Dark Mimas EA is a fully automated and highly customizable trading robot specifically designed for scalping. By leveraging the advanced Dark Oscillator MT5 indicator, this EA enables traders to fine-tune their strategies, potentially transforming their trading experience. Here’s a closer look at how the Dark Mimas EA and the Dark Oscillator MT5 indicator work together and the unique advantages they bring.
Key Features of the Dark Oscillator MT5 Indicator
The Dark Oscillator MT5 is an innovative tool optimized for intraday trading with a focus on counter-trend strategies. It’s designed to predict trend reversals before they occur, providing traders the opportunity to enter the market at an optimal price to capitalize on the next movement.
How Dark Mimas EA Works
Dark Mimas EA uses the power of the Dark Oscillator to achieve a strong win rate but requires customization to optimize its potential. By carefully studying the user manual and tailoring the EA’s settings, traders can maximize its effectiveness. All settings are external, so traders have full control to align the EA with their preferred strategies, whether counter-trend or trend-following.
Risk and Profit Potential
Dark Mimas EA occasionally incorporates the martingale strategy, which can enhance ROI but does carry risk. Monthly profits depend on lot size and risk tolerance. For long-term use, periodic withdrawals are recommended. By withdrawing the initial investment, traders can achieve break-even, transforming the martingale approach into a more stable and profitable strategy.
Recommendations for Dark Mimas EA
Minimum Account Balance: $100 for high risk, $1,000 for medium risk, $2,000 for low risk, or equivalent cent account.
Recommended Currency Pairs: EURUSD, GBPUSD, AUDCAD, and AUDCHF (works on any pair).
Ideal Timeframes: M5, M15, and H1 for optimal performance (works on any timeframe).
Suggested Strategy: Profit and withdraw quickly. Withdraw initial deposit after doubling for added security and profitability.
Market Awareness: Monitor volatile markets, particularly around news events, and close trades if needed.
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness
Broker: A low-spread account is highly recommended for best results.