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New EA Dragon Expert Advisor V4.1 EA - Unlimited

3.30 star(s) 119 Votes
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?
 
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).
 
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
 
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.
 
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.
 
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.
 

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