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New EA Dragon Expert Advisor V4.1 EA - Unlimited

3.30 star(s) 120 Votes
I started putting this on real after testing for a few months. The way everyone is using it is too risky. Finally got the best settings using Sydney and Tokyo sessions. I only set it to trade between 2am to 5am every night based on IC Markets server time. See my settings. It opens about 4 - 5 trades every night. One will get through the timeframe and the EA will only manage that (usually closed by midday) and not open anymore other trades. Once its hedged, it will wait till 2am again. Making between 14% to 22% per week now. Because I only trade conservatively and not open any new trades on London and NY sessions, I can use higher lots. Just divide your equity to 20000 or 30000 and enter the first three digits into lots and you are good. Test it and you'll see. Screenshot below is for my 8k real account also made 12% last week. The statement is for my 100k account. Timeframe is M30. And I only trade GBPUSD.

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What is the exact time zone in which you trade?
 
I started putting this on real after testing for a few months. The way everyone is using it is too risky. Finally got the best settings using Sydney and Tokyo sessions. I only set it to trade between 2am to 5am every night based on IC Markets server time. See my settings. It opens about 4 - 5 trades every night. One will get through the timeframe and the EA will only manage that (usually closed by midday) and not open anymore other trades. Once its hedged, it will wait till 2am again. Making between 14% to 22% per week now. Because I only trade conservatively and not open any new trades on London and NY sessions, I can use higher lots. Just divide your equity to 20000 or 30000 and enter the first three digits into lots and you are good. Test it and you'll see. Screenshot below is for my 8k real account also made 12% last week. The statement is for my 100k account. Timeframe is M30. And I only trade GBPUSD.

View attachment 10129
View attachment 10128

nice bro. good to see some people actually posting real results. do you have an myfxbook?
 
nice bro. good to see some people actually posting real results. do you have an myfxbook?
Not yet as I test a lot of EAs. So my account is very fragmented but thinking of leaving this EA for a while so I might put it on myfxbook soon but I'm thinking of withdrawing every month.
 
Hi Whats the best EA you have tested?

This EA is still live on my accounts. Only had two trades last night and closed before 9am today. Glad I avoided the big moves today.
I have been testing and used on live the following: Traideringer. iLAN 2.0, Bunny v2.2, iLAN Trio 1.47 Mod1 (Mt4talk version, this one is on live also trading Tokyo only) iLAN Trio 1.45, PFX Forex Scalper, Gold Catcher v2, KOB v21, GPS Forex robot, Ticksniper, Whiteshark. These are the only I trust really. KOB has been bad but doing ok since yesterday's update.
 
Is this the one that trades at New York session opening?
Many thanks for your EA!

Is this the one that trades at New York session opening?
Many thanks for your EA!
 
i have been testing this EA for almost 2 weeks now ... i did 3 demo accounts :
Demo 1: Deposit 5k ... EA default settings... lot size 0.01 .. pairs used : EU and GU ... profit is about 1-1.2k per week .. DD reached 4000-5000k ... account still running

Demo 2: Deposit 5k ... EA default settings... lot size 0.02 .. pairs used : EU and GU ... account was blown when market went in one direction.

Demo 3: Deposit 5k ... EA default settings... lot size 0.01 .. pairs used : GJ, UJ and GU ... profit is about 900 per week .. DD reached 2500 - 3000k ... account still running

my opinion so far ... if you deposit 5k and use only one pair then draw down shouldnt blow ur account .. having multiple pairs might risk blowing ur account in case there is high impact news or when market is going in one direction for more than 24 hours... i will test it again on one pair and provide you with updates. you need big capital to use this EA but on the long run it seems profitable.
 
I also have been testing this EA and I have back tested this EA from 01-01-2020 to the 04-08-2020 and it has made $11000 in that time, using a $10000 demo account one pair EURUSD 30min with my own settings.
 

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i have been testing this EA for almost 2 weeks now ... i did 3 demo accounts :
Demo 1: Deposit 5k ... EA default settings... lot size 0.01 .. pairs used : EU and GU ... profit is about 1-1.2k per week .. DD reached 4000-5000k ... account still running

Demo 2: Deposit 5k ... EA default settings... lot size 0.02 .. pairs used : EU and GU ... account was blown when market went in one direction.

Demo 3: Deposit 5k ... EA default settings... lot size 0.01 .. pairs used : GJ, UJ and GU ... profit is about 900 per week .. DD reached 2500 - 3000k ... account still running

my opinion so far ... if you deposit 5k and use only one pair then draw down shouldnt blow ur account .. having multiple pairs might risk blowing ur account in case there is high impact news or when market is going in one direction for more than 24 hours... i will test it again on one pair and provide you with updates. you need big capital to use this EA but on the long run it seems profitable.
Check my previous posts. I use this on three live accounts. Conservative settings. Minimum 10% per week. 13% this week.
 
I also have been testing this EA and I have back tested this EA from 01-01-2020 to the 04-08-2020 and it has made $11000 in that time, using a $10000 demo account one pair EURUSD 30min with my own settings.

Hi, what is Level Risk responsible for?
 

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