Dark Algo MT4 v1.50 1420 – Advanced Forex Trading EA for Expert Results | Forex Cracked VIP

Description

Dark Algo is a fully automated Expert Advisor designed specifically for scalping on the EURUSD currency pair.

This EA employs cutting-edge algorithms and is highly customizable to fit your unique trading needs. Its core strategy is based on an advanced algorithm that expertly identifies and tracks market trends. By analyzing a vast array of market data and historical information, Dark Algo makes precise predictions, allowing it to adapt to changing market conditions. This adaptability makes it one of the most sophisticated trading tools available in my collection.

Vendor Website: Dark Algo

Setup Guide:

1. Download & Installation:
   • Download the Dark Algo EA file from forexcrackedvip.com.
   • Place the EA file in the Experts folder of your MetaTrader 4 platform.
   • Restart MetaTrader 4 to ensure the EA is recognized by the platform.
2. Loading the EA on a Chart:
   • Open the EURUSD chart in your MetaTrader 4 platform.
   • Set the chart timeframe to H1 (or another preferred timeframe).
   • Drag the Dark Algo EA from the Navigator panel onto the chart.
   • In the EA settings, customize the parameters according to your preferences.
3. Customizing Settings:
   • General Settings: Configure basic options such as allowing buy and sell trades, setting the maximum number of orders, and more.
   • Money Management: Adjust the lot size, enable money management, and set the risk percentage.
   • Indicator Settings: Fine-tune indicators like Stochastic and ATR to match your trading strategy.
4. Final Steps:
   • Review all settings to ensure they align with your trading strategy.
   • Click “OK” to apply the settings.
   • Enable “AutoTrading” to activate the EA.

Recommendations:

• Timeframe: The recommended timeframe depends on your settings; the default is H1.
• Currency Pairs: While optimized for EURUSD, Dark Algo can be configured to work with other pairs with the right settings.
• Broker: An ECN broker is recommended for optimal performance. You can find a list of recommended brokers here.
• VPS: It’s advisable to use a low-latency VPS. You can find a recommended VPS here.
• Leverage & Deposit: The minimum recommended leverage is 1:20, with a minimum deposit of $1,000.
• FTMO Compatibility: Dark Algo is compatible with FTMO challenges.

Dark Algo Settings:

• Allow Buy: Enables the EA to open buy trades.
• Allow Sell: Enables the EA to open sell trades.
• Max Number of Orders: Limits the number of open orders at any given time.
• Max One Trade per Bar: Restricts the EA to one trade per bar.
• FIFO Closing: Uses the First In, First Out method for closing trades.
• Allow Buy and Sell at the Same Time: Permits the EA to open both buy and sell trades simultaneously.
• Magic Number: A unique ID number for the orders.
• Max Spread: The maximum spread allowed for trading.
• Max Average Spread: The highest average spread the EA will accept before avoiding trades.

Money Management Settings:

• Lots: The number of lots used if money management is disabled.
• Money Management: Activates money management if set to true.
• Risk Percent: Indicates the risk percentage when money management is enabled.

Indicator Settings:

• Stochastic Timeframe: The timeframe for the Stochastic indicator.
• Stochastic Slow K: The number of bars used for the slow %K line.
• Stochastic Slow D: The number of bars used for the slow %D line.
• Stochastic Slowing: The number of bars used to slow down the %K line.
• Stochastic MA Mode: The moving average method used for the Stochastic indicator.
• Stochastic Price: The price used for the Stochastic indicator calculation.
• ATR Timeframe: The timeframe for the Average True Range (ATR) indicator.
• Main ATR Periods: The number of periods for the main ATR calculation.
• Entry Timing: Whether the EA uses an algorithm to determine the optimal time to open trades.

Review

Rating: ★★★★☆ (4.5/5)

Pros:

• Advanced Algorithm: Dark Algo’s cutting-edge algorithm allows it to adapt to market changes and predict trends with remarkable accuracy.
• Customization: The EA is highly customizable, enabling traders to adjust settings according to their specific strategies.
• FTMO Compatibility: Ideal for traders participating in FTMO challenges, as it meets all necessary criteria.
• External Settings: All settings are external, making it easy for users to modify parameters without altering the code.

Cons:

• Requires Learning Curve: While powerful, Dark Algo requires a thorough understanding of its settings to fully leverage its capabilities.
• Initial Deposit: A minimum deposit of $1,000 might be steep for some traders.

Overall: Dark Algo is a top-tier EA for serious traders looking for a highly adaptive and customizable trading tool.

Q&A

Q1: Is Dark Algo suitable for beginners?

A1: While Dark Algo offers powerful features, it is best suited for experienced traders due to its complexity. Beginners should take the time to thoroughly study the user manual and understand how to configure the EA properly.

Q2: Can I use Dark Algo on currency pairs other than EURUSD?

A2: Yes, Dark Algo can be configured to work with other currency pairs. However, it is optimized for EURUSD, so additional adjustments to the settings may be required for other pairs.

Q3: What is the recommended VPS for using Dark Algo?

A3: A low-latency VPS is recommended to ensure the EA operates efficiently, especially during high volatility periods. You can find a recommended VPS here.

Q4: How does Dark Algo handle risk management?

A4: Dark Algo includes money management settings that allow you to define the lot size and risk percentage, ensuring you can tailor the risk according to your trading strategy.

Q5: Is Dark Algo compatible with FTMO?

A5: Yes, Dark Algo is fully compatible with FTMO challenges and meets all their trading criteria.

For more information and to download Dark Algo, visit forexcrackedvip.com. Join our community on Telegram for the latest updates and support: https://t.me/MT4SYSTEMSVIP.

This revised version includes the website name, Telegram link, and recommended VPS and broker links, providing a comprehensive overview and easy access to resources.

These alternatives provide various trading approaches depending on your needs, allowing you to choose the best option for your trading style.

Big Forex Players EA

EA Brilliant Pro

EA Ice Cube Scalper