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Ruslan Pishun  
Benjamin Chidiebere Chimezie #:

Hi pishun,

I just purchased dragon EA and its activated o my MT5 terminal however i observed that there are 4 Expert advisers with different settings please help me with setup assistance and also the TP isnt active in trades

Hi,

 please help me with setup assistance

Main requirements:

1) Accounts with low spreads.

2) VPS with low ping.

3) default settings: EURUSD H1, EURUSD M30.

4) The minimum balance is $ 50.

5) Leverage of 1: 100 or more is recommended.

 and also the TP isnt active in trades

setting up take profit:
Dadson99  
Hi, 

Does Red dragon trading work on weekends? I purchased it today on Saturday but can't seem to work.  Is there a setting for its customization?
Ruslan Pishun  
Dadson99 #:
Hi, 

Does Red dragon trading work on weekends? I purchased it today on Saturday but can't seem to work.  Is there a setting for its customization?

Hi,

Does Red dragon trading work on weekends? 

The EA does not work weekends and does not have settings to enable weekend work.

Is there a setting for its customization?

all settings are displayed in the user settings.
Michaelxuhaigang  

Hi Author,

There are 6 trailing modes, can you explain what's their difference? If my trade volume is large, which mode is best for me? By the way, I find the trading time for EA Red dragon is very short, this may need very short linkage time to brokers server, very small slippage and slippage, and also trading volume need be small, but for your another EA, which is EA maximum breakouts. the trading time is much larger than Red Dragon, is it because of they using different trail strategy? 


Ruslan Pishun  
Michaelxuhaigang #:

Hi Author,

There are 6 trailing modes, can you explain what's their difference? If my trade volume is large, which mode is best for me? By the way, I find the trading time for EA Red dragon is very short, this may need very short linkage time to brokers server, very small slippage and slippage, and also trading volume need be small, but for your another EA, which is EA maximum breakouts. the trading time is much larger than Red Dragon, is it because of they using different trail strategy? 


Hi,

There are 6 trailing modes, can you explain what's their difference? 

These are slightly different types of trailing stop: for example, some mods do not use the STEP parameter, and the trailing stop is modified every tick if the position is in profit.

Bid = current price.

1) mod = Trailing stop (10) stepwise (5) , Example: Bid - SL >= 10 + 5, SL moves to the price level Bid - 10.

2) mod = Trailing stop (10) standard with step (5) , Example: Bid - open price >= 10 + 5 and Bid - SL >= 10 + 5, SL moves   to the Bid price level - 10.

3) mod = Trailing stop (10) with N points handicap, Example: Bid - open price >= 10 + 10 and Bid - SL >= 10 + 10, SL moves   to the Bid price level - 10.

4) mod = Trailing stop (20) step by step (10) ( 20 and 10, from open price ), Example: Bid - open price >= 10, and Bid - SL >= 10, SL moves   to the Bid price level - 10.

5) mod = Trailing stop(10) by step (5) , Example: Bid - SL >= 10, SL moves   to the Bid price level - 5.

6) mod = trailing stop (10) stepwise (5) , Example: Bid - SL >= 10, SL moves   to the Bid price level - 5. (SL moves   even if it is equal to zero).


It is recommended to use mod 6, it is standard in increments.

If my trade volume is large, which mode is best for me? 
it is better to use the Risk MM = 10%.
But you can adjust any risk or use a fixed lot.

 I find the trading time for EA Red dragon is very short, this may need very short linkage time to brokers server, very small slippage and slippage, and also trading volume need be small,
Advisor requires a low spread account and a low ping VPS to your broker.

Accounts with less commission or no commission at all are required.

Recommended brokers: weltrade (PRO Account) — has a low spread and no commission and roboforex (Account PRIME) — has a low spread and has low commissions.
which is EA maximum breakouts. the trading time is much larger than Red Dragon, is it because of they using different trail strategy? 
they use different scalping strategies.


Michaelxuhaigang  
Ruslan Pishun #:

Hi,

These are slightly different types of trailing stop: for example, some mods do not use the STEP parameter, and the trailing stop is modified every tick if the position is in profit.

Bid = current price.

1) mod = Trailing stop (10) stepwise (5) , Example: Bid - SL >= 10 + 5, SL moves to the price level Bid - 10.

2) mod = Trailing stop (10) standard with step (5) , Example: Bid - open price >= 10 + 5 and Bid - SL >= 10 + 5, SL moves   to the Bid price level - 10.

3) mod = Trailing stop (10) with N points handicap, Example: Bid - open price >= 10 + 10 and Bid - SL >= 10 + 10, SL moves   to the Bid price level - 10.

4) mod = Trailing stop (20) step by step (10) ( 20 and 10, from open price ), Example: Bid - open price >= 10, and Bid - SL >= 10, SL moves   to the Bid price level - 10.

5) mod = Trailing stop(10) by step (5) , Example: Bid - SL >= 10, SL moves   to the Bid price level - 5.

6) mod = trailing stop (10) stepwise (5) , Example: Bid - SL >= 10, SL moves   to the Bid price level - 5. (SL moves   even if it is equal to zero).


It is recommended to use mod 6, it is standard in increments.

it is better to use the Risk MM = 10%.
But you can adjust any risk or use a f
Ruslan Pishun #:

Hi,

These are slightly different types of trailing stop: for example, some mods do not use the STEP parameter, and the trailing stop is modified every tick if the position is in profit.

Bid = current price.

1) mod = Trailing stop (10) stepwise (5) , Example: Bid - SL >= 10 + 5, SL moves to the price level Bid - 10.

2) mod = Trailing stop (10) standard with step (5) , Example: Bid - open price >= 10 + 5 and Bid - SL >= 10 + 5, SL moves   to the Bid price level - 10.

3) mod = Trailing stop (10) with N points handicap, Example: Bid - open price >= 10 + 10 and Bid - SL >= 10 + 10, SL moves   to the Bid price level - 10.

4) mod = Trailing stop (20) step by step (10) ( 20 and 10, from open price ), Example: Bid - open price >= 10, and Bid - SL >= 10, SL moves   to the Bid price level - 10.

5) mod = Trailing stop(10) by step (5) , Example: Bid - SL >= 10, SL moves   to the Bid price level - 5.

6) mod = trailing stop (10) stepwise (5) , Example: Bid - SL >= 10, SL moves   to the Bid price level - 5. (SL moves   even if it is equal to zero).


It is recommended to use mod 6, it is standard in increments.

it is better to use the Risk MM = 10%.
But you can adjust any risk or use a fixed lot.

Advisor requires a low spread account and a low ping VPS to your broker.

Accounts with less commission or no commission at all are required.

Recommended brokers: weltrade (PRO Account) — has a low spread and no commission and roboforex (Account PRIME) — has a low spread and has low commissions. they use different scalping strategies.


ixed lot.

Advisor requires a low spread account and a low ping VPS to your broker.

Accounts with less commission or no commission at all are required.

Recommended brokers: weltrade (PRO Account) — has a low spread and no commission and roboforex (Account PRIME) — has a low spread and has low commissions. they use different scalping strategies.


Thanks author for your detail explanation, I need study your comments one by one.

Michaelxuhaigang  

Hi Author,

For timeframe, 30 minutes or 1 Hour, which one is recommended? Thanks

(Recommended pair/timeframe: EURUSD H1, USDJPY H1 or EURUSD M30, USDJPY M30)

Ruslan Pishun  
Michaelxuhaigang #:

Hi Author,

For timeframe, 30 minutes or 1 Hour, which one is recommended? Thanks

(Recommended pair/timeframe: EURUSD H1, USDJPY H1 or EURUSD M30, USDJPY M30)

Hi,

H1 is better in the long run.

Hari shanker Singh  
Very very bad ea you can put any seting book loss  many time some time book profit overall  very bad
Ruslan Pishun  
Hari shanker Singh #:
Very very bad ea you can put any seting book loss  many time some time book profit overall  very bad

Hello,

the adviser has been at a loss for the last few weeks, this is an economic situation. After a while, everything will resume and the adviser will bring profit.


Kayiwa Tonny  
hello Pishun
i just bought the program but can i get an overview how the work settings 
Kayiwa Tonny  
Does this Ea red dragon work well on Exness standard account
Ruslan Pishun  
Kayiwa Tonny #:
hello Pishun
i just bought the program but can i get an overview how the work settings 

Hello,

Main requirements:

1) Accounts with low spreads (For example:    weltrade (PRO Account) — has a low spread and  no commission  and  roboforex  (Account PRIME— has low commissions) and other brokers with low spreads.
2) VPS with low ping.
3) default settings: EURUSD M30 H1, GBPUSD M30 H1, USDJPY M30 H1, ( the best pair: [ EURUSD M30, USDJPY M30 ] or [ EURUSD H1, USDJPY H1 ] ). 
4) The minimum balance is $ 50.
5) Leverage of 1: 100 or more is recommended.
6) The PC processor should not be overloaded with other programs or advisors ( otherwise, the adviser will not be able to         process all the ticks and this is bad for the adviser ).
7) It is recommended to run the adviser on one account (one account is one adviser).
8) if you use several advisors(several «EA Red Dragon» for example on EURUSD M30 and EURUSD H1) on the same account, make sure that all the advisors have different Magic numbers.
9) You need to check with your broker that the broker allows you to trade scalping strategies by holding a position for less than a minute. ( these brokers allow scalping trading: weltradeAlpari, icmarkets, roboforex  ).

Recommended brokersweltrade (PRO Account) — has a low spread and no commission and  roboforex  (Account PRIME— has a low spread and  has low commissions)

our signal uses default settings ( only the risk parameter "Percentage_Risk" = 20% ) "EA Red Dragon МТ4_5 ( risk mm 20%).set"
EURUSD H1, USDJPY H1: https://www.mql5.com/en/signals/1451749 
Ionel Stefanuca  
Hi,

If I backtest using 'Every Tick' settings I have great results, but if I backtest using 'Every tick based on read ticks' results are very bad. 
Why is this difference?

Here is a test with every tick


Here is a test with 'every tick based on real ticks' settings. As you can see is a big difference in results.
Ruslan Pishun  
Ionel Stefanuca #:
Hi,

If I backtest using 'Every Tick' settings I have great results, but if I backtest using 'Every tick based on read ticks' results are very bad. 
Why is this difference?

Here is a test with every tick


Here is a test with 'every tick based on real ticks' settings. As you can see is a big difference in results.

hi,

The simulation "every tick based on real ticks " has a slip and spread and may be slightly higher than in real trading.


Main requirements:
Recommended
1) Accounts with low spreads, For example: wforex (Account W PROFI— has a low spread and  no commission, weltrade (PRO Account) — has a low spread and  no commission  and  roboforex  (Account PRIME— has low commissions and other brokers with low spreads.
2) VPS with low ping.
3) default settings: EURUSD M30 H1, GBPUSD M30 H1, USDJPY M30 H1, ( the best pair: [ EURUSD M30, USDJPY M30 ] or [ EURUSD H1, USDJPY H1 ] ). 
4) The minimum balance is $ 50.
5) Leverage of 1: 100 or more is recommended.
6) The PC processor should not be overloaded with other programs or advisors ( otherwise, the adviser will not be able to         process all the ticks and this is bad for the adviser ).
7) It is recommended to run the adviser on one account (one account is one adviser).
8) if you use several advisors(several «EA Morpheus» for example on EURUSD M30 and EURUSD H1) on the same account, make sure that all the advisors have different Magic numbers.
9) You need to check with your broker that the broker allows you to trade scalping strategies by holding a position for less than a minute. ( these brokers allow scalping trading: weltradeAlpari, icmarkets, roboforex,wforex  ).

Recommended brokerswforex (Account W PROFI— has a low spread and  no commission  and  roboforex  (Account PRIME— has low commissions and other brokers with low spreads.


Recommended: EURUSD H1, USDJPY H1
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