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EA Dark Magic is an MT4 expert advisor that can be run on gold (XAUUSD) and other forex pairs on M15, M30 and H1 charts. It offers automatic or fixed lot sizing, a dollar profit target and a daily trading window.
Get one message the moment it launches, with its price.
EA Dark Magic is an expert advisor for MetaTrader 4 that opens and manages trades automatically. This listing is tagged for gold (XAUUSD), and the EA can also be attached to other forex pairs on the M15, M30 and H1 timeframes.
The EA places trades on its own once it is attached to a chart and automated trading is enabled. You choose whether lot size is calculated for you or set by hand. A dollar profit target tells it when to close a buy or sell trade, and an optional new candle mode controls how often fresh trades may be opened. Details of the entry logic are not fully described, so treat it as a black box and judge it by thorough demo testing before any live use.
With automatic money management switched on, the lot is calculated from the risk percentage you enter. With it switched off, the EA uses the fixed lot you type in. A multiplier input also exists for lot size. Check carefully how it affects position sizes in the strategy tester, because larger sizes raise exposure quickly.
Symbol names differ between brokers, so confirm the exact name on your server before attaching the EA.
The inputs below are the ones described for this EA. Default values may differ, so open the Inputs tab and review each one before running.
| Input | Purpose |
|---|---|
| MM | True for automatic lot calculation, false for a manual lot |
| Risk | Risk percentage, used only when automatic lots are on |
| Lot size | Fixed lot, used when MM is false |
| Multiplier | Multiplier applied to lot size |
| Target $ profit | Profit amount at which trades are closed |
| Open on new candle | Opens a new trade on each new candle when true; the description advises a higher timeframe such as D1 because small timeframes can be dangerous |
| Start hr / End hr | Hours between which the EA is active |
Leveraged trading carries a significant risk of loss, and you can lose all of your capital. Past results do not predict future ones. Test on a demo account first and never trade money you cannot afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor) |
| Strategy focus | Gold or XAUUSD |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Automated trading, expert advisor |
| Markets | Gold (XAUUSD) and forex pairs such as EUR, USD and GBP crosses |
| Timeframes | M15, M30, H1 |
| Account type | Hedging account required |
| Lot sizing | Automatic by risk percent, or manual fixed lot |
| Suggested minimum deposit | Around 500 USD for one pair (check with your broker) |
| Suggested leverage | 1:500 or higher; run on a VPS |
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No. This is an MT4 expert advisor and will only load in MetaTrader 4. If you trade on MT5 you need a product built for that platform.
A hedging account is required, because the EA can hold buy and sell positions at the same time on one symbol. Check with your broker that your account allows hedging. Netting accounts are not suitable.
Yes. Gold (XAUUSD) is the market this listing is tagged for, and the EA can also be attached to forex pairs. Attach it to the chart of the symbol you want and test the symbol name your broker uses, since some add suffixes.
The guidance published for the EA suggests about 500 USD per pair and leverage of 1:500. These are rough starting points, not safe limits. Test on a demo account with your own broker's conditions and size positions to a loss you can accept.
A VPS is recommended because the EA should run without interruption. If the terminal is closed or the connection drops, it cannot manage open trades.
Copy the downloaded expert file into the MQL4/Experts folder through File, Open Data Folder in MT4, restart the terminal or refresh the Navigator, then drag the EA onto a chart and enable automated trading.
EA Dark Magic MT4
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