- Advertisement -
- Advertisment -spot_imgspot_img

FREE EA Red Dragon

The Expert Advisor uses the strategy based on the breakdown of the most important support and resistance levels. Adaptive trade trailing algorithm is used. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade.

The EA integrates a system of partial position closure during slippages (can be configured).

It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing.

The EA contains the algorithm of statistics collection with output on the information panel.

Monitoring: https://www.mql5.com/en/signals/563363

Key Advantages

  • Does not use Martingale.
  • Does not use Ilan.
  • No arbitrage.
  • No Grid.
  • Does not use other risky strategies.
  • Always use of stop loss to protect capital.
  • Based on genuine ‘in-house’ algorithm.
  • Works with different brokers.
  • It can work with a small deposit.
  • Only pending orders.
  • Can work with fixed lot and MM.
  • Does not open orders with a high spread. (can be configured).

Requirements and Recommendations

  • 5-digit quotes.
  • Maximum allowed spread — 0 to 20 pips.
  • Minimum deposit is 100$.
  • Use VPS or hosting server with minimal network latency to the broker’s server.
  • ECN broker with low commission and spread.
  • Leverage of 1: 100 or more is recommended.

Parameters

  • Order Type — Trade direction.
  • Magic — The magic number of the EA’s orders.
  • Order comment — A comment to the EA’s trades.
  • Slippage — Allowable slippage before an order triggers.
  • Use custom slippage — When set to true, the EA will close orders is slippage is above custom slippage.
  • custom slippage — Slippage value to close orders.
  • Max Spread — Maximum Spread allowed before pending order triggers.
  • disable trade if spread high — Disable trading for some time (from 5 minutes to 24 hours) if the average spread exceeds Max Spread.
  • Use_Risk_MM — When set to true, lot size is increased together with account balance increase (Risk Management).
  • Percentage_Risk — Lot size increase based on the balance value (Risk Management in %).
  • Lot — Fixed lot value (if Use_Risk_MM – false).
  • Take_Profit — take profit level in points.
  • Stop_Loss — stop loss in points.
  • Trailing Stop — Trailing Stop points when the position is in profit. (-1 = off, 0 = Stop_Loss ).
  • Trailing Step — Trailing Step points when the position is in profit.  
  • breakdown past weeks — When set to true, the EA uses breakdown of past weeks.
  • Adaptive Trailing Stop:
    • Risk_Protection_on_slippages — If true, the EA also applies position closure in case of a slippage.
    • Adaptive_Trailing_to_slippages — If true – adaptive trailing stop.
    • Change_correction_coefficient — Trailing sensitivity coefficient.
    • Adaptive_by_Time — Algorithm of adaptive trailing by time.
    • Time_Scale — time interval for price analysis.
EA Red Dragon

Trading within the week:

  • Monday — When set to true, trading on Monday is allowed.
  • Tuesday — When set to true, trading on Tuesday is allowed.
  • Wednesday — When set to true, trading on Wednesday is allowed.
  • Thursday — When set to true, trading on Thursday is allowed.
  • Friday — When set to true, trading on Friday is allowed.

Time trading within a day:

  • Use time — when set to true, trades in certain time intervals.
  • Time_Setting — server time or computer time.
  • GMT_mode — GMT offset of the broker server time. (0 – not used).
  • Every_Day_Start — operation start time (HH:MM).
  • Every_Day_End — operation end time (HH:MM).

Friday close time:

  • Use time — If true, trades at a certain time.
  • Time_Setting — server time or computer time.
  • GMT_mode — GMT offset of the broker server time. (0 – not used).
  • Disable_in_Friday — operation end time on Friday (HH:MM).
EA Red Dragon

Instructions for installing the advisor:
This trading robot uses a custom DLL «msimg32.dll». Some antiviruses can block it and mark it as a virus. You need to make your antivirus «allow it». This false alarm is triggered because it is a custom DLL and is not verified by any publisher, but is required to unblock the advisor.
The library will work up to build 1320 inclusive.If your build is over 1320 you need to download this  terminal  and place it with a replacement in the root directory.
To disable auto-update of MT4 terminal do the following:
-Go to the folder C: / Users / Username / AppData / Roaming / MetaQuotes . Delete the entire «WebInstall» folder with all its contents.
-Create a file of any content named WebInstall.
For example, you can create a text document in notepad and rename it, remembering to remove the ending .txt.

Installation: unzip the library file «msimg32» and drop it into the root directory of the terminal, next to terminal.exe. Then restart the terminal.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_imgspot_img
RELATED

Golden Million 1.2 MT4

Golden Million 1.2 MT4 Hello my name is Alexey, I am a professional algorithm developer for trading on financial markets, crypto currency market and forex....
Generic selectors
Exact matches only
Search in title
Search in content

PREMIUM

Price Action EA MT5 V2.0

Price Action EA MT5 V2.0 Surely you know that if a large number of people use the same strategy and expert, that expert and strategy...

🔥🔥🔥NORTH EAST WAY 1.300 LATEST VERSION🔥🔥🔥

🔥🔥🔥NORTH EAST WAY 1.300 LATEST VERSION🔥🔥🔥 My channel: https://t.me/new_signals My contact: https://t.me/PAVELUDONorth East Way EA  it is a fully automated “pullback” trading system, which is especially effective in trading...

Dmf Ai EA Mini For FTMO and Prop Firms 1.03 Incl. Set

Dmf Ai EA Mini For FTMO and Prop Firms 1.03 Incl. Set https://youtu.be/n7uwSAfhdyI DMF AI EA ROBOT MINI FOR FTMO AND OTHER PROP FIRMS There's no wrong...

PGM MASTER EA 6.5 mt4

PGM MASTER EA 6.5 mt4 PGM Trading software to outsmart the marketsBrokers, banks, institutions, funds, liquidity providers already use trading algorithms for many years. That...

Golden Million 1.2 MT4

Golden Million 1.2 MT4 Hello my name is Alexey, I am a professional algorithm developer for trading on financial markets, crypto currency market and forex....

EA Golden Elephant 8.0

Mql5 EA Golden Elephant 8.0 Download ✅ The Expert Advisor cannot be tested on history due to the complex algorithm of actions for calculating volumes The intelligent...

Trade Assistant 9.0 MT4

Trade Assistant 9.0 MT4 It helps to calculate the risk per trade, the easy installation of a new order, order management with partial closing functions,...

Blazing Night Scalper 2.4 MT4

Blazing Night Scalper 2.4 MT4 CURRENT PRICE $249. Future price will be $499.Early Users of Blazing Night Scalper get the lowest price.*** Warning: I only sell...

Vision Scalper V7 with News Filter

Vision Scalper 7 with News Filter #1 Scalping Algorithm Download Our target is to provide beginner a TRULY easy to use and “let me do the...

Trend Line PRO 1.4 EA mt4

Trend Line PRO 1.4 EA mt4 The Expert Advisor trades on the signals of the Trend Line PRO indicator https://youtu.be/KonudfLLJGU Important! After buying Trend Line EA, contact me to...
- Advertisement -

Latest

Aura Pro MT4 1.3 Latest

Aura Pro MT4 1.3 Latest Aura Pro is a unique grid expert based on deep machine learning, hyperparameter search technology. In machine learning, hyperparameter optimization...

Golden Million 1.2 MT4

Golden Million 1.2 MT4 Hello my name is Alexey, I am a professional algorithm developer for trading on financial markets, crypto currency market and forex....

PriceSeine 1.5

PriceSeine 1.5 This is a grid EA that manages Martingale and Pyramiding networks simultaneously. This allows the product to smoothly pass trend movements having small...

Dmf Ai EA Mini For FTMO and Prop Firms 1.03 Incl. Set

Dmf Ai EA Mini For FTMO and Prop Firms 1.03 Incl. Set https://youtu.be/n7uwSAfhdyI DMF AI EA ROBOT MINI FOR FTMO AND OTHER PROP FIRMS There's no wrong...

Price Action EA MT5 V2.0

Price Action EA MT5 V2.0 Surely you know that if a large number of people use the same strategy and expert, that expert and strategy...

Trade Assistant 9.0 MT4

Trade Assistant 9.0 MT4 It helps to calculate the risk per trade, the easy installation of a new order, order management with partial closing functions,...

Black dragon indicator 4.10 mt4

Black dragon indicator 4.10 mt4 https://youtu.be/3J_vT8vQxdo The trend detection indicator will compliment any strategy and can also be used as an independent tool. IMPORTANT! Contact me immediately...

Euronis Scalper V1.274 MT5

Euronis Scalper V1.274 MT5 The legendary scalper is on the market! ADVANTAGES Scalping strategy without gridding or the martingale methodUses Limit Orders for entry and TakeProfit for...

Midnight Blitz 3.8 MT4

Midnight Blitz 3.8 MT4 CURRENT PRICE $199. Future price will be $499.Early Users of Midnight Blitz get the lowest price.*** Warning: I only sell EA's through...

Bober Lannister 1.3 MT5 Incl. Set files

Bober Lannister 1.3 MT5 Incl. Set files Bober Lannister MT5 - is fully automated cross platform trading robot. Only one trade at a time. No "Recovery algorithm...
- Advertisment -BuyBitcoinFiveMinute

Most Commented

Adaptive Trend Hunter 3.0

Mql5 Adaptive Trend Hunter Download Adaptive Trend HunterSpecial offer! There is only one copy left, priced at $ 1,499. Next price is $ 2,500 Adaptive Trend Hunter is...

FREE Nasdaq Ghost Robot Platinum EA

FREE Nasdaq Ghost Robot Platinum EA Download No additional Info... DOWNLOAD

FREE London Pride EA

FREE Mql5 London Pride EA Download Live Signal https://www.mql5.com/en/signals/943610London Pride is a high-end, totally automated Expert Advisor specifically devised to trade with GBPUSD currency pair. It...

FREE R Factor EA 1.67 UPDATE

R Factor EA 1.67 BECAME FREE, THANKS FOR SUPPORTING US!!!! R FACTOR Expert Advisor with Proprietary Dynamic Portfolio Management System After 4 years of development and...

Waka Waka EA V2.12

Mql5 Waka Waka EA V2.12 Download EA has a live track record with many years of stable trading with low drawdown: Live performance MT5 version can be found here Currently available...
- Advertisement -

TRENDING NOW

FREE Nasdaq Ghost Robot Platinum EA

FREE Nasdaq Ghost Robot Platinum EA Download No additional Info... DOWNLOAD

FREE Forex Fury v4

FREE FOREX FURY v4 DOWNLOAD The Forex Fury robot provides traders with real-time automated results that can be trusted as we boast a 93% winning track...

Price Action EA MT5 V2.0

Price Action EA MT5 V2.0 Surely you know that if a large number of people use the same strategy and expert, that expert and strategy...

🔥🔥🔥NORTH EAST WAY 1.300 LATEST VERSION🔥🔥🔥

🔥🔥🔥NORTH EAST WAY 1.300 LATEST VERSION🔥🔥🔥 My channel: https://t.me/new_signals My contact: https://t.me/PAVELUDONorth East Way EA  it is a fully automated “pullback” trading system, which is especially effective in trading...

Dmf Ai EA Mini For FTMO and Prop Firms 1.03 Incl. Set

Dmf Ai EA Mini For FTMO and Prop Firms 1.03 Incl. Set https://youtu.be/n7uwSAfhdyI DMF AI EA ROBOT MINI FOR FTMO AND OTHER PROP FIRMS There's no wrong...
- Advertisement -spot_imgspot_img

🔥This is how the ALL ACCESS Pass looks like

❤️If you go for Silver you will have 10 downloads a month
❤️If you go for Gold you will have unlimited downloads!!!

📌As usual, All updates included

✅If you are an old time buyer and want to join the group, please contact @Getforexea_admin

🚨To get your ALL ACCESS pass contact @Getforexea_admin

📌Payment through Crypto or PayPal