Dark Dione

Expert: Marco Solito
Version: 1.30
Updated: June 19, 2021

Dark Dione is a fully automated Expert Advisor designed for medium-term trading. This tool is highly customizable and requires user attention to maximize its potential.

Dark Dione operates based on the Dark Breakout indicator, and trades can be managed using various strategies. (Write a review in the market to receive one paid indicator for free!)

While my tests provide guidance, obtaining the best results requires studying the user manual and creating personalized settings.

All settings are external, allowing users to configure the robot according to their preferences.

The basic strategy begins with a market order in trend following, but it can be adjusted to other strategies, such as counter-trend.

Installation and Update Guide - Troubleshooting Guide - FAQ - MT5 Version

Recommendations
The recommended timeframe depends on your settings, but you can use M5, M15, H1, and other timeframes with the appropriate configurations.
The Expert can be applied to EURUSD, GBPUSD, XAGUSD, and NZDUSD, as well as other pairs with suitable settings.
It is always recommended to use an ECN broker.
A low-latency VPS is also recommended.
The recommended leverage and deposit depend on your settings.
To understand how the EA works, please read the ► offline user manual and review some example settings.

Parameters

Dark Dione Settings
Magic Number: The ID number for the orders.
Max Spread: The maximum spread allowed for trading.
Take, Stop Target, and Trailing on ATR: If true, take profit, stop loss, and trailing stop will be calculated based on the ATR value using the following formula: ATR Multiplier * ATR * Take Target (in this case with take target)
Target ATR Multiplier: This is simply a value for the formula.

Target Settings
Take Target: Coefficient target in points. (This is a global take profit for open orders on the current chart) (sell and buy are separated)
Stop Target: Coefficient stop in points. (This is a global stop loss in points for open orders on the current chart) (for buy or sell). Note: By default, this is disabled. To enable it, check the next parameter.
Stop Target Mode: By default, this is disabled. You can change it to “First Order” or “Default.”
“First Order” means the global stop loss will be placed X points from the first order. When reached, all open orders will be closed at a loss (sell and buy are separated).
“Default” means the global stop loss will be placed X points from the ‘weighted average of the entry point’ for the current open orders. When reached, all open orders will be closed at a loss (sell and buy are separated).
Close Trades Only at End of Bar: If true, trades will only close at the end of a bar's time, on the "Close" price.
Average Trailing Stop

Enable Average Trailing Stop: If true, enables the average trailing stop.
Only In Profit: If true, the average trailing stop starts only if trades are in profit.
Broker Commission: Enter your broker's commission amount for a 1-lot trade.
Average Trailing Stop Value: Trailing stop value in points.
Average Trailing Step Value: Trailing step value in points.
Note: The average trailing stop acts on all open orders in one direction (buy and sell) by calculating the weighted average entry point.
Note 2: You can see the yellow line for it.

Indicators Settings

Dark Breakout Indicator
Dark Breakout Range Start Hour: The start hour for calculating the breakout range.
Dark Breakout Range Start Minute
Dark Breakout Range End Hour
Dark Breakout Range End Minute
Dark Breakout Strategies: The strategies are self-descriptive and intuitive; for a full explanation, refer below.
Moment of the Signal: “Bar Close Price” indicates the previous bar will be considered for each signal.
“Current Price” means the current bar price (or bid) will be considered for each signal.
Dark Breakout Timeframe: The timeframe of the Dark Breakout Indicator.
Money Management Settings
Lots: Number of lots if the money management option is disabled.
Money Management: If true, enables the money management option.
Risk Percent: If the money management option is enabled, it indicates the risk percentage.

For additional questions, set files, or support for this EA, you can contact me.