Dark Mimas Highly Customizable EA MT4/MT5 Free DownloadDark Mimas Highly Customizable EA MT4/MT5 FREE Download
Dark Mimas EA is a fully automated, highly customizable EA designed specifically for scalping trading. Relying on the advanced Dark Oscillator MT5 indicator with its highly customizable settings , it has the potential to revolutionize your trading strategy and increase your profits. This article explores the inner workings of the Dark Mimas EA and Dark Oscillator MT5 indicators and examines the benefits they can bring to your trading experience.
The Dark Oscillator MT5 Indicator is an innovative tool designed specifically for day trading. Its main focus is on counter-trend strategies, which attempt to predict trend reversals before they occur. This allows traders to enter the market at the best price and take advantage of subsequent trend reversals.
Dark Mimas EA harnesses the power of the Dark Oscillator to achieve impressive win rates. However, optimization experience is required to fully unlock its potential . It is crucial to study the user manual and customize the settings to suit your trading preferences.
All settings in this customizable EA are external, allowing traders to configure the bot according to their own specifications . The default strategy uses market orders in the countertrend method, but you can modify it to be consistent with other strategies such as the trend following method.
Dark Mimas EA can be a bit dicey at times, as it uses the martingale method at times. Due to this approach, this EA has a very high ROI (return on investment). How much profit you can make each month depends on your lot size and risk value.
After using this strategy for a long time, hits are inevitable. However, probability theory works in our favor as investments are regularly withdrawn. Once the initial investment is withdrawn, the dangerous martingale strategy breaks even and earns high profits.
Please test in a demo account for at least a week first. Also, please familiarize yourself with and understand how this highly customizable EA works and then only use it on a real account.
This is a completely free EA without any restrictions made by dark trading websites. There are many more useful free/paid EAs and indicators on this website. So check out their other EAs, indicators and show your love for them darktrading.biz.
Recommendations for this highly customizable EA
- Minimum account balance 100$ (High risk), 1000$ (Medium risk), 2000$ (Low risk), or equivalent cent account.
- Work Best on EUR/USD, GBP/USD, AUD/CAD and AUD/CHF (for any currency pair)
- Work best on M5, M15, and H1. (Works on any time frame)
- The EA's strategy is to make quick profits and then divest quickly. Withdraw your deposit after doubling your deposit. (This EA has very good potential with this method )
- You may want to pay attention to volatile markets (news) and closing trades.
- This highly customizable EA should be run on a VPS without interruption and with low latency to achieve stable results. So we recommend running this Free Forex EA on a reliable VPS (Reliable and Trustworthy Forex VPS – FXVM)
- Low Spread account is also Highly Recommended ( Find the best broker for you here )
Why choose Dark Mimas EA for scalping trading?
- High Win-Rate: Expert advisors' reliance on the accurate and reliable Dark Oscillator MT5 indicator results in a high win-rate, which can improve your overall trading performance.
- Fully Automatic: Dark Mimas EA automates the entire scalping process, allowing you to focus on other aspects of your trading strategy or enjoy more free time.
- Highly Customizable: External settings allow you to tailor expert advisors to your trading preferences, giving you complete control over your trading experience.
- Versatile Strategy: The basic counter-trend strategy can be easily modified to accommodate other methods, making the Dark Mimas EA adaptable to a variety of trading styles.
Input Parameters

BASIC SETTINGS
- Magic Number: The ID number of the order.
- Maximum Spread: The maximum spread for a transaction.
Money management settings
- Lot size: The lot size if the money management option is disabled.
- Money Management: If true, enables money management options.
- Risk %: If the money management option is enabled, indicates the amount to risk based on your account balance.
- Maximum lot size: EA opening amount cannot be greater than this value (setting 0 means disabled)
Dark Oscillator
- Dark Oscillator Strategies: These strategies are very intuitively described, otherwise see full explanation below
- Dark Oscillator Period: Period of the Dark Oscillator indicator
- Dark Oscillator Method: Dark Oscillator Indicator Method
- Dark Oscillator App Price: Dark Oscillator Indicator Price
- dark oscillator rising level: dark oscillator rising level
- Dark Oscillator Down Level: Dark Oscillator Down Level
- Dark Oscillator Additional Rules: Dark Oscillator Additional Rules
- Dark Oscillator Time Frame: Time Frame of the Dark Oscillator indicator
Trading Hour
- Enable time filter: if true, time filter is enabled (if false, EA can trade at any time)
- Trading start time: Business start time
- Transaction start minute: operation start minute
- Trading stop time: business end time
- Trading stop minute: operation end minute
- Close all orders after working hours: Close all orders at the end of the timetable.
NOTE: By default grid operations do not have to respect trading hours, to change this go to grid settings
Trading Days
- Monday: If true, trading is allowed on this day.
- …..
- Sunday: If true, trading is allowed on this day.
Note: By default, grid operations do not have to adhere to trading days. To change this setting, go to Grid settings.
Trading Directions
- Allow buying: If true, Ea can trade using buy orders.
- Allow selling: If true, Ea can trade using sell orders.
- Allow simultaneous buying and selling: If true, I can have 1 transaction buying and 1 transaction selling (or more) at the same time. If false, I cannot trade buy in the market with 1 trade sell. vice versa
- Allow simultaneous orders from other charts: If true, I can place 1 trade from this chart and 1 trade from another chart (or more) at the same time. If false, I cannot trade from the current chart using 1 trade from another chart on the market.
NOTE: Grid operations do not have to respect "Allow Buy" and "Allow Sell", so if a sell order is already open, other sell orders can be opened
Trading Settings
- Max Orders Buy: The maximum number of orders for long positions
- Max Orders Sell: referred to as the maximum number of orders
- One Trade Bar: If true, the bot can only open one trade for that bar. Please note that this is the first order in the series. It does not work with grid orders. For grid orders, please go to Grid Settings below.
- If there is a closed order on the current bar, do not open an order
- Order Time Range: The time range of the order (related to One Trade Bar and DoNotOpenOrders...)
Grid Settings
- Enable Grid: If true, grid orders are enabled; if false, grid orders are disabled. In this case, I suggest you set a stop loss.
- Grid orders respect the maximum spread condition: if true, the grid order respects the "maximum spread" parameter of the position opened on the market
- Grid orders obey indicator conditions: if true, grid orders obey all indicator conditions opened on the market (if false, they will be based on the minimum distance and other parameters that may be set)
- Grid orders respect time condition: If true, grid orders respect the trading hours set above when the market is open. (If wrong, grid order will be open at any time)
- Grid orders respect working day conditions: If true, grid orders will respect the trading day setting when the market opens. (If false, grid orders can also be opened when a day is in "false" status)
- Grid management: Batch management type. -> Below you will find a very detailed description of this setup.
- Coefficient grid management: lot multiplier, martingale, all lot multipliers. -> Below you will find a very detailed description of this setup.
- Minimum distance: The minimum distance for the next order in the point. -> Below you will find a very detailed description of this setup.
- Minimum Distance Multiplier: Multiply the minimum distance for each order. For example, if 2, the minimum distance for any open order is doubled
- One trade bar grid: If true, the robot can only open one trade for bars of the grid order.
- Grid Order Time Range: (Related to "One Trade Bar Grid")
- Minimum distance on Atr: The minimum distance for the new grid order is calculated based on the Atr value * multiplier.
- Atr period: Calculate the Atr period of the minimum distance atr.
- Atr multiplier: Atr multiplication value.
- Atr time range: The Atr time range used to calculate the shortest distance of atr.
- Indicator closed
- Enable Oscillator Closing of Dark Positions: Enable to close trades on dark positions.
Oscillator Rules
- Type of closing: Rules for selecting dark oscillator closing orders 'Close on opposite signals': Buy orders will be closed when we have a sell signal, and
- vice versa
- Close the buy position above the rising level and close the sell position below the low level.
- Close the position buying below the low level and close the position selling above the high level: close the position when the level set below is exceeded...
- Closing level: Upward level for closing orders
- Closing down level: down level for closing orders
- Spreads allowed when obeying the closing indicator: if true, the closing indicator can only close an order if the spread is lower than the "maximum spread" value
- COI only in profit (COI = indicator close): if true, the indicator closes the position only if the profit is greater than 0.
Target Settings
- GetTarget: The coefficient target in the point. (This is a global take profit for open orders on the current chart) (Sell and Buy separately)
- Different take target for first order: If true, a different take target is used if we have only one order in the market. (First order in series)
- Take Target First Orders: If the previous parameter is Enabled (true), Take Target must be set for the first order
- Stop target: Stop point coefficient. (This is the global stop for open orders on the current chart) (For Buy or Sell) NOTE: Disabled by default. To enable it, check the next parameter
- Stop Target Mode: Disabled by default, then you can change to "First Order" or "Default". "First order" means that the global stop loss will be placed X points starting from the first order. When this value is reached, all open orders will be closed at a loss (sells and buys separately) "Default" means that the global stop loss will be set to point X of the "weighted average of entry points" of the current open orders. When this value is reached, all open orders will be closed at a loss. (sold and purchased separately)
- Only close trade at bar end: If true, close trade only at bar end. (I mean only at the end of the bar time, at the "closing" price)
- Closing mode: You can change the default calculation method of stop loss target and acquisition target in Average Points without weighing the lot size. "Breakeven" grid orders are closed as soon as they reach 0 profit/loss (this option is not considered when there is only 1 open order in each direction). Fixed capital is one pip: if the target is 50 pips, profit will be 50 cents for every 0.01 open positions and the profit will be closed
Monetary Loss
- Enable Monetary Loss: If true, turns off the Monetary Loss Amount.
- Multiply the monetary loss: If true, multiply the "monetary loss amount" by 100 X the starting lot size
- Stop the EA after monetary loss: When the maximum monetary loss is reached, the EA is removed from the chart.
- Maximum monetary loss: monetary loss for closing all orders. loss percentage
- Enable Percent Loss: If true, ends up with the "Loss Amount %" amount as a percentage of the account balance.
- Stop EA after Percent Loss: When "Percent Loss" is reached, the EA is removed from the chart.
- Loss amount percentage: The percentage of account balance loss when all orders are closed.
Average Trailing Stop
- Enable average trailing stop: If true, enable average trailing stop
- Only in profit: If true, the average trailing stop is calculated only if the trade is in profit
- Broker Commission: Enter the broker commission amount for a trade
- Average Trailing Stop Value: Trailing Stop Value in points
- Average Trailing Step Value: Trailing Step Value in Points
Note: Average Trailing Stop acts on all open orders in one direction (buy and sell) by calculating a weighted average entry point Note 2: You can see it as a yellow line
Close trading settings
- Freeze all Friday: positions will not change. Ea was completely frozen.
- Freeze time: the time of the previous parameter.
- Friday night closing: This makes it more likely that we will have no orders over the weekend, in fact, it closes all orders in earnings and prevents other orders from being opened. (But if we order at a loss, they will remain on so the grid can be restored)
- Friday closing time: the time of the previous parameter.
- Forced liquidation on Friday night: Even if the order loses money, the position will be liquidated.
- Friday forced liquidation time: the time of the previous parameter.
Graphic Settings
- Custom Comments: Personalized comments for every order.
- Show panel: If true, display the information panel
- Show buttons: If true, show Close Buy, Close Sell and Close All buttons
- Custom Charts: If true, use my favorite color for the current trading chart.
- Show alert: If true, displays the spread and another useful alert
- Spread value for alert: if the spread exceeds this value, the EA will display an alert
- Delay value for alerts: If the delay in MS exceeds this value, the EA will display an alert
Optimize settings
- Minimum number of transactions: If the number of transactions is less than this value, the OnTester value is 0
NOTE: For this EA, by default the OnTester value is Net Profit/Fund Drawdown
- Another EA from this developer, Dark Venus scalping MT4 robot free download
Conclusion
With the foundation of the Dark Oscillator MT5 indicator, Dark Mimas EA is an excellent addition to any trader's toolbox. Its high win rate, full automation, and customizable settings make it a powerful and versatile tool for scalping. As with any expert advisor, optimization and a deep understanding of how it works is critical to success. By investing time in studying the user manual and configuring the settings to your liking, you can harness the power of this highly customizable EA and improve your trading performance.
ForexCracked.comDark-Mimas-EA.zip
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