PLATFORM & SOFTWARE TYPE
đĽď¸ PLATFORM: MT4 ⢠SOFTWARE TYPE: EA
DRACULA FOREX ROBOT
Dracula Forex Robot is a sophisticated MT4 Expert Advisor engineered for dynamic, multi-strategy execution. It combines aggressive volatility capture with advanced defensive mechanisms, providing an integrated system for managing market exposure across varying conditions.
đ TRADING STRATEGY
Dracula utilizes a powerful confluence of indicators including dual Parabolic SAR (PSAR) analysis, volatility channel confirmation (Envelopes), and multi-timeframe Pivot Point filters to identify high-probability reversal and continuation points. The core strategy is built around controlled hedging and trade recovery. When initial trades face adverse movement, the robot selectively deploys counter-trades (hedges) using a second layer of technical analysis to buffer equity exposure and manage overall drawdown.
đŻ BEST FOR
* Â Traders who require highly customizable entry and exit criteria.
* Â Users who prioritize integrated hedging mechanisms for risk mitigation.
* Â Environments demanding multi-timeframe technical confirmation (PSAR, EMA, Pivot checks).
* Â Investors seeking comprehensive money management tools, including scaled exits and equity protection.
đą RECOMMENDED PAIRS
This Expert Advisor is highly adaptable due to its extensive filtering system. While optimization often begins with volatile cross pairs (e.g., GBPJPY), the strategy can be tuned for majors (EURUSD, USDJPY) by adjusting the timeframes and volatility parameters.
âď¸ SETTINGS AND PARAMETERS
Dracula is designed for deep customization, offering control over virtually every aspect of trade entry, risk, and exit.
* Â ENTRY FILTERS
  *  Dual Parabolic SAR: Separate configuration for two PSAR instances (TC and TC2) on different timeframes (e.g., M30 and M5) for precise signal crossing.
  *  Envelopes Indicator: Utilize upper and lower band crossings for primary entries and exits.
  *  Pivot Filtering: Advanced filtering across multiple timeframes (H1, H4, D1, W1, MN) to ensure entries align with key market levels.
  *  Price Action/Pattern Filter: Built-in MQL logic to filter out entries based on specified candle shapes and patterns.
* Â RISK AND MONEY MANAGEMENT
  *  Maximum Risk and Fixed Lots: Standardized risk controls per trade.
  *  Martingale Option: Optional money management logic that increases lot size based on previous losses, adjustable by a multiplier.
  *  Maximum Trades Limit: Control the total number of open positions globally and specifically for long/short direction.
  *  Emergency Loss Protection: A global equity target that closes all positions if drawdown reaches a specified limit.
* Â POSITION MANAGEMENT
  *  Hedging Control: Detailed settings for initiating, managing, and doubling hedge positions.
  *  Hidden Stops: Use of Hidden Stop Loss and Take Profit (invisible to the broker) based on distance in points.
  *  Advanced Exits: Breakeven function, Trailing Stop activation, and scaled profit/loss closing (closing partial lots at defined point targets).
* Â TIME MANAGEMENT
  *  Hour Restrictions: Set specific start and end hours for opening new trades (separately for longs and shorts).
  *  Daily Closure: Option to close all open trades at a fixed time of day.
đ§ USER INPUTS (EX4/EX5) â what each setting does
⢠custom_balance â Controls the âcustom_balanceâ parameter (bool). (default: FALSE)
⢠balance â Controls the âbalanceâ parameter (double). (default: 10000.0)
⢠ema_filter â Controls the âema_filterâ parameter (bool). (default: FALSE)
⢠ema_period â Controls the âema_periodâ parameter (int). (default: 60)
⢠ema_tf â Controls the âema_tfâ parameter (int). (default: 5)
⢠auto_tf_settings â Controls the âauto_tf_settingsâ parameter (bool). (default: FALSE)
⢠auto_trade_at_cross â Controls the âauto_trade_at_crossâ parameter (bool). (default: TRUE)
⢠trade_at_the_cross_only â Controls the âtrade_at_the_cross_onlyâ parameter (bool). (default: FALSE)
⢠parabolic_sar â Controls the âparabolic_sarâ parameter (string). (default: "//////parabolic stop and reverse////////////////")
⢠open_with_tc â Controls the âopen_with_tcâ parameter (bool). (default: TRUE)
⢠close_with_tc â Controls the âclose_with_tcâ parameter (bool). (default: FALSE)
⢠use_tc_hedge â Controls the âuse_tc_hedgeâ parameter (bool). (default: TRUE)
⢠psar â Controls the âpsarâ parameter (double). (default: 0.003)
⢠max â Controls the âmaxâ parameter (double). (default: 0.2)
⢠time_frame_for_signal â Controls the âtime_frame_for_signalâ parameter (int). (default: 30)
⢠parabolic_sar_2 â Controls the âparabolic_sar_2â parameter (string). (default: "second parabolic stop and reverse//////////////")
⢠open_with_tc2 â Controls the âopen_with_tc2â parameter (bool). (default: TRUE)
⢠close_with_tc2 â Controls the âclose_with_tc2â parameter (bool). (default: FALSE)
⢠use_tc2_hedge â Controls the âuse_tc2_hedgeâ parameter (bool). (default: FALSE)
⢠psar2 â Controls the âpsar2â parameter (double). (default: 0.06)
⢠max2 â Controls the âmax2â parameter (double). (default: 0.2)
⢠time_frame_for_signal2 â Controls the âtime_frame_for_signal2â parameter (int). (default: 5)
⢠reverse_second_tc_entry â Controls the âreverse_second_tc_entryâ parameter (bool). (default: TRUE)
⢠reverse_second_tc_exits â Controls the âreverse_second_tc_exitsâ parameter (bool). (default: TRUE)
⢠money_management â Controls the âmoney_managementâ parameter (string). (default: "settings//////////////////////////////////// ")
⢠manage_all_trades â Controls the âmanage_all_tradesâ parameter (bool). (default: TRUE)
⢠Maximum_Risk â Controls the âMaximum_Riskâ parameter (double). (default: 1.0)
⢠Lots â Fixed lot size when Money Management is off. (default: 0.01)
⢠use_martingale â Controls the âuse_martingaleâ parameter (bool). (default: FALSE)
⢠multiplier â Controls the âmultiplierâ parameter (double). (default: 20.0)
⢠Max_Lots_allowed â Fixed lot size when Money Management is off. (default: 50.0)
⢠mm_calculation â Controls the âmm_calculationâ parameter (int). (default: 10000)
⢠max_trades â Controls the âmax_tradesâ parameter (int). (default: 1000)
⢠limit_longs â Controls the âlimit_longsâ parameter (int). (default: 1000)
⢠limit_shorts â Controls the âlimit_shortsâ parameter (int). (default: 1000)
⢠close_trades_limit â Controls the âclose_trades_limitâ parameter (bool). (default: TRUE)
⢠limit â Controls the âlimitâ parameter (int). (default: 1000)
⢠double_the_hedge â Controls the âdouble_the_hedgeâ parameter (bool). (default: TRUE)
⢠hedge_plus â Controls the âhedge_plusâ parameter (double). (default: 1.0)
⢠dis_dbl_hedge â Controls the âdis_dbl_hedgeâ parameter (bool). (default: FALSE)
⢠at_percent_profit â Controls the âat_percent_profitâ parameter (double). (default: -6.0)
⢠taking_profit â Controls the âtaking_profitâ parameter (string). (default: "settings /////////////////////////////////")
⢠profit_target_percent â Controls the âprofit_target_percentâ parameter (double). (default: 0.5)
⢠equity_target â Controls the âequity_targetâ parameter (double). (default: 1000.0)
⢠emergency_loss_protection â Controls the âemergency_loss_protectionâ parameter (double). (default: -10000.0)
⢠breakeven â Moves stop to entry after reaching this profit. (default: FALSE)
⢠BreakEven â Moves stop to entry after reaching this profit. (default: 5000)
⢠use_hidden_stop_loss â Controls the âuse_hidden_stop_lossâ parameter (bool). (default: FALSE)
⢠hidden_sl â Controls the âhidden_slâ parameter (int). (default: 10)
⢠use_hidden_take_profit â Controls the âuse_hidden_take_profitâ parameter (bool). (default: FALSE)
⢠hidden_tp â Controls the âhidden_tpâ parameter (int). (default: 10)
⢠trail â Controls the âtrailâ parameter (bool). (default: FALSE)
⢠TrailingStop â Enables a trailing stop with this distance. (default: 10)
⢠high_low â Controls the âhigh_lowâ parameter (string). (default: "h/l filter//////////////////////////////")
⢠hi_lo_filter â Controls the âhi_lo_filterâ parameter (bool). (default: FALSE)
⢠h_l_tf â Controls the âh_l_tfâ parameter (double). (default: 240.0)
⢠pivot_filter1 â Controls the âpivot_filter1â parameter (string). (default: "one pivot/////////////////////////////// ")
⢠one_pivot â Controls the âone_pivotâ parameter (bool). (default: FALSE)
⢠piv_period â Controls the âpiv_periodâ parameter (int). (default: 60)
⢠level â Controls the âlevelâ parameter (double). (default: 50.0)
⢠pivot_filter2 â Controls the âpivot_filter2â parameter (string). (default: "all pivots//////////////////////////////")
⢠auto_pivot â Controls the âauto_pivotâ parameter (bool). (default: FALSE)
⢠orders â Controls the âordersâ parameter (double). (default: 20.0)
⢠pivot_filter â Controls the âpivot_filterâ parameter (bool). (default: FALSE)
⢠bars_back â Controls the âbars_backâ parameter (int). (default: 1)
⢠show_piv_lines â Controls the âshow_piv_linesâ parameter (bool). (default: TRUE)
⢠customize_the_pivot â Controls the âcustomize_the_pivotâ parameter (string). (default: "longs//////////// ")
⢠h1_tf â Controls the âh1_tfâ parameter (double). (default: 60.0)
⢠h1 â Controls the âh1â parameter (double). (default: 50.0)
⢠h4_tf â Controls the âh4_tfâ parameter (double). (default: 240.0)
⢠h4 â Controls the âh4â parameter (int). (default: 50)
⢠d1_tf â Controls the âd1_tfâ parameter (double). (default: 1440.0)
⢠d1 â Controls the âd1â parameter (int). (default: 50)
⢠w1_tf â Controls the âw1_tfâ parameter (double). (default: 10080.0)
⢠w1 â Controls the âw1â parameter (int). (default: 50)
⢠mn_tf â Controls the âmn_tfâ parameter (double). (default: 43200.0)
⢠mn â Controls the âmnâ parameter (int). (default: 50)
⢠customize_the_pivot2 â Controls the âcustomize_the_pivot2â parameter (string). (default: "shorts/////////// ")
⢠h1_tfs â Controls the âh1_tfsâ parameter (double). (default: 60.0)
⢠h1s â Controls the âh1sâ parameter (double). (default: 50.0)
⢠h4_tfs â Controls the âh4_tfsâ parameter (double). (default: 240.0)
⢠h4s â Controls the âh4sâ parameter (int). (default: 50)
⢠d1_tfs â Controls the âd1_tfsâ parameter (double). (default: 1440.0)
⢠d1s â Controls the âd1sâ parameter (int). (default: 50)
⢠w1_tfs â Controls the âw1_tfsâ parameter (double). (default: 10080.0)
⢠w1s â Controls the âw1sâ parameter (int). (default: 50)
⢠mn_tfs â Controls the âmn_tfsâ parameter (double). (default: 43200.0)
⢠mns â Controls the âmnsâ parameter (int). (default: 50)
⢠pricefilter â Controls the âpricefilterâ parameter (bool). (default: TRUE)
⢠patternsfilter â Controls the âpatternsfilterâ parameter (bool). (default: TRUE)
⢠env4 â Controls the âenv4â parameter (string). (default: "//////envelopes")
⢠open_with_envelopes â Controls the âopen_with_envelopesâ parameter (bool). (default: TRUE)
⢠close_with_envelopes â Controls the âclose_with_envelopesâ parameter (bool). (default: FALSE)
⢠env2 â Controls the âenv2â parameter (string). (default: "buy options")
⢠envelopes_period_buy â Controls the âenvelopes_period_buyâ parameter (int). (default: 2)
⢠apply_to_buy â Controls the âapply_to_buyâ parameter (int). (default: 3)
⢠apply_to_close_buy â Controls the âapply_to_close_buyâ parameter (int). (default: 2)
⢠buy â Controls the âbuyâ parameter (double). (default: 0.01)
⢠close_buy â Controls the âclose_buyâ parameter (double). (default: 0.01)
⢠open_buy_upper_line â Controls the âopen_buy_upper_lineâ parameter (bool). (default: FALSE)
⢠exit_buy_upper_line â Controls the âexit_buy_upper_lineâ parameter (bool). (default: TRUE)
⢠open_buy_lower_line â Controls the âopen_buy_lower_lineâ parameter (bool). (default: TRUE)
⢠exit_buy_lower_line â Controls the âexit_buy_lower_lineâ parameter (bool). (default: FALSE)
⢠env3 â Controls the âenv3â parameter (string). (default: "sell options")
⢠envelopes_period_sell â Controls the âenvelopes_period_sellâ parameter (int). (default: 2)
⢠apply_to_sell â Controls the âapply_to_sellâ parameter (int). (default: 2)
⢠apply_to_close_sell â Controls the âapply_to_close_sellâ parameter (int). (default: 3)
⢠sell â Controls the âsellâ parameter (double). (default: 0.01)
⢠close_sell â Controls the âclose_sellâ parameter (double). (default: 0.01)
⢠time_frame_for_env â Controls the âtime_frame_for_envâ parameter (int). (default: 0)
⢠open_sell_upper_line â Controls the âopen_sell_upper_lineâ parameter (bool). (default: TRUE)
⢠exit_sell_upper_line â Controls the âexit_sell_upper_lineâ parameter (bool). (default: FALSE)
⢠open_sell_lower_line â Controls the âopen_sell_lower_lineâ parameter (bool). (default: FALSE)
⢠exit_sell_lower_line â Controls the âexit_sell_lower_lineâ parameter (bool). (default: TRUE)
⢠trading_time â Controls the âtrading_timeâ parameter (string). (default: "///////////////////////////////////////////")
⢠dont_restrict_hedge â Controls the âdont_restrict_hedgeâ parameter (bool). (default: TRUE)
⢠UseHourTrade_longs â Controls the âUseHourTrade_longsâ parameter (bool). (default: FALSE)
⢠FromHourTrade_longs â Controls the âFromHourTrade_longsâ parameter (int). (default: 5)
⢠ToHourTrade_longs â Controls the âToHourTrade_longsâ parameter (int). (default: 9)
⢠UseHourTrade_shorts â Controls the âUseHourTrade_shortsâ parameter (bool). (default: FALSE)
⢠FromHourTrade_shorts â Controls the âFromHourTrade_shortsâ parameter (int). (default: 5)
⢠ToHourTrade_shorts â Controls the âToHourTrade_shortsâ parameter (int). (default: 9)
⢠UseHourTrade â Controls the âUseHourTradeâ parameter (bool). (default: FALSE)
⢠FromHourTrade â Controls the âFromHourTradeâ parameter (int). (default: 5)
⢠ToHourTrade â Controls the âToHourTradeâ parameter (int). (default: 9)
⢠close_all_trades_at_time â Controls the âclose_all_trades_at_timeâ parameter (bool). (default: FALSE)
⢠CloseHour â Controls the âCloseHourâ parameter (int). (default: 21)
⢠CloseMinute â Controls the âCloseMinuteâ parameter (int). (default: 0)
⢠alerts â Controls the âalertsâ parameter (string). (default: "notification options//////////////////////////////////")
⢠Use_popup_and_sound_alert â Controls the âUse_popup_and_sound_alertâ parameter (bool). (default: FALSE)
⢠Use_Sound_only â Controls the âUse_Sound_onlyâ parameter (bool). (default: FALSE)
⢠email_notification â Controls the âemail_notificationâ parameter (bool). (default: FALSE)
⢠comments â Controls the âcommentsâ parameter (bool). (default: TRUE)
đ˝ HOW TO INSTALL (MT4)
⢠Download: (.ex4)
⢠MetaTrader â File â Open Data Folder
⢠MQL4 â Experts â paste file â restart MT4
⢠Navigator (Ctrl+N): drag onto chart
⢠Enable: Allow live trading + DLL imports
⢠Click AutoTrading (âş)
â
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đ CONTACT & SUPPORT
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â ď¸ DISCLAIMER
Trading involves risk. Past performance does not guarantee future results.
The author doveforexmarkets has offered the item for free, you can now download it.
Last update:
31 Dec, 2025 01:04 AM
Published:
31 Dec, 2025 12:59 AM
Version:
v2.1
Category:
Files Included:
YesInstructions Included:
YesSource Code Included:
YesTags: