The strategy and algorithms used in In this post I will be reviewing the Dragon Forex Expert Advisor that has been developed to run on the free to download MetaTrader 4 trading platform. As with all forex expert advisors Dragon Forex EA is a fully automated trading system that will trade for you. You simply set it up in a few minutes using the simple to follow instruction guide that is included and let the expert advisor do all the rest for you so that you can make forex trading profits completely hassle free. There is no prior forex trading experience required thus it is suitable for even the most novice of forex traders.
The Dragon Forex EA website even includes real live verified by MyFxBook trading results so that you can see its latest trading performance and if it is doing as well as it is at the time of me writing this review then it is certainly worth considering for using as an automated forex trading system.
Trading multiple timeframes is advantageous as it can help to ensure that the signals are strong as they have been verified and checked on different timeframes thus making them more reliable. Furthermore, the Dragon Forex Expert Advisor uses the mid to long term timeframes such as the 1 hour and 4 hour which again leads to more reliable trading signals. Another advantage of trading different timeframes is the diversification. The GBPJPY currency pair has been chosen due to its high volatility and it is also suitable as it has plenty of liquidity.
For best results ensure that you are trading with a true ECN forex broker for the best spreads and minimal slippage. The Dragon Forex EA will detect trends and look for support and resistance breakouts in the direction of the trend. It uses a favourable risk to reward ratio which ensures that a losing trade will not wipe out the winners. It is more of a mid to long term strategy and will require patience as any forex system does throughout periods of potential drawdowns primarily because the Dragon Forex Expert Advisor waits to catch the big moves which can be very favourable in the long run.
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See all condition definitions - opens in a new window or tab Read more about the condition. EA Settings. EA will close all orders then disable activity when target equity reach.
Aggressive trade: Run EA 24 hours. Satisfaction Guarantee: If unsatisfied for any reason with your forex ea, program or course purchased, you can exchange it for any other that I have, of a similar value, free of charge. On a Personal Note : Hi there, I've personally been a financial trader on and off now for over 20 years.
Best Regards, Claude.
Dragon Expert Account Real 1
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Robot Review: Dragon Expert - Forex Robot Nation
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Back to home page. Listed in category:. Email to friends Share on Facebook - opens in a new window or tab Share on Twitter - opens in a new window or tab Share on Pinterest - opens in a new window or tab Add to Watchlist. Image not available Photos not available for this variation. Features of this EA Plots chart price in real-time between all time-frames to find the best entry and exit points EA will find the correlation between Pairs and give hedge to your trade.
Dragon Forex EA
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Dedication to all the guests Works on real account. Dragon Expert Advisor v4. Manual File. Like x 1.