![EA Black Dragon](https://forextraders.guide/wp-content/uploads/2021/11/EA-Black-Dragon.png)
EA Black Dragon is an expert advisor that is sold on the MQL5 market and has one week old trading results. The system doesn’t look like a stable and predictable trading solution.
Detailed EA Black Dragon review
The system has a few explanations provided. It’s not enough to understand how everything works and what we have to expect from the system.
- The dev claims that the system works automatically for us.
- So, we can expect that the system will open and close orders on a terminal.
- The system opens trades on GBPUSD.
- The time frame is M15.
- We should have our account at $1000 or more.
- The direction can be determined by us which we’d like to work in.
- We are free to set SL and TP levels that we want.
- We have a spread filter applied.
- We can customize our hours of trading during the day.
- There’s a magic number to mark its orders.
- “It is possible to use a modified stochastic to enter, using the color of the black dragon indicator as a filter.”
EA Black Dragon strategy tests
![EA Black Dragon backtest report.](https://forextraders.guide/wp-content/uploads/2021/11/EA-Black-Dragon6.png)
We get a GBPUSD report based on the over ten years of the tick data. The data provider was RoboForex. The leverage was 1:500. An initial deposit was $1,000. The system has increased it to $308,951. The profit factor was 2.14 when the recovery factor was 2.89. There were 3342 deals traded with 73.80% of the win rate for short and 73.77% for short trading positions.
EA Black Dragon live trading results
![EA Black Dragon trading results.](https://forextraders.guide/wp-content/uploads/2021/11/EA-Black-Dragon1-1024x243.png)
It’s how an account looked several days ago.
![EA Black Dragon trading results.](https://forextraders.guide/wp-content/uploads/2021/11/EA-Black-Dragon11-1024x241.png)
We may note that the account “lost” a week of its trading results. The system works on a real RoboForex account automatically. The maximum drawdown is 0.1%. The maximum deposit load is 0.1%. Now, the win rate is 100%. An initial deposit was $1608. The absolute growth has amounted to 239.17%.
![EA Black Dragon details.](https://forextraders.guide/wp-content/uploads/2021/11/EA-Black-Dragon5.png)
An average trade frequency is 16 deals weekly. The average holding time is 8 minutes.
![EA Black Dragon growth.](https://forextraders.guide/wp-content/uploads/2021/11/EA-Black-Dragon7-1024x298.png)
We have only November’s trading results.
![EA Black Dragon closed orders.](https://forextraders.guide/wp-content/uploads/2021/11/EA-Black-Dragon8-1024x328.png)
The dev removed all lost orders. Now, we have only profitable orders in November.
![EA Black Dragon statistics.](https://forextraders.guide/wp-content/uploads/2021/11/EA-Black-Dragon2-1024x313.png)
EA Black Dragon closed 13 orders. The best trade is $525 without any trade lost. The recovery and profit factors aren’t available because no trades were lost.
![EA Black Dragon cross pairs.](https://forextraders.guide/wp-content/uploads/2021/11/EA-Black-Dragon10-1024x241.png)
The system has only Gold traded among other pairs.
Pricing
We can purchase an advisor for $50. The pack includes only one lifetime license. We have no rental options available to give this system a try because of its affordability. A demo copy is available to execute some backtests and check settings. We have no refunds available.
Customer reviews
![Customer testimonials.](https://forextraders.guide/wp-content/uploads/2021/11/EA-Black-Dragon3-1024x611.png)
We have plenty of positive reviews on MQL5. Based on them, the system has a 4.97 out of 5 possible rating.
![The dev’s profile.](https://forextraders.guide/wp-content/uploads/2021/11/EA-Black-Dragon9.png)
Ramil Minniakhmetov is a developer from Russia that has a 170,215 rate. His products have a 4.9 rate based on 129 testimonials.
EA Black Dragon MT5 is a robot that acts like a scam. The system got its data moderated. The developer removed trading results of October, keeping only November high-risk results. The advisor is too dangerous to give it a try.
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