EA Black Dragon EA V13.0 MT5 is a powerful automated trading system designed specifically for XAUUSD (Gold) on the M15 timeframe. This Expert Advisor combines trend-following logic with advanced grid management and hedging capabilities to deliver consistent performance in volatile gold markets. With over 13,000+ downloads and a proven track record since 2021, this EA has become a trusted choice for forex traders worldwide.

🔥 Key Features

Proprietary Trend Indicator: Uses color-coded signals for precise trade entries
Dual Trading Modes: Fixed stop-loss OR grid averaging strategy
Advanced Risk Management: Overlap functionality to reduce drawdown
Dynamic Position Sizing: Auto-lot calculation based on account balance
Hedging Support: Works on hedging accounts with buy/sell positions
Flexible Grid Management: Fixed & dynamic distance with multiplier
Time Controls: Set specific trading hours to avoid volatile sessions
Manual Order Integration: Manage manually opened positions

⚙️ Recommended Settings

Pair: XAUUSD (Gold)
Timeframe: M15
Account Type: Hedging account preferred
Initial Lot: 0.01 (cent account) / 0.10 (standard)
Max Orders: 4 buy / 4 sell
Overlap: Enabled at 1.5-3% profit
Distance: Dynamic with 1.5-2.0 multiplier
Trading Hours: London session (adjust to your timezone)

✅ Advantages

🏆 Proven 4.67-star rating from 275+ reviews
📈 Optimized specifically for gold volatility
🔄 Flexible strategy (trend-following + grid)
🛡️ Advanced drawdown management tools
📊 Comprehensive backtesting support
👨‍💻 Responsive customer support
📦 Two pre-configured set files included

⚠️ Disadvantages

📉 May underperform in ranging/consolidating markets
⚙️ Requires proper configuration for optimal results
🏦 Limited to hedging accounts for full features
📊 Grid strategy can accumulate significant positions
⏰ Needs regular monitoring during volatile periods

🎯 Who Should Use It

This EA is ideal for gold traders, grid strategy enthusiasts, busy professionals, and traders seeking semi-automated solutions. It's best suited for those who understand gold's unique market behavior and can properly manage risk settings.

Support & Disclaimer

Support

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

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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.