Dragonfly Pro

Dragonfly CDO Pro v2 is a powerful, accurate, and easy-to-use MT5 indicator designed for serious traders who want high-probability entries with built-in risk management.

It combines 6 EMA alignment, a unique CDO oscillator, smart pattern recognition, and EMA touch filter to deliver clean BUY and SELL signals with automatic TP/SL levels.

Key Features & Advantages:

• Full 6 EMA Alignment Filter – Only trades when fast to slow EMAs are perfectly aligned
• Smart CDO Oscillator – Detects momentum dips and peaks with auto-scaling (works on Forex, Gold, BTC, Indices)
• Pattern-Based Entries – Waits for proper pullback and bounce before giving signal
• EMA Touch Confirmation – Avoids false signals by confirming price interaction with EMA100/200
• Dynamic Support/Resistance SL – Smart SL based on real market structure
• Risk:Reward Based TP – Built-in 1:1.5 RR (adjustable)
• Clean Visuals – BUY/SELL arrows, TP/SL lines, EMA plots, and professional dashboard
• Works on All Timeframes & Symbols – Especially strong on M5, M15, H1

Input Parameters:

• EMA Settings: Fast (8), Mid (13), Slow (21), 50, 100, 200
• CDO Settings: Smoothing period and Normalization
• Pattern Settings: Max candles, Buy/Sell triggers, Dip & Peak limits
• EMA Touch Filter: Lookback bars, Touch mode (100 only, 200 only, OR, AND)
• Risk/Reward: Adjustable RR Ratio
• Display Options: Show/Hide EMAs, S/R, TP/SL lines, Dashboard, etc.

Dragonfly CDO Pro v2 helps you trade with confidence by filtering out noise and showing only high-quality setups with clear entry, stop loss, and take profit.

Perfect for both scalping and intraday trading.