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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

Recommended pair

Currency pair: EURUSD.

Recommended timeframe

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.

IMPORTANT: Pay attention to GMT parameters! In order to get proper results, you have to set them correctly according to your broker GMT Offset

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

Recommended setup

Minimum account balance: $100

Settings: defaults

ForEx pair: EURUSD


Please note that past results cannot guarantee future returns. Even the best hedge funds in the world can not guarantee it.

Reviews 5
eXceem
36
eXceem 2021.04.05 14:36 
 

Incredible EA! Perfect results in backtest, very low drawdown at all times! I have already recieved 33% roi in 1 trade! Will definitely buy more!

Andre Gomes
1451
Andre Gomes 2021.03.30 21:49 
 

Excellent support. Very promising results. Developer seems willing to contiuously improve the EA. Five stars.

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Sotirios Karkalakos
The  Moment Catcher  Expert Advisor works on most currency pairs and it generates massive profits. It has various parameters (lot size - fixed or relative to the Equity, Stop Loss and Take Profit levels, Trailing Stop, Reverse Orders and thresholds like minimum balance and equity variables), and it is not bound to a specific timeframe. It uses a unique technology to identify small trends and get profit on trend and non-trend markets. You can decrease the lot size (e.g. FixedLot = 0.01 for a real
3 000 USD
Flet scalper
Flet scalper
Dmitiry Ananiev
Tick channel scalper for flat markets or for markets with frequent pullbacks. The robot is set to EURAUD. Brokers with minimal spreads and commissions are recommended. For example Rannforex.com or ICMarkets.com The EA has a unique algorithm that works on ticks and does not depend on the timeframe. Opening hours are configurable. Trading is possible both at any time period and around the clock. File for optimisations and test on Tester  include in my blog   -  https://www.mql5.com/ru/blogs/post/
1 250 USD
High Frequency Scalper Trading Series 1
High Frequency Scalper Trading Series 1
Amit Suryakant Jamuda
This is a High Frequency Scalper Trading System. The faster the computer and the Internet connection, the better it works. It also needs a good broker who does not put to many limits to orders and trades. A good broker should be used. Please click on the link to check the EA performance - https://www.mql5.com/en/signals/8968 . The settings that I found profitable are as follows: PerTradeVolume - volume per order (set it as per risk level). Please note the EA does not place any pending orders, it
30 000 USD
FireBall Scalping
FireBall Scalping
Mai Thanh Truc
Summary of my Expert Advisor: Method - scalping, ticks and time. Timeframe - any. Indicators - none. Advantages - high-frequency trading, high volume trading (good for bonus and rebate account type), low drawdown, high profit factor. Requirements - low spreads, best VPS or high speed connection, good PC or servers. Symbols - EURUSD , GBPUSD, USDJPY. Brokers - STP/ECN. I have some ideas to upgrade my first Expert Advisor ( TheNext1 ) to make it one of the strongest EAs on the Market, and I find a
999.99 USD
High Frequency Scalper Trading Series 1 01
High Frequency Scalper Trading Series 1 01
Amit Suryakant Jamuda
This is the same Expert Advisor as High Frequency Scalper Trading Series 1. Created due to requests from potential buyers to have a version of EA that runs on Live Accounts, however cheaper to buy. All the features are the same except you can't change the volume per trade on this version. If you find the EA interesting, do buy the full version from https://www.mql5.com/en/market/product/1115  where you can change the volume of trades. This will motivate me to invest more time and resources to cr
1 000 USD
TheNext2
TheNext2
Mai Thanh Truc
This Expert Advisor includes safe, low-risk and effective settings for 8 symbols from TheNext1 EA including EURUSD, USDJPY, EURJPY, GBPJPY, GBPUSD, USDCAD, NZDUSD, USDCHF. Next versions of this EA will include the best settings for new symbols. I have spent a lot of time to make the code work better, tested it thousands times with millions test cases, traded on many demo and real accounts. And finally, my EA has become stronger than ever. I will continue do that everyday. Features of this 2 in 1
999 USD
Abigail 5
Abigail 5
Andrej Nikitin
Description: Abigail is a medium-term trading system working on the price rollback. The Expert Advisor has been optimized for working on EURUSD. However, it can successfully work with other currency pairs as well. You can examine the Expert Advisor's trading statistics for different brokers and symbols at MetaTrader 4 and MetaTrader 5 Trading Signals sections. Parameters: Risk management: enter volume - market entry volume. If the value is greater than 0 - number of lots, if less than 0 - percen
1 200 USD
MT5Programmer Machine Plus
MT5Programmer Machine Plus
Clemencau Herge Nguepi
MT5Programmer_Machine_Plus is a powerful MT5 Expert Advisor working on 6 currencies pairs - EURUSD, EURGBP, GBPUSD, USDCAD, USDJPY and GBPCHF. It uses partial close feature to close positive trades as well as distribution between currency pairs to open positions. Live testing results can be found here: https://www.mql5.com/en/signals/43113 Deposit amount: $3 000 or more. Recommendation 1 If your account currency is USD, attach the EA to EURUSD chart only and close all other open charts If your a
1 200 USD
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Panoptic Dragon MT4
Panoptic Dragon MT4
Aleksei Krasov
"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
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Reliance
Reliance
Aleksei Krasov
The EA uses an advanced strategy that was found and optimized through forward testing.   Trading takes place in the overnight market when price action becomes more predictable. Therefore, it shows good results on several currency pairs over a long period of time. The robot doesn`t use dangerous trading methods such as martingale, grid or HFT. Usually, trades are closed more than one hundred points before reaching the stop loss or take profit, which the robot sets for each position to ensure tra
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Forex AI Trader
Forex AI Trader
Aleksei Krasov
HEDGING TRADING SYSTEM EURUSD. Any timeframe. Forex AI Trader - это уникальная торговая система, в основе которой лежит метод машинного обучения.  Первые 10 копий будут проданы по этой цене Следующая цена $ 799 Процесс торговли: По наступлении определенного времени робот открывает сделку, в соответствии с внутренним алгоритмом, построенном на нейронной сети. Когда сделка открыта, робот может закрыть ее, используя трейлинг-стоп или же хеджировать, чтобы избежать потерь. Благодаря такому подход
699 USD
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Andrew Lee
1895
Andrew Lee 2021.04.15 13:49 
 

No winning trades since publish date. Seems extremely odd that the EA performs exceptionally well in back tests right up to the date it was published, then crashes into a heap after the publish date - which it’s never done in any of the back tests. I’m happy to change my review if this improves but I think I’ve been had again by another ‘too good to be true’ EA from the MQL5 marketplace.

Gerald van Wattum
951
Gerald van Wattum 2021.04.15 00:46 
 

Not a good start, I changed from real account to demo account to keep an eye on future trades.

Privasoft
21
Privasoft 2021.04.06 18:58 
 

No comments so far, lost the very first trade.

eXceem
36
eXceem 2021.04.05 14:36 
 

Incredible EA! Perfect results in backtest, very low drawdown at all times! I have already recieved 33% roi in 1 trade! Will definitely buy more!

Andre Gomes
1451
Andre Gomes 2021.03.30 21:49 
 

Excellent support. Very promising results. Developer seems willing to contiuously improve the EA. Five stars.

Reply to review
Version 1.90 2021.04.13
Added the ability enable "alert" when entering in position.
Version 1.80 2021.04.08
Fixed a bug when modifying a position.
Version 1.70 2021.04.08
Added the ability to use and configure a trailing stop.
Version 1.60 2021.04.06
Fixed bug for special cases of auto-tuning of GMT.
Version 1.50 2021.03.31
Additional optimization was carried out, as well as the ability to automatically adjust the trading time through the "Auto GMT" parameter was added.
Version 1.40 2021.03.20
Added the ability to adjust daylight saving time.
Version 1.30 2021.03.20
Added the ability to enable daylight saving time.
Version 1.20 2021.03.13
Fixed a bug related to the display of information in the dashboard.
Version 1.10 2021.03.13
Added filter function by day of the week.
Added equity and free margin in the dashboard.