M Dragon

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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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    Leonid Arkhipov
    5 (10)
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    AW Recovery EA
    AW Trading Software Limited
    4.35 (84)
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    MQL TOOLS SL
    4.29 (17)
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    Konstantin Kulikov
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    MQL TOOLS SL
    5 (2)
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    Babak Alamdar
    3.57 (21)
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    Lo Thi Mai Loan
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    Patrick Jeannot
    4.64 (11)
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    Michela Russo
    5 (7)
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    Anton Zverev
    5 (1)
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    Sara Sabaghi
    4.82 (17)
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    Stanislav Tomilov
    4.6 (15)
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    Allistair Kabelo Mandow
    1 (3)
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    GoldPro
    Sergey Batudayev
    5 (2)
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    MQL TOOLS SL
    4.35 (40)
    The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
    A unique robot that has been successfully trading on a real account since 2021. The Gold Dragon trading system is so stable that it has allowed it to survive all market fluctuations, while other systems have failed! Big sale 50% OFF! Price $450. Regular price $899 Real signal:   click here   Unique set files and all recommendations are provided free of charge. All future updates of the adviser are included in the price. After the purchase, contact me and I will help you install and configure
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    MQL TOOLS SL
    5 (4)
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    Pattie Breakout ORB EA
    Patrick Jeannot
    4.75 (4)
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    Vortex Turbo EA MT4
    Stanislav Tomilov
    5 (9)
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    Apache MHL Moving Average
    Paulo Roberto Da Costa
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    Quantum Emperor MT4
    Bogdan Ion Puscasu
    4.85 (172)
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    Lachezar Krastev
    4.46 (50)
    ULTIMATE SALE! Get Forex GOLD Investor with a huge –60% discount ! Special Ultimate Price: $217 (Regular Price: $547 — You Save $330!) 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 3 trading systems . The first one is based on scalping trading strategy, the second system has time based dependency which opens up to 2 trades at a time and the third system is based on breakout strategy. It has been t
    Solo Sniper Pro mw
    DMITRII GRIDASOV
    “ SOLO SNIPER PRO ” EA 是一款强大的 MT4 平台剥头皮交易系统! 高达 90% 的胜率!采用复利风险管理! M15 timeframe! 这是仅在本 MQL5 网站提供的原创产品。 使用   Set_file   进行测试和交易:  Download EA set_file - 交易精准度极高:高达 90%。 - 系统不使用任何危险的策略,例如网格或马丁格尔。每笔订单都有自己的止损位,以保护账户安全。 - 采用复利方法计算交易手数。 - EA 会根据市场波动自动设置动态止损位。 - 周五至周一无需持仓,避免出现跳空。 - 精确的操作时间过滤器,精度可达 1 分钟。 - 账户杠杆:1:30 至 1:2000。 - 交易对:GBPAUD 和 GBPCAD。 - 运行时间:EA 根据设置中的时间过滤器,从美国交易时段结束到亚洲交易时段中期寻找入场机会。如果系统在运行时间内未开单 - 意味着图表上没有可用的入场信号 - 请记住,此 EA 是狙击交易系统。 - 时间范围:仅 15 分钟。 - EA 具有信息显示 - 显示当前外汇对的点差和隔夜利息。 - 信息显示还
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    Vizzion
    Joel Protusada
    Vizzion is a fully automated scalping Expert Advisor that can be run successfully using GBPJPY currency pair at H1 timeframe. Very Important This Expert Advisor can not run with any EAs in the same account. As part of the money management plan, it calculates and monitors the Margin Level % and assumes that all open trades are created by it. If you want an Expert Advisor that trades in a daily basis, this EA is not for you because using this requires a patience to wait for a few days or weeks on
    Project Tiptop
    Joel Protusada
    T I P T O P    Tiptop is a trend following Expert Advisor that runs its own proprietary analysis and algorithm. No indicator is used to analyze the entry point. It based it only with each price bar movement and closing price. Same logic with "Volatility Watcher". For the exit plan, it uses the proprietary Sequence Method and implement the cut-losses-and-let-the-profit-run strategy. You will be surprised that at the closing of all trades, almost most of them are having a positive p
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    Big Chief
    Joel Protusada
    BIG CHIEF    Big Chief is an Expert Advisor that runs its own 2 proprietary analysis & algorithms. No indicator is used to analyze the entry point in the first method and the second method has an Ichimoku Indicator with proprietary settings. For the exit plan, it uses the proprietary Sequence Method & implement the cutlosses-let-profit-run strategy. You will be surprised that at the closing of all trades, almost most of them are having a positive profit and almost half of them are
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    H I G H - P R O B A B I L I T Y - B R E A K O U T   T R E N D L I N E   I N D I C A T O R  This is no ordinary trendline indicator. It has a highly-probability algorithms incorporated in the script to display only trendlines that may give a very high chance of price breakout. The indicator is not a stand alone indicator. Trader should interpret it together with their very own analysis technique to come up with a more efficient trading strategy. You can use with it other trend indica
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    Price Force Analyzer
    Joel Protusada
    1 (1)
    P R I C E   F O R C E   A N A L Y Z E R    This is a complex indicator that calculates the force of the price direction.           V E R Y  I M P O R T A N T     This is not a stand alone indicator. Use it together with your own strategy. This indicator only confirms your possible position. You can run it in any charts and timeframes but H1 is recommended. Make sure that the pair is volatile at the time of trading. If you don't have a solid volatility-based strategy yet, y
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    R E F R E S H   28   C H A R T S  For traders who use a tool like "Volatility Watcher" and "OBOS Watcher" that use the 28 pairs of 8 commonly traded currencies.      You can find "Volatility Watcher" here:  https://www.mql5.com/en/market/product/46475 You can find "OBOS Watcher" here:  https://www.mql5.com/en/market/product/47894    8   C O M M O N L Y   T R A D E D   C U R R E N C I E S    EUR - Euro GBP - British Pound AUD - Australian Dollar NZD - New Zealand Dollar  USD
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    Solomon Chest
    Joel Protusada
    Solomon's Chest is fully automated scalper Forex robot which trades on ranging and slightly trending market. The trade entries are based on dynamic zones in all timeframes and with the most recent 30bars of all timeframes. Once opportunity level is determined, it will open trades right away. Each order is protected with hidden calculated Stop Loss level. Take profit level is also calculated. The real profit most of the time is actually taken from the trailing stop and with a breakeven point of 5
    Yes
    Joel Protusada
    This Expert Advisor is a combination of different Forex strategies. Hedging - The use of this strategy is two-fold. First, it used to minimized drawdown of losing trades. Second, it is used to lock-in profit of winning trades. Scale-in - This method is implemented to increase profit of winning direction. Averaging - This method is implemented to factor in both winning and losing trades and to make sure if all trades are closed with positive profit. Environment Broker : The EA can work with ECN,
    Bott
    Joel Protusada
    This Expert Advisor is recommended for newbies. Bott is a Scalper Expert Advisor. The expert advisor is running on price action on entry analysis and winning trades use trail stop to maximize the profit and uses stop-loss on reversing trade to minimize losses. The entry plan is to catch the general trend and catch some pips on that trend.  In case the entry is not in favor and price reverses, it uses a Stop-Loss  Lotsizing is specifically based on the parameter "Money Management".  Very Importa
    FXFledgling Exit Tool is a complete risk management tool that analyzes both the open trades and the direction of the pair of open trades. As long as the suggested entry and lotsizing management presented here is followed strictly, you will have a high chance (but no guarantee) of surviving the trade. What It Does It is used as an exit tool. It helps the trader to manage any manual trade that he transacted. It does the following: Trail Stop Dynamic Stop Loss - a calculated stop-loss that changes
    TrendSign
    Joel Protusada
    The indicator has the following features Predictive Trend (Histogram) - it uses an advanced predictive probability and statistics calculation plus linear regression to know the possible trend. This must be used with at least 3 timeframes for a more accurate reading of the trend: D1, H4, H1. In some cases (subjective), you may want to use M5 for a more precise reading. Velocity (Dotted Line) - Green dotted line indicates a speed of price movement upward. Red dotted line indicates a speed of price
    PipSense Ichimoku is a fully automated trend following strategy that you can use to backtest a 10-year of data with modelling quality of at least 90%. It uses only an entry analysis based on the Ichimoku Indicator with a proprietary settings to detect price breakout movement. The success secrets of the Expert Advisor if backtested correctly are the combination of the entry method with the Money Management and multiple exit strategies. Once opportunity level is determined, it will open trades rig
    PipSense CBS
    Joel Protusada
    PipSense CBS (Candlestick Breakout System) is a fully automated trend following strategy with stop-loss that you can use to backtest a 10-year of data with modelling quality of at least 90%. It uses only an entry analysis based on the proprietary candlestick breakout system to detect price breakout movement. The success secrets of the Expert Advisor if backtested correctly are the combination of the entry method with the Money Management and multiple exit strategies. Once opportunity level is de
    Ultra Hedge Scalper is a fully automated scalping Expert Advisor that combines scalping and hedging strategy that you can use to backtest a 10-year of data with modelling quality of at least 90%. It uses only an entry analysis based on a proprietary Candlestick Breakout System and settings to detect price breakout movement. The success secrets of the Expert Advisor if back-tested and forward-tested correctly are the combination of the entry method with the Money Management and multiple exit str
    PipSense Master
    Joel Protusada
    PipSense Master is an Expert Advisor that uses a proprietary analysis strategies for trend following technique. It is a low risk Expert Advisor that works well and minimizes the risk if you let it run on multiple chart of different pairs of up 6 pairs simultaneously. Prefefrably, low volatile pairs.  Parameters TargetPercent - Target profit of account equity in percentage of the account balance. If reach, it will close open trades. MM (Money Management)  - This is used to divide the Account Bal
    Distance Breakout
    Joel Protusada
    1 (1)
    Distance Breakout EA   is a Forex Robot that uses a set of calculated distances. One for Buy Long and another one for Sell Short, and automatically detects true price breakout based on that distances. It uses two sets of number of bars, Fast and Slow periods, to calculate and analyze the breakout.    G U I D E   E B O O K    Download it here for free:  https://www.yumpu.com/en/document/view/65402349/under-the-radar-forex-masterstroke Click here to get the demo version so you can forward-test
    The Force One
    Joel Protusada
    The Force One Scalper   is a fully automated scalping Expert Advisor that you can use to backtest a 10-year of data with modelling quality of at least 90%. It uses only an entry analysis based on a proprietary multiple  trades maneuver analysis and settings to detect price breakout movement. The success secrets of the Expert Advisor if back-tested and forward-tested correctly are the combination of the entry method with the Money Management and multiple exit strategies. Once opportunity level is
    The Force Two
    Joel Protusada
    The Force Two Scalper s a fully automated scalping Expert Advisor that you can use to backtest a 10-year of data with modelling quality of at least 90%. All features of The Force One is used in this EA but with a much different entry analysis and techniques that make this one have a different precision on profitability. This EA can be used to diversify investment. It uses only an entry analysis based on a proprietary multiple  trades maneuver analysis and settings to detect price breakout movem
    NewsReady
    Joel Protusada
    NewsReady is a semi-automated Expert Advisor that uses a smart straddle methods It needs to be set in charts 2 to 10 minutes before Economic Data release with a red-flag impact on currencies related to the news. Then it run pending orders in specified number of minutes indicated in the time-period parameter. After the specified time, it will stop trading and will remove all pending orders. Important You can not backtest this tool because it is semi-automated and can only be set and run a few min
    Forex Juggernaut
    Joel Protusada
    F O R E X  J U G G E R N A U T  A highly powerful Expert Advisor even if used only with one currency pair, GBPJPY. The system structure is focused on the precision of the order entries and safety.   The EA is suitable and recommended for newbies.        V E R Y  I M P O R T A N T   This Expert Advisor can not run with any EAs in the same account. As part of the money management plan, it calculates and monitors the  Margin Level %  and assumes that all open trades are cre
    Volatility Watcher
    Joel Protusada
    3 (3)
    V O L A T I L I T Y   W A T C H E R  A highly powerful Market Volatility Detector. It gives current situation of market technical sentiment.          V E R Y  I M P O R T A N T     Once the tool detects and alerts you, you have to act on it right away for more precision of entries. Once the recommended pair to trade is gone, wait for the next recommendation.   If your MT4 is newly installed, there's no sufficient data yet for all 28 pairs that the tool monitors. You have to
    OBOS Watcher
    Joel Protusada
    4 (2)
    O V E R B O U G H T - O V E R S O L D   W A T C H E R  A highly powerful Market Price Exhaustion Detector. It gives current situation of market technical sentiment.  This is one of the best tools if you are counter-trend scalping.         V E R Y  I M P O R T A N T     The tool is not a trend indicator. It is an exhausted-trend indicator that may give possible bounce-back signal of the price. You can use this tool together with your own counter-trend strategy as a confirmat
    L   H E D G E R   S C A L P E R    A fully automated Expert Advisor that uses counter-trend scalping, managed semi-martingale strategy and lock hedging to execute a complete trading scheme from entry analysis to risk-calculated money management to exit analysis plan execution.         V E R Y  I M P O R T A N T    You can use only ECN type of account. Otherwise, it's a disaster. You can use only the GBPJPY currency pair. Open and attach with 1 chart only. Use a minimum of $5
    P Y R A M I D   E X P E R T    This Forex utility is a complex exit strategy and order management tool that executes four trading methods; scalping, pyramid style, hedging, and scaling method to close trades with a profit.           V E R Y  I M P O R T A N T     This is not a stand alone expert advisor. Use it with your own volatility-based strategy. Once you found the currency pair to trade, you can just attach this tool to the chart of the chosen pair and it will do the
    B U C K E Y E   E X P E R T   S Y S T E M    This Expert Advisor is a life experience. As most adept traders and system developers soon find, no matter how much personal development you achieve, there will be a point where you can feel that everything stops. The only way to continue to grow is by helping and making your works available to other people. Two positive points  are the benefits that you will get with this system: first is the rewarding results, and secondly, you may l
    T I P T O P   P R E M I U M    Tiptop is an Expert Advisor that runs its own proprietary analysis & algorithm. No indicator is used to analyze the entry point. It based it only with each price bar movement & closing price. Same logic w/ Volatility Watcher. For the exit plan, it uses the proprietary Sequence Method & implement the cutlosses-let-profit-run strategy. You will be surprised that at the closing of all trades, almost most of them are having a positive profit and almost ha
    B I G  C H I E F   P R E M I U M Big Chief is an Expert Advisor that runs its own 2 proprietary analysis & algorithms. No indicator is used to analyze the entry point in the first method and the second method has an Ichimoku Indicator with proprietary settings. For the exit plan, it uses the proprietary Sequence Method & implement the cutlosses-let-profit-run strategy. You will be surprised that at the closing of all trades, almost most of them are having a positive profit and alm
    WORLD FOREX ROBOT TRADER  World Forex Robot Trader   is the Forex Robot for the sophisticated and conservative busy investors and traders like you. It will enable you to start right away. You can trade as you learn and master more complex trading techniques. With this EA, your friends will be amazed of the quick 180-degree turn of your trading venture.  Be the one that you truly deserve and destined to be a high achiever.      G U I D E   E B O O K    Download it here for free:
    C O N S I S T E N T   F O R E X   B O T   P R E M I U M  Consistent Forex Bot   is the breakthrough Forex Robot that can help you achieve your realistic profit goal faster than you could ever imagine. It's for the sophisticated and conservative busy investors and traders like you. It will enable you to start right away. You can trade as you learn and master more complex trading techniques. With this EA, your friends will be amazed of the quick 180-degree turn of your trading ventu
    SUIT FOREX EA ROBOT PREMIUM  Suit Forex EA Robot   is the breakthrough Forex Robot that can help you achieve your realistic profit goal faster than you could ever imagine. It's for the sophisticated and conservative busy investors and traders like you. It will enable you to start right away. You can trade as you learn and master more complex trading techniques. With this EA, your friends will be amazed of the quick 180-degree turn of your trading venture.  Be the one that you trul
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