Dagon Slayer
- Experts
- Version: 1.1
- Activations: 5
Best Performer: GBP/JPY (Also works well with EUR/USD, USD/JPY)
Timeframe: H1
Minimum Deposit: $1500+ (Recommended: 2,500+ for safer margin)
EA Description:
The Dagon Slayer is a high-powered, martingale-based Expert Advisor engineered to dominate the GBP/JPY pair with aggressive yet disciplined recovery trading. Unlike reckless martingale systems, the Dagon Slayer uses smart trend filters, adaptive lot sizing, and strict daily profit targets to secure consistent gains while minimizing risk.
Why GBP/JPY?
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High Volatility = More trading opportunities
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Strong Trends = Better martingale recovery success
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Controlled Spreads (on good ECN brokers) = Reduced slippage risk
Key Features:
✔ GBP/JPY Optimized Engine – Fine-tuned entry logic for maximum efficiency on this pair.
✔ Smart Martingale Recovery – Doubles down only in high-probability scenarios, not blindly.
✔ Daily Profit Lock – Stops trading after hitting your target (e.g., 3%-5% per day).
✔ Equity Shield – Emergency stop-loss halts trading if drawdown exceeds safety limits.
✔ News Filter – Avoids trading during high-impact economic events.
How It Works:
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Enters on RSI & Price Reversals – Avoids chasing losing trades unnecessarily.
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Scales In Strategically – Increases lots only when the market shows clear pullback signals.
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Locks Profits & Resets – Once the daily goal is hit, it stops until the next session.
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Auto-Shutdown Protection – If losses exceed a set threshold, the EA pauses instead of blowing the account.
Recommended Settings (GBP/JPY):
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Risk Level: Medium-High (Best for $1,000+ accounts)
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Daily Target: 3%-5% (Adjustable)
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Max Martingale Steps: 3-5 (Prevents extreme drawdown)
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Broker Requirements: Low spreads, ECN/RAW preferred
Performance & Verification:
📊 Backtested Results: 15%-30% monthly returns (with controlled 20%-30% max DD).
💹 Live Track Record: Myfxbook/FX Blue stats available for verified performance.
Warning – Trade Responsibly!
⚠ Martingale carries high risk! Only use with funds you can afford to lose.
⚠ Mandatory: Demo-test first! Optimize settings before going live.
Feel free to reach out to me with any questions.
