Sky Dragon EA MT5

SKY DRAGON EA MT5 combines trend following, risk management, and advanced filtering into a comprehensive trading system suitable for experienced traders who understand the risks of martingale strategies.

Download SET FILE

    ⚙️ TRADING SETTINGS

    Parameter Description
    Trading Enabled Enable/disable all EA trading activities
    Buy Only Mode Open BUY positions only (Sell Only Mode must be false)
    Sell Only Mode Open SELL positions only (Buy Only Mode must be false)
    Enable Hedge Mode Enable hedging mode - EA can open both BUY and SELL simultaneously
    Close opposite group on signal If enabled, closes opposite group when new signal appears (e.g., close SELL group before opening BUY)
    Lot Calculation Mode Lot calculation method: Fixed Lot or Based on Money per Lot
    Initial lot size Initial lot size when using Fixed Lot mode
    Money per lot Amount of money per 0.01 lot (e.g., 10000 = 0.01 lot for every $10,000 balance)
    Take Profit in pips Take profit target in pips
    Stop Loss in pips Stop loss in pips (0 = no SL)
    Slippage in points Allowed slippage in points
    Distance between Martingale Trades Distance between martingale trades in pips
    Distance Multiplier per Step Distance multiplier for each martingale step (e.g., 1.1 = 10% increase per step)
    Lot Multiplier Lot multiplier for each martingale step
    Maximum martingale steps Maximum number of martingale steps
    Price Above/Below EMA in Minutes Minimum time price must stay above/below EMA (in minutes) before entry
    Minimum delay between martingale trades Minimum delay between martingale trades (minutes)
    Use trailing stop Enable trailing stop feature
    Trailing stop in pips Trailing stop distance in pips
    Start trading time Daily trading start time (HH:MM format)
    End trading time Daily trading end time (HH:MM format)
    Magic number Unique identifier for EA's trades
    Maximum allowed spread Maximum allowed spread in points (prevents trading during high spread)

    📉 DRAWDOWN REDUCTION SETTINGS

    Parameter Description
    Use Drawdown Reduction Enable drawdown reduction mechanism
    Minimum trades open before DR activates Minimum number of open trades required before DR activates
    Remaining trades after reduction Target number of remaining trades after DR closes a pair
    Base minimum profit Base minimum profit requirement in $ (tier 1)
    Profit multiplier per tier Exponential multiplier for profit requirement per tier
    Maximum profit required Maximum profit cap required to close a pair ($)
    Reopen distance in pips Distance required before reopening after DR (0 = use MartingaleDistance)

    📊 DAILY DRAWDOWN SETTINGS

    Parameter Description
    Use daily drawdown limit Enable daily drawdown limit feature
    Drawdown calculation mode Calculation method: Percentage or Money
    Maximum daily drawdown percentage Maximum allowed daily drawdown (%)
    Maximum daily drawdown money Maximum allowed daily drawdown ($)

    🎯 DAILY TARGET SETTINGS

    Parameter Description
    Use daily target profit Enable daily profit target feature
    Target calculation mode Calculation method: Percentage or Money
    Daily target profit percentage Daily profit target (%)
    Daily target profit money Daily profit target ($)

    💰 BALANCE TARGET SETTINGS

    Parameter Description
    Use profit target balance Enable overall profit target feature
    Profit target balance percentage Overall profit target from initial balance (%)

    📈 EMA TREND FILTER

    Parameter Description
    Use EMA Trend Filter Enable EMA trend filter using 5 EMAs (10,20,50,100,200)
    EMA Trend Filter Timeframe Timeframe for EMA trend filter

    📰 NEWS FILTER SETTINGS

    Parameter Description
    News Filter Mode News filter operation mode: Disabled / Only Before News / Only After News / Avoid News Period
    Buffer before news Buffer time before high impact news (minutes)
    Buffer after news Buffer time after high impact news (minutes)
    Show news alerts Display alerts when high impact news approaches
    Currency Filter Filter specific currencies (e.g., "USD,EUR", empty = all currencies)

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