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Panoptic Dragon MT5
"Panoptic Dragon" is a high accuracy automatic trading solution. Expert is easy to set up and is suitable for both experienced traders and beginners.
Only one trade at a time. Every trade has Stop Loss and Take Profit from very beginning, and they do not change.
This robot enters the market during the London Stock Exchange (LSE). It is based on renko patterns, levels support and resistance, channel indicators with different periods and daily moving average. The direction is determined on the H1 timeframe, the filter is the daily MA with 50 period.
1 out of 10 copies will be sold at this price
Next price $ 699
MT4 version: https://www.mql5.com/en/market/product/63730
Currency pair: EURUSD.
Time frame of the chart for real live execution does not matter. You can set any timeframe.
For testing in MT4, load all timeframes for right results.
Broker and leverage
This expert is not spread and slippage sensitive, you may choose any broker you trust to. You can use hedging or netting system.
Recommend leverage: 1:50 or more.
Input settings description
- Automatic lots - auto calculate volume for one positions. If true, the volume will be calculated according to "Margin risk". If false, the volume will be constantly "Fixed lots"
- Margin risk - %% risk of free margin
- Fixed lots - constant volume for one position
- Max open positions allowed - amount simultaneously open positions
- Take profit - take profit in points
- Stop loss - stop loss in points
- Magic number - unique identifier for EA's orders
- Comment - comment for EA's orders
- Auto GMT - if true, the time settings will be automatically set depending on your broker, otherwise the custom time settings are used (for live trading only)
- GMT time offset - set your broker's time zone (in winter)
- Day filter - you can enable or disable trading on a day of the week
- Daylight saving time - you can choose a daylight saving time offset, or turn it off
- Use Trailing Stop - if true, trailing stop loss will be used
- Trailing is activated (min) - time after opening a position in minutes, after which trailing stop loss will be applied
- Trailing start (points) - trailing stop is activated after profitable points
- Trailing distance (points) - stop loss distance when using trailing stop
Minimum account balance: $100
ForEx pair: EURUSD
Please note that past results cannot guarantee future returns. Even the best hedge funds in the world can not guarantee it.
Added equity and free margin in the dashboard.