Dark Algo

What is Dark Algo?

Dark Algo is a fully automatic Expert Advisor (EA) designed for scalping trading on the EURUSD currency pair. This EA is built on a sophisticated algorithm that identifies and follows market trends. It is highly customizable, allowing traders to adapt it to their specific trading needs. The EA is known for its advanced algorithm that takes into account a wide range of market data and historical information to make predictions.

Key Features of Dark Algo

• Fully automatic Expert Advisor for scalping trading.
• Highly customizable settings to suit individual trading needs.
• Advanced algorithm that adapts to market changes.
• Designed to identify and follow market trends.
• Compatible with multiple timeframes and currency pairs.

Customizable Settings

Dark Algo offers a range of customizable settings that allow traders to tailor the EA to their specific requirements. Some of the key settings include:

• Allow Buy: Whether the EA is allowed to open buy trades.
• Allow Sell: Whether the EA is allowed to open sell trades.
• Max Number of Orders: The maximum number of orders that the EA can have open at one time.
• Max one Trade any Bar: Whether the EA can open only one trade per bar.
• Fifo Closing: Whether the EA will use the First In First Out mode for closing trades.
• Magic Number: ID number of the orders.
• Max Spread: Maximum spread to trade.
• Money Management: Enables the money management option.

Performance and Recommendations

Dark Algo has received positive feedback from users who have tested it on both demo and live accounts. The EA has shown good profits and a high win rate in backtests and live trading. Some recommendations for optimal performance include:

• Using an ECN broker for lower spreads.
• Running the EA on a low latency VPS.
• Starting with a minimum deposit of $1000 and a leverage of 1:20.
• Customizing the settings based on individual trading styles and market conditions.

User Reviews and Feedback

Dark Algo has garnered a mix of reviews from users. Some users have praised its profitability and customization options, while others have raised concerns about its performance in live trading. Here are some user experiences:

• One user reported a win rate of 88% with 26 trades, 23 wins, and 3 losses.
• Another user mentioned consistent profits and low drawdown through customized backtests.
• Some users have experienced issues with backtest manipulation and inconsistent live trading results.

Conclusion

Dark Algo is a powerful and customizable Expert Advisor designed for scalping trading. While it has shown promising results in backtests and demo accounts, users should approach it with caution and thoroughly test it in live trading conditions. The EA's advanced algorithm and customizable settings make it a valuable tool for traders looking to capitalize on market trends. However, as with any trading tool, it is essential to manage risks and set realistic expectations. 🌟📈