📌 Introduction

The DARK KNIGHT INDICATOR V1.00 is a sophisticated trend-following indicator for MetaTrader 5 that combines EMA crossover, trend filtering, and RSI confirmation to generate high-probability trading signals. It operates on a multi-layer confirmation system, ensuring trades are only taken when momentum, short-term trend, and overall market structure align. The indicator is designed to cut through market noise, providing clear entry and exit points while maintaining strict risk management protocols.

⚡ Key Features

Multi-Layer Confirmation System - Combines EMA crossover (Fast 8 / Slow 21), Trend EMA (50), and RSI (14) for signal validation
Cross-Asset Compatibility - Works seamlessly on Forex, Gold (XAUUSD), Silver, Indices (US30, NAS100), and Cryptocurrencies
Live Dashboard Display - Shows real-time account balance, equity, signal status, EMA/RSI values, and open trade statistics
Comprehensive Alert System - Pop-up, push notification, and email alerts for trade signals and critical updates
Fully Customizable Parameters - All EMAs, RSI periods, thresholds, and risk settings are adjustable
No Martingale or Grid - Uses safe, independent trade logic without dangerous doubling-down strategies
Transparent Decision Making - Every trade is backed by clear, logical technical conditions visible on the chart
Automatic Stop Loss & Take Profit - Built-in SL/TP with trailing stop functionality to lock in profits
Session Filter - Option to set specific trading hours to avoid volatile or low-liquidity periods
DLL-Free Installation - Clean, secure code that installs easily on any MT5 platform

⚙️ Recommended Settings

Default Parameters (H1 Timeframe):

Fast EMA Period: 8
Slow EMA Period: 21
Trend EMA Period: 50
RSI Period: 14
RSI Buy Threshold: Above 50
RSI Sell Threshold: Below 50

Forex Pairs (EURUSD, GBPUSD, USDJPY):

Stop Loss: 30 pips
Take Profit: 60 pips
Risk Per Trade: 1.5%

Gold (XAUUSD):

Stop Loss: 150 pips
Take Profit: 300 pips
Risk Per Trade: 1.0%

Indices (US30, NAS100):

Stop Loss: 50 pips
Take Profit: 100 pips
Risk Per Trade: 1.0%

Risk Profile Adjustments:

Conservative Mode: 1.0% risk, Max 1 trade, Enable all filters
Aggressive Mode: 2.0% risk, Max 2 trades, Disable crossover requirement

✅ Advantages

Strong risk management with automatic SL, TP, and Trailing Stop
No dangerous Martingale or Grid strategies
Works across multiple asset classes (Forex, Gold, Indices, Crypto)
Transparent trading logic with real-time dashboard visibility
Clean, DLL-free code for secure and easy installation
Suitable for both beginners and experienced traders
Reduces emotional trading through automated signal generation
Independent trade decisions prevent catastrophic drawdowns

❌ Disadvantages

Underperforms in choppy, sideways or ranging market conditions
Lagging indicator nature means entries occur after trend begins
Requires manual optimization of settings for different assets
Not designed for scalping or very short timeframes
May generate fewer signals during low volatility periods

🎯 Ideal For

Busy professionals seeking automated trading solutions
Disciplined traders who prioritize risk management
Those looking to avoid high-risk Martingale/Grid systems
Beginners wanting to learn structured trend-following strategies
Multi-asset traders needing a versatile indicator system

Conclusion

The DARK KNIGHT INDICATOR V1.00 MT5 is not a "get rich quick" scheme. It is a sophisticated, professionally designed tool for traders who are serious about their craft. It represents a disciplined approach to the markets, prioritizing capital preservation and logical decision-making over gambling.

Its strength lies in its multi-layered confirmation logic and robust risk management. By waiting for a consensus between EMAs and the RSI, the DARK KNIGHT INDICATOR V1.00 filters out the noise of the market and aims to only participate in trades with high-probability setups. Its compatibility with Forex, Gold, indices, and crypto adds to its appeal, making it a versatile asset in any trader's toolkit.

Support & Disclaimer

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

WhatsApp: Click here

Telegram Group: Join our community

Disclaimer:

Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management