Market / MetaTrader 4 / Experts /

Dark Rider

149 USD

Demo downloaded: 386

Published: 7 April 2019

Current version: 1.5

Dark Rider

Experts
Paul Geirnaerdt
Paul Geirnaerdt
Trader & Developer at Deltabron

Netherlands

21659
4 (93)
For most of my years I have been a software developer, analyzing and coding complex systems such as large scale risk analysis and management projects.
This was a great advantage when I started to develop indicators and EA's for Metatrader in 2007.

21 products 1 topic 3 comments
Version: 1.5
Updated: 9 August 2019
Activations: 10

Dark Rider is a Night Scalper Expert Advisor. It recognizes overbought and oversold conditions in the hours after close of the New York Exchange and trades accordingly.

Dark Rider features an on screen monitor and settings panel on which you can monitor your status and progress.

A signal for Dark Rider can be found here.

New in version 1.5

The option 'Stay in trending trades' is new for version 1.5. It will keep you in trending trades. Profitability has been increased while drawdown has been lowered. New set files for EURUSD and GBPUSD can be found in the comments section.

Quick Start

Drop Dark Rider on any chart of any timeframe, set your risk preference and run it. Best results are seen on EURUSD M5 and GBPUSD M5. Set files are available in the comments section.

Settings

To keep things simple, Dark Rider has only a few simple settings

Magic number - Magic number.
Order comment - Order comment for all trades.
Show profit in - Set to Percentage or Account Currency to show your profit on screen.
Fixed lot size - Set to the lot size you want to use.
Use risk based lot sizing? - Set to true if you want your lot size to depend on your balance.
Risk percent - Set to the risk in percent of your balance per trade.
Lot grow factor - This is the grow factor for the lot size of subsequent trades when at least one trade is open. Set to 0 to keep the same lot size for all trades.
Maximum number of orders per direction - Set to the maximum number of orders per symbol and direction (long/short).
RSI buy threshold - The RSI value below which a long trade is opened.
RSI sell threshold - The RSI value above which a long trade is opened.
Skip day gaps larger than pips - Set to the number of pips to filter day gaps.
ATR filter minimum in points - The minimum ATR filter.
ATR filter maximum in points - The maximum ATR filter.
Stay in trending trades - Set to true if you want to keep in trending trades for more profitabilty.
Start hour - Set to the starting hour in broker time at which trades can be opened. Defaults are good for GMT+2(winter) and +3(summer) brokers.
End hour - Set to the ending hour in broker time after which trades will not be opened. Defaults are good for GMT+2(winter) and +3(summer) brokers.
Stoploss in points - Hard stoploss in points, leave at default for good results.
Take profit in points - Virtual take profit, leave at defaulr for good results. Dark Rider shows the virtual take profit when trades are open.
Use Negative Trend Early Avoidance (NTEA) - Set to true if you want NTEA active.
When to start NTEA - Set to 4, 6 or 8 hours after your rtading times. Dark Rider will look for early exits in case of negative trends this number of hours after the End hour setting.
Percentage of stoploss to start NTEA with - Set to 30%, 40% or 50% of the stoploss.

Screen Panel

Dark Rider shows a panel on your screen. The buttons can be used to

Auto Trade - Set to Yes to activate auto trading.
Profit Today - Shows the profit of the day.
Open 'Dark Rider' Trade - Opens a trade with 'Dark Rider' settings. Allows you to open a scalping trade when you like.
Show Trade Levels - Shows or hides the standard Metatrader 4 trade lines on screen.
Show Profit on Trade Levels - Shows or hides the profit of each trade on the right margin of its trade level.
Close All 'Dark Rider' Trades - Closes all trades.
Activate 'Dark Rider' Take Profit - Set to Yes to activate and show the virtual take profit, if set to No Dark Rider will not close at TP.
Show Close Trades - Show closed trades on screen.
Show Bar Timer - Show bar timer.

Refer to the Comments Section for a discussion on using the buttons.

Thank you

Do not hesitate to contact me. Let me know what you think of Dark Rider. Only with your help, I can create better tools for MetaTrader 4.

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Better Support & Resistance shows the best support and resistance lines and zones. It is based on Fractals with the factor of your choice. All fractals are assembled, weighted, extended and merged into a clear set of support and resistance lines. The immediate nearby lines are shown as zones when price is in that zone. Better Support & Resistance gives you the best overview of the important price levels. Settings Better Support & Resistance's default settings are good enough most of the time. N

30 USD

Monster Harmonics Indicator is a harmonic pattern indicator. It recognizes Gartley, Bat, Crab, Butterfly, Cypher, White Swan, Black Swan, Shark and several other patterns. Projected patterns that are not yet completed are recognized, too. Monster even shows the PRZ (Potential Reversal Zone). Users can add their own user defined patterns to Monster. Besides the current pattern, Monster also shows all patterns in the symbols history. Monster will provide alerts for developing patterns. Introduced

79 USD

Riskscope shows all relevant information about your trades on screen. Information on Stop Loss and Take Profit can be shown as price, pips or exposure. Besides, Riskscope can display a high- and low-watermark of the total of your basket of trades. Settings Riskscope's default settings are good enough most of the time. Nearly all of them are fairly standard. Here are the ones that need some explanation. Monospaced font - set this to the (name of) the font you want to use. A monospaced font looks

13 USD

Pivots is an indicator to show pivots for relevant time frames. Besides the pivots the indicator can also show daly open line, the resistance and support levels, the ADR Fibonacci levels and the order of the pivots. Pivots includes an intelligent algorithm to eliminate Sunday candles, but only if your broker provides those. Pivots are significant price levels that may serve as support, resistance or breakout levels Settings textFont - font to use for the labels. textSize - font size. textColor -

30 USD

The Inside Bars indicator shows Inside Bars, the Breakout Zone and Breakouts thereof. Inside Bars are an important price action pattern. The price action of an Inside Bar is completely covered by the price action of the previous bar. Inside Bars are most often used on higher timeframes. Settings Inside Bars default settings are good enough most of the time. Feel free to fine tune them to your needs. ATR factor to skip large candles - very large candles should be filtered as they often cover othe

30 USD

The Candle Patterns indicator shows popular candle patterns on the chart. The possible patterns are Inside Bar, Large Wick, Engulfing, Marubozu, Hammer, Shooting Star, Three White Soldiers and Three Black Crows. Candles are colored to easily identify the patterns. Also, a point and click function displays the pattern found. Settings Message box - when a candle is clicked, the pattern identified will be shown in a Message Box on the charts. All 'Message Box' settings pertain to the box. Show Ins

30 USD

The Engulfing Bars indicator shows Engulfing Bars, the signal and the suggested stoploss and take profit. Engulfing Bars are an important price action pattern. The price action of an Engulfing Bar completely covers the price action of the previous bar. Engulfing Bars are most often used on higher timeframes. Settings Engulfing Bars default settings are good enough most of the time. Feel free to fine tune them to your needs. Show Engulfing Bars - Set to true to show Engulfing Bars. Body size per

30 USD

The Flying Volume indicator is a specialized volume indicator. It deciphers the volume data after heavy proprietary number crunching. When a main signal is found Flying Volume will look for possible continuation points. The main signal is shown by arrows, the continuation points by dots. Volume indicators are most often used on higher timeframes. Features Main Buy or Sell signals Continuation signals No repainting One signal per bar Settings Flying Volume default settings are good enough most

30 USD

Fractalicious shows Fractals of any length, higher or lower highs and lower of higher lows, the fractal channel and the breakout of the channel. Fractals are an important trend and price action pattern. Fractalicious can be used on any timeframe and symbol. Settings Fractalicious default settings are good enough most of the time. Feel free to fine tune them to your needs. Show last fractal - Set to true to show fractals from the last completed bar. (This could move the fractal if the current ba

30 USD

Breakout Hero is a Multi Symbol , Auto Timeframe , Breakout Expert Advisor . It recognizes breakout patterns and will set pending trades. When triggered Breakout Hero will monitor trades and adjust the stop loss. Breakout Hero is a multi symbol EA, it will trade EURUSD, GBPUSD, USDJPY and USDCAD. Also, Breakout Hero is auto timeframe. Just drop Breakout Hero on any chart and start trading. Only one chart is needed, Breakout Hero will trade the symbols you pick from the settings. You can monitor

99 USD

Diverence Dash is a MACD, RSI, OBV, Momentum, Stochastic or Standard Deviaviation Divergence Dashboard. It will scan all symbols and timeframes you want. Also, Divergence Dash can open charts with the divergence found using the template of your choice. Divergences are often used as a leading indicator and, by using Divergence Dash, are easy to spot. The risk/reward ratio in divergence trading is very low. What can Divergence Dash for you: Find MACD, RSI, OBV, Momentum, Stochastic or Standard Dev

59 USD

NEWS Price increased to $249 from $149 on September 16th. Buy Fusion Trader v2 and get Donchian Trader for free. (limited to 3 account numbers) Fusion Trader v2 is a Multi Symbol , Auto Timeframe , Expert Advisor . It features several strategies for different symbols and timeframes. Fusion Trader will monitor trades and adjust the stop loss. Fusion Trader v2 is a complete rewrite from v1, it trades different and more symbols. With default settings Fusion Trader has gained 5% monthly on ave

249 USD

Donchian Trader is a Multi Index , Auto Timeframe , Expert Advisor . It features a Donchian Channel strategy for different indices on the daily timeframe. Donchian Trader will monitor trades and adjust to market conditions. Donchian Trader is a multi index EA, For now, it will trade the Dow Jones (US30), S&P 500 (US500) and DAX (GER30). Also, Donchian Trader is auto timeframe. Just drop the EA on any chart and start trading. Only one chart is needed, Donchian Trader will trade the indices

249 USD

MonsterDash Harmonics Indicator is a harmonic pattern dashboard. It recognizes all major patterns. MonsterDash is a dashboard that displays all detected patterns for all symbols and (almost) all timeframes in sortable and scrollable format. Users can add their own user defined patterns . MonsterDash can open and update charts with the pattern found. Settings MonsterDash's default settings are good enough most of the time. Feel free to fine tune them to your needs. The color settings are for tho

169 USD

Monster Harmonics Indicator is a harmonic pattern indicator. It recognizes Gartley, Bat, Crab, Butterfly, Cypher, White Swan, Black Swan, Shark and AB=CD patterns. Projected patterns that are not yet completed are recognized, too. Monster even shows the PRZ (Potential Reversal Zone). Users can add their own user defined patterns to Monster. Besides the current pattern, Monster also shows all patterns in the symbols history. Monster will provide alerts for developing patterns. Introduced by H.M.

99 USD

NEWS Price v4 now $799 for a limited period. Fusion Trader v4 is a Multi Symbol , Auto Timeframe , Expert Advisor . It features several strategies for different symbols and timeframes. Fusion Trader will monitor trades and adjust the stop loss. Fusion Trader v4 is a partial rewrite from v3, it trades differently and more symbols. The Scalping system now uses market orders instead of stop orders. It is 100% Metatrader 5 compatible. Fusion Trader v4 is a multi symbol EA, For now, it will tra

799 USD

Momentum Horizon is a fully automated trading system for MetaTrader 5, designed to trade breakout movements in the Gold market. It combines two price-action setups: a daily breakout based on the previous day’s high and low, and an intraday breakout based on the price range formed during the six completed H1 bars preceding the configured London breakout hour. Breakout levels can be calculated from either candle wicks or candle bodies. An optional buffer can be added beyond each level to reduce e

169 USD

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FXAdvanced 2019.06.21 23:48 #

Unfortunately I have to rate this EA, as it is the case with most EAs on myql5, with zero stars as this "system" is nothing but a pure death trap in the long run (I'm forced to give it 1 star as I can't give 0 stars). The basic concept itself is derived from the Hamster EA (RSI and ATR for entering trades) and like the Hamster, it's the atrocious risk:reward ratio (6 pips TP vs. 100 SL (!)) that makes this EA so dangerous (just look at the live signal of the author, one losing streak wiped out all gains made over the last week). I've bought most popular EAs on mql5 and have NOT run a single one in live mode as it is quite obvious that all those systems are to dangerous to be traded with live accounts. I've posted this numerous times and I don't get it why people can be so stupidly ignorant to release and even sell EAs with such appalling risk/reward ratios? Even amateurs and non-traders instinctively know that such a system is not sustainable in the long run and doomed to fail from the very beginning.