Dracn Red

DRACN Red Trading EA by DRACN Trading Systems

✅ FIFO and US Market Compliant.

✅ Use as low as 1:50 Leverage.

✅ Low spread not required.

DRACN RED is a powerful mean-reversion algorithm that uses multi-timeframe analysis to pinpoint high-probability market reversals and secure precise initial entries. When the market trends with or against an open position, the EA deploys a smart system equipped with dynamic Take Profits and strategic closes. Complete with a sleek on-chart HUD and built-in institutional safety features like equity drawdown protection, margin protection and cooldown periods this EA is designed to automate your trades while strictly managing risk.

• Optimized Pair Selection: The EA comes pre-configured with default settings for EURUSD & AUDCAD.
• Visual Control Center: Features a professional HUD that displays P/L, Trade Counts, and System Status.
• Smart Recovery Logic: When the market moves against the initial trend it deploys a Grid strategy allowing the basket of trades to close in profit with only a small market correction.
• Margin Protection: Built-in margin monitoring pauses all new activity if your account margin drops below your desired margin amount preventing margin calls.
• Take Profit Exit: The EA calculates the weighted average price of all open positions. Once the price reaches the average price the entire basket is closed for a net profit.
• Visuals: Draws Entry, Take Profit, and Break-even lines directly on the chart
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------ Input Parameters Guide ------

--- Basic Configuration ---

• Magic Number Identifier: Assigns a unique identifier to the EA's trades so it can manage its own positions without interfering with manual trades or other bots.
• Show On-Chart HUD & Lines: Toggles the sleek on-chart HUD, embedded logo, and dynamic take-profit lines on or off for users who prefer a clean chart.

--- Settings ---

• Use Auto Lot: Enables dynamic position sizing based on the current account balance rather than using a rigid, static lot size.
• Auto Lot Factor (> = More Lot): Determines the risk factor multiplier used to automatically calculate your starting lot size per account equity.
• Fixed Initial Lot Size: Sets the exact starting lot size for the first trade of a new cycle whenever the auto-lot feature is disabled.
• Max Lot Size (0 = Disabled): Establishes a strict hard ceiling on the maximum allowed lot size the EA can open. (setting to 0 disables the limit).
• Strength Multiplier: Defines the exact multiplier used to increase the lot size of subsequent trades against the initial position.
• Cooldown Between Signal (Hours): Imposes a mandatory waiting period in hours after any trade is placed before the EA is allowed to execute the next entry signal.

--- Safety Management --- 

• Safety margin cutoff % (0 = Disabled): Prevents the EA from opening any new trades if your account's margin level drops below this critical percentage limit. Current trades are still managed normally. 
• Equity Drawdown % Limit (0 = Disabled): Acts as an absolute equity kill-switch that instantly closes all open trades and halts trading if your floating drawdown reaches this specified percentage.