Dark Algo 2.0 EA for MT4 – Advanced Forex Trading Robot with Set Files (High-Precision Strategy)

Description

Dark Algo 2.0 EA is an intelligent trading robot that automates market analysis and trade execution, aiming to boost performance, reduce risk, and support consistent results for all trader levels.

Recommendations

• The default chart timeframe is H1 (1-hour), but you can change it based on your settings.

• The EA works best with EURUSD and GBPUSD, but it can also work with other pairs if set up correctly.

• It’s best to use an ECN broker for better trade execution.

• A low-latency VPS (fast internet connection) is recommended for smooth performance.

• You need at least 1:20 leverage and a $1000 minimum deposit to use this EA.

• It is FTMO friendly, meaning it can be used with prop firm challenges.

Settings and Options

Main EA Settings

• Allow Buy / Sell: Turn on or off the EA’s ability to open buy or sell trades.

• Max Orders: Set how many trades the EA can open at the same time.

• One Trade Per Bar: If on, the EA can only open one trade per candle.

• FIFO Closing: Uses the First-In, First-Out method to close trades.

• Buy and Sell Together: Lets the EA open buy and sell trades at the same time.

• Magic Number: A unique number to track the EA’s trades.

• Max Spread / Avg Spread: Limits trading if the spread is too high.

Money Management

• Lots: Fixed trade size if automatic money management is off.

• Money Management: Turns on automatic lot sizing based on account balance.

• Risk Percent: Sets how much of your balance is risked per trade when using auto management.

Indicator Settings

• Stochastic Settings:

  • Choose which chart timeframe the indicator uses.

  • Set values for Slow K, Slow D, and Slowing to adjust how the indicator behaves.

  • Choose the moving average type and the price it uses for calculation.

• ATR Settings:

  • Pick a timeframe for the ATR (Average True Range) indicator.

  • Set how many bars it looks at to measure volatility.

• Entry Timing: Uses a smart method to choose the best time to enter a trade.