Expert Advisor Dragon Pip uses a unique method of analysis to detect trends and signals of cash flow entering the market with high probability and low risk.
EA's strategy is suitable for currency pairs with low spreads.
|Max Spread||= 10 to 30 (Must be higher than the average spread of the currency pair)|
|Fixed Lot||= 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size and Auto Lot is disabled)|
| Auto Lot ||= 1 to 3 (= 2.0 mean lot size = 2 lots per $100,000 balance, or 0.02 lots per $1,000 balance...)|
|Magic Number||= 1 to 999999999 (change different numbers for each pair)|
| Distance Entry ||= 20 to 30 (distance from the current price to the pending order)|
|Trailing|| = 7 to 10 |
|Start Trailing|| = 20 to 40 |
|Take Profit||= 200 to 500|
|Volatility||= 50 to 100|
Time frame: any timeframe. Use VPS with low latency (<20ms).
Use EA with ECN or Raw spread accounts and allow hedging. Min Balance: $ 500
Stop Level = 0 (check the Stop Level by: Press Ctrl + U, select currency pair, click Properties and Stop Level on the 3rd line)
Do not use this EA with another EA on the same account. Do not make deposits or withdrawals while the EA has open positions.
Download history before backtest (Press F2, find currency pair, then Download). Backtest with model: Every tick.