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Dark Titan

Overview of Dark Titan

Dark Titan is a fully automatic Expert Advisor (EA) designed for scalping trading. It operates with a high frequency, making it a powerful tool for traders who thrive on quick, successive trades. The EA leverages the dark inversion indicator to manage trades, ensuring a high rate of winning trades. It is built to be adaptable, with all settings being external, allowing traders to customize the robot according to their preferences.

Key Features

  • High Operating Frequency: Designed for scalping, it executes trades rapidly and frequently.
  • Dark Inversion Indicator: Uses this indicator to manage trades effectively.
  • Customizable Settings: All settings are external, enabling traders to tailor the EA to their needs.
  • Counter Trend Strategy: Initiates trades with market orders in counter-trend directions.
  • High Accuracy: Tested with real tick data at 99.90% accuracy, including actual spread, slippage, and high commission.

Recommendations

  • Timeframe: M1 (1 minute).
  • Currency Pairs: AUDCAD, AUDNZD, and NZDCAD.
  • Broker: ECN broker is recommended.
  • VPS: A low latency VPS is advised for optimal performance.
  • Leverage: 1:30 or higher.
  • Capital: Minimum recommended capital is $2000.

Settings and Parameters

Dark Titan Settings

  • Magic Number: Unique ID for orders.
  • Max Spread: Maximum spread allowed for trading.
  • Max Average Spread: Maximum average spread allowed for trading today.

Money Management Settings

  • Money Management: Enables or disables money management.
  • Risk Factor: Specifies the risk percentage if money management is enabled.
  • Lots: Number of lots if money management is disabled.

Trading Directions

  • Allow Buy: Enables buy orders.
  • Allow Sell: Enables sell orders.
  • Max Number of Orders: Maximum simultaneous orders.
  • Max One Trade Any Bar: Limits to one trade per bar.
  • Enable FIFO Mode: Ensures FIFO compliance.
  • Open Sell and Buy at Same Time: Allows simultaneous buy and sell orders.

Take and Stop Loss

  • Take Target: Average take profit for orders.
  • Close on Open Price: Closes on take target only on the next open bar.
  • Enable Monetary Stop Loss: Enables stop loss based on a monetary amount.
  • Monetary Stop Loss Amount: Specifies the stop loss amount.
  • Grid Management: Options for lot increase type.
  • Multiplier: Martingale multiplier or lot sum increase.
  • Distance for Next Orders: Distance for placing the next orders.
  • Max 1 Grid Order per Bar: Limits to one grid order per bar.

User Feedback

Users have generally praised Dark Titan for its performance and reliability. Here are some highlights:
  • 🌟 "Very Good... EURUSD and AUDCAD 1min" - fxloot
  • 💰 "Best investment ever. Made about $500 in a month on a 20K account." - Dennis Teachworth
  • 👍 "Amazing EA :-) Best EA. The author is very kind. Doubled in 2 weeks." - PA-SZI-LJ-FXTeam

Warnings and Considerations

  • Past performance does not guarantee future results.
  • High-risk trading requires careful consideration and a low-risk approach.
  • Users should not expect to get rich quickly with this EA.
Dark Titan is a robust and versatile EA for scalping, designed to cater to both novice and experienced traders. Its high-frequency trading capability, combined with customizable settings, makes it a valuable tool in the Forex market. However, as with any trading system, it is essential to approach it with caution and manage risks effectively. 🚀
Dark Titan

Easy Rating: 5/2

MQL Rating: 5/70

Dark Titan: The Forex EA That Promises the Moon but Delivers Stars 🌟. Dark Titan is an automated scalping EA developed by Marco Solito, boasting a high operating frequency and a focus on counter-trend strategies. While it promises high win rates, it requires careful management ...

Release Date: 23/04/2021