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M Dragon is a short name for Money Dragon. An Expert Advisor that uses a managed martingale, scalping, hedging, and averaging strategies into one. It is a high risk multi-pairs Expert Advisor that works well and minimizes the risk if you let it run on multi-pairs mode. The multi-pairs mode is activated when the "Multipairs" parameter is set to TRUE. This allows the Expert Advisor to be attached in a single chart at any timeframe but will automatically trades 28 commonly traded currency pairs simultaneously.

Parameters

  • Money Management - This is used to divide the Account Balance then multiplies it to BaseLotsize. Use default.
  • Base Lotsize - The lotsize multiplier after calculating the Money Management parameter. Use default.
  • Margin Limit to open a new trade- Margin Level % should be above this value to open a trade.
  • Maximum Open Trades - Overall maximum number of open trades by the account.
  • Maximum Open Trades per Pair- Maximum number of open trades per pair.
  • Volatility Meter (Higher than 6 is more conservative) - Measurement of volatility of overall market if volatility level is equal or more than the value indicator that's the only time the EA will open a trade. This feature can not be executed in backtesting as it measures all pairs and correlation of all pairs. Therefore, backtesting of this EA will not give you accurate result.
  • Overall Target Profit % of All Profit- In percentage %. Once equity increases by the value indicated in this parameter, all open orders will be closed.
  • Each Pair Target Profit %- Each pair of open trades have a % target profit of the balance.
  • Trail Stop Loss in Points- Trail stop to protect profit.
  • Sure Profit on Trail Stop in Points- Assures profit in points once Trail Stop is triggered.
  • PO Distance in Pips- Distance of pending orders from the current price, once created.
  • Trade Multiple Pairs- True if the EA will trade all commonly traded pairs using 1 chart only. False if it will trade only the chart pair.
  • Start of Trading Time (GMT+2)- The default time 1 is in GMT+2. Please change it to the equivalent time of your server's timezone.
  • End of Trading Time (GMT+2)- The default time 20 is in GMT+2. Please change it to the equivalent time of your server's timezone.
  • Number of Bars for Analysis- Number of bars for analysis. The default is 48 for 4-hour analysis in a 5min timeframe.
  • Trend Mode - Multiplier for the distance breakout.
  • Number of Bars for Confirmation Analysis- Number of bars for analysis. The default is 96 for 4-day analysis in a 1-hour timeframe.
  • Trend Mode of the Confirmation - Multiplier for the distance breakout.

    Money Management Formula

    Please see Parameters

    Lots = (Account Balance / MM) * Baselotsize



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    Bogdan Ion Puscasu
    5 (3)
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    Profalgo Limited
    4.59 (32)
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    AW Trading Software Limited
    4.35 (84)
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    Profalgo Limited
    4.61 (23)
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    MQL TOOLS SL
    4.29 (17)
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    Konstantin Kulikov
    5 (1)
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    Stanislav Tomilov
    5 (9)
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    Gold Safe MT4 EA
    Anton Zverev
    5 (1)
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    Michela Russo
    5 (7)
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    Stanislav Tomilov
    4.6 (15)
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    Patrick Jeannot
    4.64 (11)
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    Allistair Kabelo Mandow
    1 (3)
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    Lachezar Krastev
    4.47 (51)
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    MQL TOOLS SL
    4.35 (40)
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    MQL TOOLS SL
    5 (4)
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    Paulo Roberto Da Costa
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    Patrick Jeannot
    4.75 (4)
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    Bogdan Ion Puscasu
    4.85 (172)
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    MQL TOOLS SL
    5 (2)
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    Big Forex Players MT4
    MQL TOOLS SL
    4.73 (44)
    We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
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    Ianina Nadirova
    5 (1)
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    Stefano Frisetti
    TRENDALGO is an EA that uses ARTIFICIAL INTELLIGENCE to trade 100% automatically and as the name says it is a TREND FOLLOWING EA, it works well on ASSETs that are TRENDING. AI is used to identify the moment in which volumes, volatility and momentum explode, according to a proprietary equation created by me which takes these values ​​into consideration as objective data and never uses any indicator. TRENDALGO opens a new TRADE and follows it by continuously adjusting STOP LOSS and TAKE PROFIT, f
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