Emerald Dragon

Introducing Emerald Dragon: Your Gateway to Trading Success

Are you tired of navigating the treacherous waters of the forex markets, always on the lookout for opportunities? The trading world can be relentless, leaving you yearning for a reliable companion. Look no further. Allow me to introduce you to Emerald Dragon, a formidable trading algorithm designed to extinguish your trading woes and ignite your success.

Emerald Dragon is not just another algorithm; it's your trusty partner in the dynamic forex realm. It leverages cutting-edge data and statistical analysis to unearth profitable trading opportunities and execute orders with surgical precision. Say goodbye to guesswork and hello to rule-based trading.

Mastering Market Reversals and Market Trends with Emerald Dragon

Emerald Dragon EA is your key to unlocking the secrets of market reversals and Market trends. This EA is not about risky strategies like martingale or grid—it's about reliable statistical methods, historical data analysis, and real-time market vigilance. This algorithm thrives on automation, making it your strategic ally for optimizing entry and exit points.

Worried about risk? Fear not. Emerald Dragon EA adapts dynamically to market volatility, ensuring your trading aligns with your risk tolerance and financial objectives. With no more than two active trades per currency pair, your trades are in capable hands.

The Science Behind the Dragon's Roar

Emerald Dragon EA stands apart by harnessing the power of time-series analysis and data wizardry. It analyzes historical data, employing statistical calculations to identify prime moments for trading. The Lot size, Stoploss, Take Profit, and Trailing SL are all meticulously crafted based on real-time market conditions, ensuring you stay in control.

Remember, your results may vary slightly due to data quality. But rest assured, the Dragon's principles remain consistent.

Parameters:

The following are the parameters to control this EA:

Lots: 

Set a value to use fixed lots. Set it equal to "0" (zero) to use Automatic Lots based on Risk_Percent.

Risk_Percent: 

This parameter helps you control what percent of your account balance should be risked per trade if automatic lots is chosen. Example: "1" means 1 percent and 0.5 means 0.5%.

Mode: 

If you are a trader with a bias based on fundamental analysis, this parameter helps you control the direction of your trades (Long Only | Short Only | Automatic).

TP_Multiplier: 

If SL is 10 pips away, setting this parameter to 2 will set TP 20 Pips away. This helps you control your Risk-Reward ratio. Setting of 2 and above is recommended.

SL_ATR: 

When this parameter is set to 3, it uses 3 times ATR below recent low as Stoploss which is a recommended setting.

UseTrailingStop: 

True = Use Trailing stops | False = Don't use Trailing stops.

UseBreakeven: 

True = Use Breakeven when possible | False = Disable Breakeven.

AcceptableSpreadPts: 

This parameter is helpful to stop trading when the spread is too wide. When set to 30, the algo stops trading when the spread is wider than 3 pips.

Trade_Start_Hour: 

Using this parameter, you can set at what time the EA should start placing trades.

Trade_End_Hour: 

This parameter is used to let the EA know by what time it should stop placing trades.

Magic: 

This is just a unique number to track the trades pertaining to this particular EA.


Backtesting Results – See It to Believe It

Before you embark on your trading journey, explore our backtesting results. Witness accuracy above 60% and a profit factor consistently above 2, particularly with the "EURUSD" currency pair. While the Dragon may face occasional challenges, it has proven its profitability over the longer term.

Remember that your results may vary depending on your data quality. Always conduct your own backtesting for a personalized assessment.

Disclaimer: Trading Wisdom

Past performance does not guarantee future returns. Back-test across various currency pairs, adjust parameters, and engage in forward testing with a small capital account before deploying Emerald Dragon. While we strive to manage risks, market uncertainty is inherent.

Recommended Settings – Your Path to Success

Emerald Dragon thrives in the 1-hour timeframe with the "EURUSD" and "USDJPY" pairs, but stay tuned for updates on other major pairs. Consider deploying the Dragon when you anticipate strong directional trends in a currency pair. Currency pairs that have general tendency to form trends like  USDJPY or EURUSD are best suited for this EA.

Your Voice Matters

Your feedback fuels our improvement. Share your thoughts and suggestions to shape the future of Emerald Dragon and our upcoming products. I am committed to enhancing your trading experience. You may also send me a message if you are stuck and need help.

The Future – Your Future

The journey has just begun. Expect a continuous stream of features and improvements in upcoming versions. Your feedback paves the way for a brighter trading future. Happy trading with Emerald Dragon!


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LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ NEW: Buy Goldbot One and choose 1 EA for free!! (for 2 trade accounts) JOIN PUBLIC GROUP:   Click here Ultimate Combo Deal   ->   click here Introducing   Goldbot One , a highly sophisticated trading robot engineered for the gold market. With its focus on breakout trading, Goldbot One leverages both support and resistance levels to identify prime trading opportunities. This expert advisor is crafted for traders who seek
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Thi Thu Ha Hoang
4.6 (15)
Experts
Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
PolyGold Scalper MT4
Connor Michael Woodson
Experts
PolyGold Scalper is a short-term scalping system for XAUUSD that can make trading decisions based on integration with Polymarket API. Live Signal: CLICK HERE All trading is done within MetaTrader and does not require API keys or a Polymarket account. The chart includes a panel that mirrors the data feed from Polymarket and refreshes every few seconds. The EA only enters single-shot positions and manages them without the use of grid or martingale. Exits are based on a dynamic virtual stop loss an
MacroAu
Olivier Nomblot
Experts
MacroAU (try 15m in tester since Jan - it was a trying time for Gold) new extra modules coming see comments. One trade per day. That's the whole discipline. Not ten trades. Not a grid. One. Gold gives you one clear opportunity most days, and dozens of tempting traps. MacroAU is built to take the first and refuse the rest. Each morning it studies the structure the market has built overnight, decides whether today qualifies at all, then takes a single position with a real stop, a defined target an
Gold Scalper Unlimited
Florin Tudor
Experts
Gold Maximum Scalper Gold Scalping Expert Advisor for MetaTrader 4 Gold Maximum Scalper is an automated trading EA designed for XAUUSD. It uses Volume Profile levels, including POC, VAH and VAL, to identify potential market reactions, breakouts and trading opportunities. Key Features Volume Profile analysis with customizable settings. Multiple entry modes: Reaction, Reversal, Breakout and Range. Basket trading with adjustable lot multiplier. Common take profit based on average entry price. Autom
Recovery Manager Pro MT4
Ianina Nadirova
5 (1)
Experts
Recovery Manager Pro is a system for recovering drawdowns from other advisors or from manually opened orders. RM Pro has the ability to automatically dynamically adjust. The trader needs to select the risk level and the advisor will work in fully automatic mode. Can work in drawdown recovery mode and standby mode! If another advisor generates a drawdown, RM Pro will disable it, lock the position and start the process of restoring the deposit using partial closures. In its trading, the advisor u
Exotic Adv
Ivan Simonika
Experts
Exotic Bot   is a multi -cream multifunctional adviser working on any time frame and in any market conditions. The robot’s work is taken as a system of averaging with the non -geometric progression of the construction of a trading grid. Built -in protection systems: special filters, spreading, internal restriction of trading time. Building a trading grid, taking into account important internal levels. The ability to configure trading aggressiveness. Work postponed orders with trailing orders. T
Moving Average EA MT4
Juvenille Emperor Limited
4.2 (5)
Experts
Moving Average EA ΜΤ4   is a fully automated Expert Advisor that takes the trading of Moving Average to a whole new level.  Moving Average EA MT4  can either open one buy trade when MA turns up (blue color MA) or one sell trade when MA turns down (red color MA) or can open a new same direction trade on every new candle, as long as the slope direction of the Moving Average remains unchanged. A series of unique settings make this EA extremely versatile. This EA comes with provided set files for ma
Eur Machine Pro mt4
Leonid Arkhipov
Experts
THE MARKET CHANGES. EUR MACHINE PRO CHANGES WITH IT. Not one strategy for every situation. Not one signal. Not one fixed set of rules. EUR MACHINE PRO first determines what kind of market it is dealing with, and only then decides which trading logic should be used. Range? Trend? Calm market? High volatility? Different market conditions activate different models, different entry logic and different trade management. This is what many traditional Expert Advisors are missing: they continue applyin
Fortress MT4
Shane Lee
5 (2)
Experts
Real Trading Account LIVE SIGNAL 100K:   https://www.mql5.com/en/signals/2388151 Real Trading Account  LIVE SIGNAL 1K:  https://www.mql5.com/en/signals/2378166 Check Out All Our Products :   Click Here Fortress is an automated breakout Expert Advisor for MetaTrader 4 & 5, developed primarily for XAUUSD. The EA utilizes multiple confirmation algorithms and internal strategies to identify optimal breakout points at key support and resistance levels. Position sizing and trade frequency automatic
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Captain Avery
N Pavanraj
Experts
DO NOT FALL FOR THE FAKE VERSIONS OF THIS EA CURRENTLY CIRCULATING ON THE INTERNET. THEY ARE TRICKSTERS TRYING TO SCAM YOU. About this Expert Advisor: Jim Simons achieved success through the Medallion Fund at Renaissance Technologies, sparking widespread interest in his unique trading approach, often dubbed "Simons' trading strategy." That method uses algorithms to exploit discrepancies in the market. This Expert Advisor (EA) uses one such proprietary strategy using statistical analysis. This s
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ranjitsekarfx
59
ranjitsekarfx 2023.10.24 07:29 
 

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N Pavanraj
240
Reply from developer N Pavanraj 2023.10.24 07:35
I will improve. Thanks for your kind words.
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