EA Red Dragon Advisor on Breakdown of Important Levels of Resistance and Support

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EA Red Dragon Advisor on Breakdown of Important Levels of Resistance and Support 1

EA Red Dragon Advisor on Breakdown of Important Levels of Resistance and Support
EA EA Red Dragon makes use of a technique based mostly on the breakdown of crucial ranges of resistance and help. An adaptive transaction help algorithm is used. The EA makes use of a small cease loss, which signifies that the account is at all times protected against drawdowns, and the danger per commerce could be very low.

The skilled has built-in a place closing system throughout slippage. (it’s attainable to customise).

Backtesting and optimization had been carried out on actual ticks with a historical past high quality of 99.9%. Advisor efficiently handed stress testing.

The Skilled Advisor has an algorithm for gathering statistics with displaying statistics on an data panel.

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Working forex pair / timeframe: EURUSD M30.

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The principle benefits of the robotic
Doesn’t use martingale.
Doesn’t use Ilan.
Doesn’t use arbitration.
Doesn’t use Grid.
Doesn’t use different dangerous methods.
All the time applies a cease loss to guard capital.
Primarily based on the unique copyright algorithm .
Works with totally different brokers.
Can work with a small deposit.
Solely pending orders.
It could work with a hard and fast lot and MM.
Doesn’t open orders at excessive unfold. (it’s attainable to customise).

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Necessities and suggestions
5-digit quotes.
Most unfold – from 0 – 20 factors.
The minimal deposit is $ 100.
Remember to use VPS with minimal community latency to the dealer server.
ECN dealer with low fee and unfold.
We advocate for proper buying and selling ALPARI , Forex4YOU, EXNESS
Choices
Order Kind – commerce instructions.
Magic – The magic quantity of orders.
Order remark – Feedback to the order.
Slippage – Allowable slippage earlier than the order triggers.
Use customized slippage – set to true – the order shall be closed if slippage is extra customized slippage .
customized slippage – slipping to shut the order.
Max Unfold – Most Unfold allowed earlier than triggering a pending order.
disable commerce if unfold excessive – Flip off buying and selling for a sure time (from 5 minutes to 24 hours) if the typical unfold exceeds the Max Unfold.
Use_Risk_MM – If true, the lot measurement will increase because the account steadiness grows. (Danger administration).
Percentage_Risk – Improve in lot measurement based mostly on steadiness (danger administration in%).
Lot – Lot is everlasting (if Use_Risk_MM is fake).
Take_Profit – Take Revenue in factors.
Stop_Loss – Cease loss in factors.
Adaptive Trailing cease – If true, adaptive trailing cease is used.
Trailing Cease – Trailing factors when the place is in revenue. (-1 = off, 0 = Stop_Loss ).
Sensible cease loss – Factors of sensible cease loss (-1 – disable)
Danger Safety Shut Orders – If true, pressured closing is used to guard in opposition to losses.
breakdown previous weeks – If true, we use the breakdown of the previous weeks.
Commerce inside per week:

Monday – If true, commerce on Monday.
Tuesday – If true, commerce on Tuesday.
Wednesday – If true, commerce on Wednesday.
Thursday – If true, commerce on Thursday.
Friday – If true, commerce on Friday.
Intraday buying and selling:

Use time – If true, buying and selling takes place in time.
Time_Setting – Server time or laptop time.
GMT_mode – The mode of figuring out the dealer server time offset relative to GMT. (0 – unused).
Every_Day_Start – Begin time (hh: mm).
Every_Day_End – Finish Time (hh: mm).

Use time – If true, buying and selling takes place in time.
Time_Setting – Server time or laptop time.
GMT_mode – The mode of figuring out the dealer server time offset relative to GMT. (0 – unused).
Disable_in_Friday – The top time on Friday (hh: mm).

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