EA RED DRAGON V3.12 – Fixed Copy forex robot
EA Red Dragon
The skilled makes use of a technique primarily based on the breakdown of a very powerful ranges of resistance and assist. An adaptive transaction monitoring algorithm is used. The skilled makes use of a small cease loss, which signifies that the account is all the time protected against drawdowns, and the danger per commerce may be very low.
The Knowledgeable Advisor integrates a system for closing positions throughout slippage. (there is a chance to configure).
Backtesting and optimization have been carried out on actual ticks with a historical past high quality of 99.9%. The EA efficiently handed stress testing.
The adviser implements an algorithm for gathering statistics with displaying statistics on the knowledge panel.
The primary benefits of the robotic
Would not use martingale.
Would not use Ilan.
Doesn’t use Arbitration.
Would not use Grid.
Doesn’t use different dangerous methods.
All the time applies cease loss to guard capital.
Primarily based on the unique writer’s algorithm .
It really works with totally different brokers.
It will probably work with a small deposit.
Solely pending orders.
Can work with fastened lot and MM.
Doesn’t open orders with a excessive unfold. (there is a chance to configure).
Necessities and Suggestions
5 digit quotes.
The utmost unfold is from 0 – 20 factors.
The minimal deposit is $ 100.
You’ll want to use VPS with minimal community latency to the dealer server.
ECN dealer with low fee and unfold.
Choices
Order Kind – buying and selling instructions.
Magic – The magic variety of orders. Order remark – Feedback on the order.
Slippage – Allowable slippage earlier than the order is triggered.
Use customized slippage – if true, the order will likely be closed if slippage is greater than customized slippage .
customized slippage – Slips to shut an order.
Max Unfold – The most allowable unfold earlier than a pending order is triggered.
disable commerce if unfold excessive – Turns off buying and selling for a sure time (from 5 minutes to 24 hours) if the typical unfold exceeds Max Unfold.
Use_Risk_MM – If true, the lot measurement will increase with the expansion of the account stability. (Threat administration). Percentage_Risk – Improve lot measurement primarily based on stability (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 a place is in revenue. (-1 = off, 0 = Stop_Loss ).
Good cease loss – Good cease loss factors (-1 – disable)
Threat Safety Shut Orders – If true, pressured closure of positions is used to guard in opposition to losses.
breakdown previous weeks – If true, use the breakdown of previous weeks.
Buying and selling throughout the week:
Monday – If true, commerce on Monday.
Tuesday – If true, commerce on Tuesday.
Wednesday – If true, we commerce on Wednesday.
Thursday – If true, commerce on Thursday.
Friday – If true, commerce on Friday.
Buying and selling by time throughout the day:
Use time – If true, buying and selling is timed.
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 – Time to begin work (hh: mm).
Every_Day_End – Finish time (hh: mm).
Friday shutdown time:
Use time – If true, buying and selling is timed.
Time_Setting – Server time or laptop time.
GMT_mode – The mode of figuring out the dealer server time offset relative to GMT. (0 – unused).
