New EA Dragon Expert Advisor V4.1 EA - Unlimited

[lengendff]

No doubts that this is a very GOOD expert advisor.

Have martingale, grid and hedge.

Have Target Equity and Time Filter.

I use 5mins TF, 3 pairs(EURUSD, EURJPY and USDJPY) and,

1. Max Level Martingale at 5. Btw the level is using Fibonacci Sequence. 0.01, 0.02, 0.03, 0.05, 0.08.

2. Target Equity at Amount + $20. Which means if my account is $1000, I will put at $1020. So when the equity reaches $1020, all the trades will be closed and trading stops.

3. The rest default settings.

Basically trade safe using less levels(can survive 2 huge movements of 30-40pips, which means 2 bars total of 70pips at 1 time) and aim for a low constant profit. Can trade round the clock by withdrawing profits and once profits withdrawn, the ea will start to open trades again(provided did not manually turned off Auto Trading).

 

[Supersayen4]

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.

Thank you

 

[Rockycool]

Seems like a good ea thanks Will try as soon as possible

 

[Rockycool]

ultimate profitable exper adviser which i using since from 2months whith good profit

How much is it giving bro is it martingle?

 

[stevelacoste]

No doubts that this is a very GOOD expert advisor.

Have martingale, grid and hedge.

Have Target Equity and Time Filter.

I use 5mins TF, 3 pairs(EURUSD, EURJPY and USDJPY) and,

1. Max Level Martingale at 5. Btw the level is using Fibonacci Sequence. 0.01, 0.02, 0.03, 0.05, 0.08.

2. Target Equity at Amount + $20. Which means if my account is $1000, I will put at $1020. So when the equity reaches $1020, all the trades will be closed and trading stops.

3. The rest default settings.

Basically trade safe using less levels(can survive 2 huge movements of 30-40pips, which means 2 bars total of 70pips at 1 time) and aim for a low constant profit. Can trade round the clock by withdrawing profits and once profits withdrawn, the ea will start to open trades again(provided did not manually turned off Auto Trading).

Hi Have you tested this system, because after the initial 5 levels have been broken the EA will carry on placing trades, but repeat the 5 levels.

 

[Zagit]

I tested on the test you need at least $ 5000 for 0.01 per currency pair

 

[djredwood]

Dear all, i want to share Dragon Expert Advisor V4.1 EA

It is Unlimited license.

Use at your own risk.

Thanks.

Nice I'd like to try this one.

 

[lengendff]

Hi Have you tested this system, because after the initial 5 levels have been broken the EA will carry on placing trades, but repeat the 5 levels.

Yes, tested.

It won't go pass the 5 levels. Yes, it will still place trades but in the other direction, but won't pass the max 5 levels. Any floating losses is just floating. Trust this and let it do its work.

Basically this ea need to be controlled and if left uncontrolled and with high leverage as in 1:200 and above, the account will be blown.

 

[JVfx]

I will look forward to try it with demo account.

Looking at the review from other members. I guess monitoring it judiciously will make it work better.

 

[doobe66]

Thanks for sharing, good review anyone? which pair is better?

 

[lengendff]

Anyone have the source code to share? Thanks a lot.

 

[aumarw]

Will test this ea on my demo acc, looking good ea .

 

[Horluwarsheun]

Thanks for sharing, please be fareful using martingale EA's

 

[lengendff]

Yes, tested.

It won't go pass the 5 levels. Yes, it will still place trades but in the other direction, but won't pass the max 5 levels. Any floating losses is just floating. Trust this and let it do its work.

Basically this ea need to be controlled and if left uncontrolled and with high leverage as in 1:200 and above, the account will be blown.

Attached some of the screenshots on the real account.

Basically I set at max 5 levels and target equity at balance +$20 which will close the trades and stop trading when reached.

Just check back when free and withdraw money back to bank account.

 

[Zagit]

Hi which broker do you trade and what type of account?

 

[Mayapatil]

I used this EA 2 years back and it blown my account. It's standard account from FBS. It's martigale is very dangerous trade safely.

 

[lengendff]

Hi which broker do you trade and what type of account?

Any brokers also can, as long as hedging is allowed.

Any accounts also can.

Just follow my recommendations on 5 max levels and auto stop trading when target equity reached.

 

[Zagit]

Any brokers also can, as long as hedging is allowed.

Any accounts also can.

Just follow my recommendations on 5 max levels and auto stop trading when target equity reached.

Thank you so much for your advice, I hope everything will be fine when I start trading on real accounts

 

[denizyaran]

nice bro. good to see some people actually posting real results. do you have an myfxbook?

Here is my fxbook. Started using my strategy since 27/07/2020. Trading Sydney and Tokyo sessions only. Sometime I manage the trades myself if I sense a change in direction or when the TP gets close but doesnt hit. Last week was like that as it was very volatile and my trades often closed during the day but was fine in the end.

 

[sdores]

Can you please tell me how the martingale levels work. I mean what is the difference between leaving the default value of 99 or setting it to 5 as many people do.
Thank you so much for sharing.