The Dark Mimas Forex Robot is a fully automated Expert Advisor designed for MetaTrader 5.
It leverages the innovative Dark Oscillator indicator to identify potential trend reversal signals during intraday trading.
By focusing on counter-trend strategies, the EA aims to capitalize on price corrections, offering traders opportunities for profit with strategically placed stop losses above potential intraday tops and bottoms.
Key Features
- Platform: MetaTrader 5
- Trading Strategy: Intraday counter-trend scalping using the Dark Oscillator
- Timeframes: Optimized for M5, M15, and H1 charts
- Trading Instruments: Performs best on low spread currency pairs and Gold
- Customization: Extensive adjustable parameters including magic number, maximum spread, lot size, money management, risk percentage, oscillator settings, trading hours, and more
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Performance Metrics
The following chart provides some detailed insights into how the Dark Mimas EA performed over an extended period of time.
Key Metrics:
Total account gain: +130.39%
Average monthly gain: +11.14%
Drawdown: 23.91%
These metrics highlight the EA’s capability to generate consistent profits while maintaining controlled risk levels.
Trading Chart Example
The chart below demonstrates the Dark Mimas EA applied to the EUR/USD M15 currency chart.
The presence of the blue colored symbol in the top right corner of the chart ensures that the robot is fully operational and working.
General Information & Customizable EA Inputs
- Trading Platform: Metatrader 5
- Optimized for the 5-minute, 15-minute, and 1-hour charts
- Trading Instruments: performs the best on low spread currency pairs and Gold
- Adjustable EA Inputs: magic number, maximum spread, lots, money management, risk percent, dark oscillator settings, dark oscillator strategies, moment of signal, darl oscillator period, method, up level, down level, trading hours, trading days, max buy orders, max sell orders, target settings, closure, close trade settings, graphic settings, optimization, etc.
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Frequently Asked Questions
How Do I Install And Run This Forex Robot In Metatrader 5?
- Open the MT5 trading platform
- Click on the File menu button located at the top left part of the platform
- Click on Open Data Folder > MQL5 folder >Experts
- Copy the Dark Mimas MT5.ex5 experts file in the Experts folder
- Close and restart the trading platform
- You will find the indicator here (Navigator window > Expert Advisors)
- Drag the EA to the chart to get started with it!
- Enable the Allow Algo Trading button
How Do I Customize This Expert Advisor?
- To adjust the EA’s settings:
- Right-click on the chart where the EA is applied.
- Select Expert List from the context menu.
- Choose the Dark Mimas EA and click Properties.
- Modify the input parameters as desired, including risk settings, lot size, oscillator configurations, trading hours, and more.
- Click OK to save the new configuration.
Note: It is highly recommended to test the EA on a demo account for at least one month to evaluate its performance and adjust settings according to your trading preferences and risk tolerance.
