Dark Gold EA – Overview
Dark Gold is a fully automated scalping Expert Advisor built for the MetaTrader 4 platform. It is specifically designed to trade Gold (XAUUSD), Bitcoin (BTCUSD), EURUSD, and GBPUSD, offering high flexibility through extensive customization options.
The EA is powered by the logic behind the Dark Support Resistance indicator (ownership not required) and allows traders to manage trades using multiple strategies.
By purchasing the EA, users can leave a review on the marketplace and receive the Dark Support Resistance indicator for free.
Trading Logic and Customization
Dark Gold primarily operates using a trend-following approach, automatically identifying and trading in the direction of the prevailing market trend. However, users can easily switch to a counter-trend strategy through the settings.
To achieve optimal results, traders are encouraged to review the included user manual and experiment with settings that align with their personal risk profile and trading style.
All parameters are external, giving full control to users for customization.
Setup and Recommendations
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Recommended Timeframes: Works effectively on M5, M15, H1, and higher timeframes depending on your strategy configuration.
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Compatible Instruments: Designed for Gold (XAUUSD), Bitcoin (BTCUSD), EURUSD, GBPUSD, and can be adapted to other pairs with proper settings.
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Broker Requirements: ECN brokers and low-latency VPS are strongly recommended for the best performance.
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Leverage and Deposit: Depends on chosen risk parameters and money management configuration.
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Always review the provided installation guide, troubleshooting notes, FAQ, and set files before running live.
Key Parameters and Functions
Core Settings
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Magic Number: Unique identifier for each trade.
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Max Spread: Defines the maximum acceptable spread for trade execution.
Money Management
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Lots: Fixed lot size (when automatic money management is off).
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Money Management: Activates dynamic lot sizing based on balance.
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Risk Percent: Determines the portion of account equity to risk per trade.
Indicator Configuration
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Enable Dark Support Resistance: Turns on the indicator logic.
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Support/Resistance Levels: Option to activate and configure levels manually or automatically.
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Level Selection: Choose which levels (1, 2, etc.) to use for trade triggers.
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Indicator Timeframe: Allows setting the timeframe for the support/resistance indicator.
Manual Trading Options
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Enable custom support and resistance levels by entering price zones manually.
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Choose between trend-following or counter-trend logic for manual strategies.
Trading Schedule
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Enable Time Filter: Restrict trading to specific hours.
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Start/Stop Time: Define when the EA begins and ends operation each day.
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Close Out-of-Hours: Automatically close all open positions outside trading hours.
Final Thoughts
Dark Gold EA is a flexible and powerful automated system suitable for traders who want to combine trend analysis, support/resistance dynamics, and scalping precision. With its modular design and deep customization, it adapts well to both aggressive and conservative trading approaches on multiple assets.
