Dark Rea MT5

Dark Rea is a fully automatic Expert Advisor designed for Impulse Trading. It utilizes the Dark Sprint MT5 indicator and employs various strategies to manage trades effectively. The robot has been tested using real tick data with 99.90% accuracy, actual spread, additional slippage, and high commission. It is recommended to have optimization experience before downloading the robot. It is advised to carefully study all the functions and create customized settings based on your preferred financial instruments.

The Dark Rea Expert Advisor operates primarily with market orders in trend following. However, users have the flexibility to modify the strategy according to their preferences, including counter-trend strategies. The installation and update guide, troubleshooting guide, and FAQ are available to assist users with any issues they may encounter. Additionally, there is an MT4 version of the Expert Advisor.

Recommendations:

– The recommended timeframe depends on individual settings, but M15, H1, H4, and other timeframes can be used with appropriate settings.
– The Expert Advisor can be applied to currency pairs such as EURUSD, AUDUSD, EURCHF, and USDJPY, among others, with the suitable settings.
– It is advisable to use an ECN broker for optimal performance.
– A low latency VPS (Virtual Private Server) is recommended to ensure smooth trading execution.
– The recommended leverage and deposit depend on the chosen settings.
– For a better understanding of how the EA works, users are encouraged to read the offline user manual and review example settings.

Parameters:

Dark Rea Settings:
– Magic Number: ID number of the orders.
– Max Spread: maximum spread to trade.

Indicators Settings:
– Dark Sprint Strategies: Select the strategy to follow.
– Moment of the Signal: Decide whether the signal will be executed on the current bar or on the close of the previous bar.
– Dark Sprint Period: Periods of Dark Sprint Indicator.
– Dark Sprint Multiplier: Multiplier for Dark Sprint indicator.
– Dark Sprint Impulse Length: Number of bars for dark sprint impulse.
– Dark Sprint Timeframe: Timeframe to apply the Dark Sprint indicator.

Money Management Settings:
– Lots: number of lots if the money management option is disabled.
– Money Management: enables or disables the money management option.
– Risk Percent: indicates the risk percentage if the money management option is enabled.

Trading Hour:
– Enable Time Filter: enables or disables the time filter.
– Trading Start Hour: operating start hour.
– Trading Start Minute: operating start minutes.
– Trading Stop Hours: operating end hour.
– Trading Stop Minute: operating end minutes.
– Close Out of hours: closes all orders at the end of the timetable.

Trading Directions:
– Allow Buy: enables or disables buy orders.
– Allow Sell: enables or disables sell orders.
– Allow Buy and Sell at the same time: allows both buy and sell orders simultaneously.
– Allow Order From Others Charts, At Same Time: allows orders from other charts.

Trading Settings:
– Max Buy Orders: maximum number of buy orders allowed simultaneously.
– Max Sell Orders: maximum number of sell orders allowed simultaneously.
– One Trade Bar: if true, the robot can open only one trade per bar.

FAQ:

1. Can I use Dark Rea on different timeframes?
Yes, Dark Rea can be used on various timeframes such as M15, H1, H4, and more. The appropriate settings should be applied for each timeframe.

2. Which currency pairs are recommended for Dark Rea?
Dark Rea can be applied to currency pairs like EURUSD, AUDUSD, EURCHF, USDJPY, and others. However, it is important to adjust the settings accordingly.

3. Is it necessary to have optimization experience before using the robot?
While it is not mandatory, having optimization experience will enhance your understanding of the robot and help you customize the settings effectively.

4. Can I find independent testing of Dark Rea?
You can watch independent testing of Dark Rea on the forexroboteasy.com website. Additionally, you can subscribe to updates on the results of testing this product.

5. Can I share my experience of using Dark Rea?
Yes, we encourage users to share their experience of using Dark Rea. Your feedback and insights can contribute to the community’s understanding of the product.

Note: This is an independent review of Dark Rea MT5 and does not represent the views or opinions of the author. The text has been written in the third person to maintain objectivity.