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Dragon Prodigy MT4

397 USD

Demo downloaded: 47

Published: 3 June 2023

Current version: 1.2

Dragon Prodigy MT4

Experts
Lorenz Vauck
Version: 1.2
Updated: 6 August 2023
Activations: 8

Introductory Price – Limited Quantities Available

Verified live account with a 6-month track record: Link 1 / Link 2

Introducing Dragon Prodigy: An Unparalleled Forex Trading System for GBPJPY

Dragon Prodigy is a state-of-the-art trading system designed for both seasoned professionals and aspiring traders on the "Metatrader 4" and "Metatrader 5" platform. Developed exclusively using data from 1987 to 2017 and validated against unseen data from 2017 to 2023, Dragon Prodigy employs a proven strategy for trading trend pullbacks, delivering consistent performance across various market conditions. This exceptional approach of optimizing only on data up to 2017 and then testing on 6 years of unseen data distinguishes it from any other EA on mql5.com.

Key Features of Dragon Prodigy

Performance and Reliability: Dragon Prodigy is built using data solely from 1987 to 2017, preventing curve fitting and demonstrating adaptability and resilience on completely unseen data from 2017 to 2023. This is akin to having a virtual 6-year live trading record. The verified live account on IC Markets (Link 1 / Link 2) further showcases its continued success in real live trading.

Extensive Backtest and Stability: Dragon Prodigy's complete 36-year backtest (1987 - 2023) reveals reliability across diverse market conditions. Rigorous Monte Carlo stress tests, including slippage and spread randomization, trade shuffling, and indicator parameter randomization, confirm its stability and robustness. Key performance metrics include:

R-squared (R^2) growth stability > 99: R-squared is a statistical measure that represents the proportion of the variance in the dependent variable (in this case, account growth) that can be predicted from the independent variable (time). A high R^2 value (> 99) indicates a stable and consistent growth pattern over time, suggesting that the trading system has performed well historically and is likely to continue to do so in the future.

Return/Drawdown Ratio of > 31: The Return/Drawdown Ratio is a measure of a trading system's risk-adjusted performance. It is calculated by dividing the total return (net profit) by the maximum drawdown (the largest decrease in account value from a peak to a trough). A ratio greater than 31 indicates that the system has generated significant returns relative to the risk taken (drawdowns), suggesting efficient risk management and a high level of performance.

System Quality Number (SQN) of 7.31: The System Quality Number is a performance metric that evaluates the overall quality and efficiency of a trading system. SQN is calculated using the average trade profit, standard deviation of trades, and the number of trades. A higher SQN indicates a better trading system, and an SQN of 7.31 is considered excellent.

Recovery Factor of > 28: The Recovery Factor is a performance metric that gauges the efficiency of a trading system in recovering from drawdowns (i.e., periods when the account value decreases). It is calculated by dividing the net profit by the maximum drawdown. A Recovery Factor greater than 28 indicates that the trading system has been highly efficient in recovering from drawdowns, suggesting a strong ability to bounce back from temporary setbacks and continue generating profits.

Average winning trade 2.5 times greater than the average losing trade: This metric highlights the relationship between the average profit of winning trades and the average loss of losing trades. An average winning trade that is 2.5 times greater than the average losing trade indicates that the trading system has been successful in cutting losses short and letting winners run, which is a key principle in effective trading strategies. This also suggests that the system is able to generate substantial profits while keeping losses in check.

Proven Trading Strategy: Dragon Prodigy employs a time-tested trading strategy that focuses on trend pullbacks, avoiding high-risk methods. No scalping, no new trades during rollover, no grid, no martingale, and no averaging. Trades typically last from a few hours to several days, minimizing dependence on spread and slippage. Each trade is protected by a stop loss of only 87 pips, cutting losers short and letting winners run.

Flexible Risk Management: Choose between fixed lots per trade or percent risk per trade to suit your risk appetite. Dragon Prodigy accommodates your trading style and preferences.

Broker Compatibility: Dragon Prodigy is compatible with both MetaTrader 4 and MetaTrader 5 platforms. We recommend utilizing IC Markets or another low-cost broker to minimize trading expenses.

Customizable EA Parameters

Dragon Prodigy offers adjustable parameters, giving you control over your trading experience:

"FixedLots": Designate the number of fixed lots per trade (applied only when "MoneyManagement" is set to false).
"MoneyManagement": Activate or deactivate the money management feature.
"RiskPercentagePerTrade": Represents the real risk per trade as a percentage; if a trade hits its stop loss, this percentage of your account balance will be lost (used only when "MoneyManagement" is set to "true").
"BrokersRollOverHour": Indicates the server time for your broker's Tokyo session start (rollover hour); the majority of brokers, such as IC Markets, Tickmill, Fusion Markets, Blueberry Markets, Coinexx, FX Open, Afterprime and Global Prime, roll over at 00:00 server time, so the default value is 0. If your broker uses a different rollover hour, adjust the value accordingly (e.g., 21 for 21:00, 11 for 11:00); if uncertain, keep the value at 0 and contact us for assistance.
"CustomOrderComment": Append a personalized comment to the comment field of each trade instead of logging bid, ask, and spread.
"Magic Number": Assign a unique identifier for the EA to distinguish it from other EAs operating on the same account (typically, you'll want to leave this as is).

Easy Installation

Dragon Prodigy can be set up with ease using the following steps:

Purchase and download the Dragon Prodigy EA for either "Metatrader 4" or "Metatrader 5".
Open a new chart for GBPJPY (H1 timeframe) and drag-and-drop the EA onto the chart.
Adjust the customizable parameters as needed.
Enjoy Dragon Prodigy trading on your behalf.

Dedicated Support and Community

A private chat group is available for customers who need assistance or have questions. Please send a private message with proof of purchase to join.

Invest in Dragon Prodigy and Elevate Your Trading Experience

Experience the benefits of a powerful and reliable trading system with Dragon Prodigy. Stand out from the crowd and gain an edge in the Forex market with a tool that's tailored to meet the demands of both experienced traders and newcomers alike. Don't miss this opportunity to secure your copy at the introductory price, as quantities are limited and the price will increase significantly soon. By keeping the user base small, we ensure the system's long-term profitability and effectiveness.

Make the smart choice and invest in your future success with Dragon Prodigy today.

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Darwin EVOLUTION promotion !! 1490 USD to 990 USD Limited time (Offer valid up to arrival of the next update, do not waste time ) !!! You can not make Backtest of this EA, because MT4 does not handle the simultaneous multi-pairs. Darwin needs the 28 pairs for the calculation of the indicators !! Descriptions: - To understand the operation, come and read the blog (this EA reflects my philosophy of forex trading ... If you like my way to see things, then you will like my EA. Take the

999 USD

Introductory Price – Limited Quantities Available Verified live account with a 6-month track record : Link 1 / Link 2 Introducing Dragon Prodigy: An Unparalleled Forex Trading System for GBPJPY Dragon Prodigy is a state-of-the-art trading system designed for both seasoned professionals and aspiring traders on the " Metatrader 4 " and "Metatrader 5" platform. Developed exclusively using data from 1987 to 2017 and validated against unseen data from 2017 to 2023, Dragon Prodigy employs a proven st

397 USD

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Version 1.2 2023.08.06

- Lower CPU usage
- Small bug fixes

Version 1.1 2023.06.05

- Successfully resolved an issue related to trade comments where the term "Initializing" was incorrectly displayed instead of the expected values such as ask, bid, spread, or the CustomOrderComment string, if set.

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