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EA Golden Dragon

This is a classical trading strategy, which falls into the category of breakout systems. They form support and resistance levels, which temporarily limit further price movement. When the price breaks down the support level or breaks up the resistance level, there emerges a strong momentum in the breakout direction, which allows to make profit on strong price movements with moderate risk.

To create the strategy, we used historical data with the quality of history of 99.9%.

It uses filtration of false signals.

Uses an adaptive trailing stop.

Uses a tight stop loss and is therefore protected from large drawdonws, uses a small risk per trade.

The EA includes an information slippage panel.

pair and timeframe: EURUSD M30, EURUSD H1, USDJPY M30, USDJPY H1.

Recommended pair/TF: EURUSD M30, USDJPY M30 or EURUSD H1, USDJPY H1

Requirements and Recommendations
  1. Low spread and high-quality execution are important when choosing a broker.
  2. Use VPS or hosting server with minimal network latency to the broker's server.
  3. Leverage of 1: 100 or more is recommended.
  4. if you use several advisors on the same account, make sure that all the advisors have different Magic numbers.
  5. You need to check with your broker that the broker allows you to trade scalping strategies by holding a position for less than a minute. 
Parameters
  • Magic — trade ID.
  • Order Comment— comments to orders.
  • Slippage — Allowable slippage before an order triggers.
  • Max Spread — Maximum Spread allowed before pending order triggers.
  • ticks average spread — collecting average spread ticks.
  • ticks for deleting pending orders — collecting average spread ticks to delete pending orders if the average spread exceeds Max_Spread.
  • Order Type — select trade direction.
  • disable trade if spread high — disabling trading for some time (from 5 minutes to 24 hours), if the average spread exceeds Max_Spread.
  • Fixed_Lot — fixed lot value (if Use_Risk_MM - false).
  • Use_Risk_MM — when true, lot size increases when the account balance grows(risk management).
  • Percentage_Risk — lot value increase based on the balance (risk management as %).
  • Take_Profit — in points.
  • Stop_Loss — in points.
  • Breakeven_Target_PipsInp — breakeven triggers if the price exceeds this value. (-1 = off).
  • Breakeven_Jump_PipsInp — Stop Loss is moved using this value to breakeven.
  • Trailing_Stop — trailing points when position is in profit. (-1 = off, 0 = Stop_Loss ).
  • Trailing_Step — trailing step when the position is in profit.
  • Risk_Protection_on_slippages — when true the EA applies position closure in case of a slippage.
  • Adaptive_Trailing_to_slippages — if true - adaptive trailing stop.
  • Change_correction_coefficient — trailing sensitivity factor.
  • Adaptive_by_Time — time adaptive Trailing Stop.
  • Time_Scale — time interval for price analysis.
  • Correction Pending Orders Buy Stop - Correction of Buy Stop orders.
  • Correction Pending Orders Sell Stop - Correction of Sell Stop orders.
  • Bars for Finding Peaks - bars for finding peaks.
  • Start Bar for Finding Peaks -  bars for starting the search for peaks.
  • Visibility Pending Orders Buy Stop - visibility of pending orders.
  • Peak Corrections for Pending Orders - additional points for placing pending orders.

Trading on the days of the week:

  • Monday — when true trade on Monday.
  • Tuesday — when true trade on Tuesday.
  • Wednesday — when true trade on Wednesday.
  • Thursday — when true trade on Thursday.
  • Friday — when true trade on Friday.

Trading time within the day:

  • Use time — when true trade in the specified time.
  • GMT_mode — defining broker's time shift relative to GMT. (0 - not used).
  • Every_Day_Start — operation start time (hh:mm).
  • Every_Day_End — operation end time (hh:mm).

Friday close time:

  • Use time — If true, trades at a certain time.
  • GMT_mode — defining broker's time shift relative to GMT. (0 - not used).
  • Disable_in_Friday — operation end time on Friday (hh:mm).


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Dragon Multi EA MT5
Mansour Babasafary
4.53 (30)
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No Backtesting is allowed: (OIS IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to verify that it works with your broker, the response is the same: backtesting results alone don't prove effectiveness. "OIS" : The Final product of ours
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Bogdan Ion Puscasu
4.83 (139)
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Vladimir Mametov
3.26 (34)
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5 (16)
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Thi Thu Ha Hoang
4.78 (18)
¿Alguna vez te has preguntado por qué la mayoría de los asesores expertos no son efectivos en el trading en vivo, a pesar de su perfecto rendimiento en las pruebas retrospectivas? La respuesta más probable es el sobreajuste. Muchos EAs se crean para 'aprender' y adaptarse perfectamente a los datos históricos disponibles, pero fallan en predecir el futuro debido a la falta de generalización en el modelo construido. Algunos desarrolladores simplemente desconocen la existencia del sobreajuste, o l
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Profalgo Limited
4.5 (10)
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SHOCK DEAL --> -45% OFF --> VERY LIMITED COPIES AT THIS PRICE !!! + BONUS -> PREMIUM EA! Signal Account:  https://www.mql5.com/en/signals/1510678 Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency which opens up to 2 trades at a time. It has been tested rigorously to get the most succes
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Neon System N1 PRO is along-term system containing 10 different strategies. Each strategy includes multiple indicators, the system is designed for real trading. The system uses 50 standard indicators, the robot contains 10 strategies. This system is not for those "who want everything at once." This system assumes a professional long-term trading on the Forex market. The robot has been tested in a special tester on real ticks. It uses an adaptive trailing stop algorithm. The EA uses a system of c
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PJ CHAWLA
2164
PJ CHAWLA 2018.08.17 19:55 
 

I have rented your EA this week. EA has taken 6 positions this week and 4 are negative. Overall account is in red. Please help and advise settings to make it profitable.

Respuesta al comentario
Versión 4.92 2020.10.05
Improved the function of closing orders.
Versión 4.91 2020.09.16
1) completely redesigned and improved the strategy.
2) Added several new parameters in the EA settings.
Versión 4.17 2018.10.02
1) Improved the strategy.
2) Fixed modification of stop loss: if STOP-LEVEL > 0.
3) Fixed minor bugs.