M Dragon

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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    Gold Safe MT4 EA
    Anton Zverev
    5 (2)
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    Profalgo Limited
    4.61 (33)
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    MQL TOOLS SL
    4.27 (41)
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    DMITRII GRIDASOV
    5 (3)
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    AW Recovery EA
    AW Trading Software Limited
    4.35 (84)
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    EA Budak Ubat
    Syarief Azman Bin Rosli
    4 (3)
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    Supply Demand EA ProBot
    Georgios Kalomoiropoulos
    4.67 (9)
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    Aurum AI mt4
    Leonid Arkhipov
    4.94 (32)
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    Michela Russo
    5 (8)
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    Saints Row Aggressive Scalper
    Nervada Emeule Adams
    2.5 (2)
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    This expert use grid and advanced DCA and martingale strategy. The strategy used by Fund Manager by our country. Use with pair AUDCAD, with   timeframe M5   it can survive 2015-Nov 2024.  DrawDown Max from 2019-2025 15k USD for both pair It works well in other Pairs in   m15: AUDCAD, EURJPY Use proper money management, use money that you can loose, withdraw your profit. This strategy can make good profit if you use good money management. Use the balance minimum of 2k-3k. Use default setting .
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    Dilwyn Tng
    4.96 (631)
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    XIRO Robot MT4
    MQL TOOLS SL
    5 (6)
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    Pattie Breakout ORB EA
    Patrick Jeannot
    4.75 (4)
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    Forex Dominance MT4
    Ebrahim Mohamed Ahmed Maiyas
    5 (2)
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    Profalgo Limited
    4.61 (23)
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    Thi Thu Ha Hoang
    4.54 (13)
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    MQL TOOLS SL
    5 (1)
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    Sergey Batudayev
    5 (2)
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    Marco Solito
    4.66 (67)
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    Lachezar Krastev
    5 (5)
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    Joel Protusada
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    Joel Protusada
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    Joel Protusada
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    Joel Protusada
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    Joel Protusada
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    Joel Protusada
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    Joel Protusada
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    Joel Protusada
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    Joel Protusada
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    Joel Protusada
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    Joel Protusada
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    Joel Protusada
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    Joel Protusada
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    Joel Protusada
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    Joel Protusada
    3 (3)
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    Joel Protusada
    4 (2)
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