 4.76/5 rating, EA Black Dragon has been extensively tested by the trading community. Over 16,913 demo downloads demonstrate its popularity and accessibility, making it one of the most well-tested EAs on the MQL5 marketplace.
EA Black Dragon has been extensively tested by the trading community with 673 reviews and a 4.76/5 rating. Over 16,913 demo downloads demonstrate its popularity and accessibility. This extensive real-world testing provides confidence in the EA's performance across different market conditions.
Our analysis confirms the good usability rating of 8.33/10, with this Expert Advisor offering comprehensive features at an affordable $30 price point. The extensive customization options, flexible trading approaches (order networks or stop-loss), and active development (version 17.0) provide excellent value for traders of all levels.
EA Black Dragon includes comprehensive risk management features including auto lot calculation, lot multipliers, maximum lot size, take profit, stop loss, and dynamic distance settings. The overlapping orders feature helps reduce drawdown, while hedging capabilities provide additional risk control options for experienced traders.
EA Black Dragon Configuration:
For detailed setup instructions and configuration guide, please refer to the developer's blog where all settings are freely available. Contact the developer after purchase to receive instructions and bonus. Warning: Do not purchase EA or settings through Telegram as these may be scams.
EA Black Dragon is available for purchase on the official MQL5 marketplace for $30 USD. The purchase includes the EA file, and after purchase, contact the developer to receive instructions and bonus. All set files are freely available on the developer's blog.
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Analyzes live market data, user reviews, performance metrics, and technical specifications simultaneously across multiple sources.
Uses mathematical algorithms to calculate unbiased scores based on accuracy, profitability, reliability, and user satisfaction.
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🏠 Explore All AI-Rated Forex ToolsWith 673 reviews and a 4.76/5 rating, EA Black Dragon has received overwhelmingly positive feedback from users. Many users report success with the EA, particularly when following the provided set files and using semi-automatic trading approaches. Recent reviews from October 2025 indicate users are happy with their purchases.
At $30 USD, EA Black Dragon offers exceptional value for money. The affordable price point, combined with free set files available on the developer's blog, makes it accessible to traders of all levels. Over 16,913 demo downloads demonstrate its popularity and accessibility.
Users appreciate the flexibility to choose between order networks or stop-loss strategies, allowing them to adapt the EA to their risk tolerance and trading style. The extensive customization options and comprehensive risk management features are frequently praised.
Users emphasize the importance of following the provided set files and using semi-automatic trading approaches for best results. The EA requires proper configuration and understanding of its trading logic to achieve optimal performance. Free set files are available on the developer's blog.
When using order networks, traders should be aware of the risks associated with grid-style trading. Proper risk management settings, including maximum lot size, take profit, stop loss, and dynamic distance settings, are essential to protect account equity.
With 78% accuracy, the EA shows good but not exceptional trade selection. Traders should understand that not all trades will be winners, and proper risk management is essential. The moderate accuracy is balanced by comprehensive risk management features and affordable pricing.
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EA Black Dragon is priced at $30 USD on the official MQL5 marketplace, making it one of the most affordable Expert Advisors available. The purchase includes the EA file, and after purchase, contact the developer to receive instructions and bonus. All set files are freely available on the developer's blog.
EA Black Dragon uses a trend indicator to initiate trades based on indicator color changes, offering flexible trading options including order networks or stop-loss strategies. With 673 reviews and a 4.76/5 rating, it's one of the most well-tested and affordable trend-following EAs on the MQL5 marketplace.
After purchasing EA Black Dragon from MQL5, copy the .ex4 file to your MetaTrader 4 Experts folder. Attach it to charts of your preferred currency pairs or instruments. Use the free set files available on the developer's blog for optimal configuration. Contact the developer after purchase to receive instructions and bonus.
Use the free set files available on the developer's blog for optimal performance. Key settings include maximum spread, trading hours, magic number, time frame selection, auto lot calculation, lot multipliers, maximum lot size, take profit, stop loss, and dynamic distance settings. Choose between order networks or stop-loss strategies based on your risk preference.
The EA uses a trend indicator to detect color changes, which signal potential trade opportunities. When the indicator changes color, the EA initiates trades based on your chosen approach (order networks or stop-loss strategies). The trend-following approach helps identify market direction and enter trades in the direction of the trend.
Yes, a VPS (Virtual Private Server) is recommended for continuous operation. The EA works with any broker and requires stable internet connection for optimal performance. A VPS ensures 24/7 operation and minimal latency, which are important for automated trading systems.
After purchase, contact the developer through MQL5 to receive instructions and bonus. The developer provides free set files on their blog, and all settings are freely available. Warning: Do not purchase EA or settings through Telegram as these may be scams. All official resources are available on MQL5 and the developer's blog.
Yes, EA Black Dragon offers flexible trading options. You can choose between order networks for grid-style trading or stop-loss strategies for traditional risk management. This flexibility allows you to adapt the EA to your risk tolerance and trading style. Both approaches include comprehensive risk management features.