Lucky Dragon Limited
About Lucky Dragon
Lucky Dragon is an advanced machine learning trading algorithm that trades currencies. It was developed to give us as traders and investors a statistical edge to achieve long term profitability. The Lucky Dragon robot offers customizable risk so you can run your trading account exactly as you wish. Lucky Dragon can be deployed on any Metatrader 4 account and is compatible with almost any broker.
- -We trade with real money
- -Used to manage large numbers
- -Broker independent
- -FIFO friendly
- -Long term stable
- -Controlled Risk
- -Multiple modes to choose from
- -Fully automated solution
- -Active Community
- -And most importantly, this robot ACTUALLY WORKS
Have a look at these audited live trading accounts (Search Lucky_Dragon user on myfxbook) to have an idea of what to expect when trading with the Lucky Dragon.
Lucky Dragon trades the GBPCAD currency pair. Typically, Lucky Dragon places 3-15 trades per week (depending on your setup) at the end of the US trading session and before the Asian session begins. Lucky Dragon will search for opportunities to scalp during this low volatility period. Trades are usually closed within a few hours to minimize our risk and maximize the effectiveness of our strategy. Think of Lucky Dragon as a sniper. Lucky dragon may not place a high volume of trades, but the trades it does place have a very high win rate.
Trading modes (Limited only has Mode 1 available)
Mode One does not like taking balance losses. It does sustain periods of drawdown, however the amount of open drawdown is strictly limited, which prevents open positions from getting out of hand and causing a margin call. The trading frequency is not very high, but this system is quite stable and spread resistant, and will be a steady performer going into the future.
Mode Two is an active trader and places trades daily. It consistently makes returns and rarely has a losing month. It is spread dependent (usually 3 pips or less is ideal) and does require some common sense to avoid trading days that are unusually volatile (not a good idea to run this strategy during a Brexit vote). Overall, this system takes losses when needed while maintaining an excellent return on your investment.
For long term profitability, risk management is critical to protect your investment. Lucky Dragon has losing days just like any other trading strategy, so it is important to use a level of risk that you feel comfortable with. Lucky Dragon clearly defines the maximum amount of risk in the adjustable settings area of the Lucky Dragon robot. The Lucky Dragon strategy is quite stable, actually it’s 12 years stable as shown on the back-tests, however as responsible investors, we always need to error on the side of caution and protect our investment capital.
As a member of Lucky Dragon, you will have access to our private Telegram channel (Please request access when purchasing) where we keep in constant communication with our community members. We regularly update our members with recent developments and insights so our clients get the most out of their membership. In the end, the Lucky Dragon Project itself will be a reflection of our members experience. Your success is our priority.
You can find more details on our strategy and our project at our website, also, feel free to contact me through MQL5.com
-Added automatic broker-type detection
-Added a separate order comment between M1 and M2 trades
-Added a skip day feature
-Added new bug protection if there's no connection to the servers
-Changed the Reference input to Multiplier to use custom risk