EA Red Dragon Original
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EA Red Dragon Original

39.00

39.00

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SKU: EA-Red-Dragon-Original Category:

EA Red Dragon Original is a fully automated forex robot usually being sold for 160$.

EA Red Dragon Original is work based on the breakdown of the most important support and resistance levels. It uses an adaptive trade trailing algorithm. Red Dragon EA always uses a very small SL so the account is mostly protected from big-equity drawdown with a very low risk-per-trade.

This free forex EA has an information panel that contains a collection of statistics of the algorithm. Red Dragon EA was backtested and optimized using real ticks with 99,9% quality and successfully passed multiple stress testing. It also doesn’t utilize Martingale, GRID, Averaging, and other dangerous strategies.

 

 

Recommendations

  • Minimum account balance of 100$
  • Work Best on:
    • EURUSD. (work on any pair)
    • M30 Time Frames
  • Low Spread ECN account is recommended (
  • Use this forex EA on a VPS with minimal network latency to the broker’s server (Reliable and Trusted FOREX VPS –NewYorkCiyServer  )

 

Input Parameters

Store Expertadvisor EA-Red-Dragon-Original-252x360 EA Red Dragon Original

  • Order Type — Trade direction.
  • Magic — The magic number of the EA’s orders.
  • Order comment — A comment to the EA’s trades.
  • Slippage — Allowable slippage before an order triggers.
  • Use custom slippage — When set to true, the EA will close orders is slippage is above custom slippage.
  • custom slippage — Slippage value to close orders.
  • Max Spread — Maximum Spread allowed before pending order triggers.
  • disable trade if spread high — Disable trading for some time (from 5 minutes to 24 hours) if the average spread exceeds Max Spread.
  • Use_Risk_MM — When set to true, lot size is increased together with account balance increase (Risk Management).
  • Percentage_Risk — Lot size increase based on the balance value (Risk Management in %).
  • Lot — Fixed lot value (if Use_Risk_MM – false).
  • Take_Profit — take profit level in points.
  • Stop_Loss — stop loss in points.
  • Trailing Stop — Trailing Stop points when the position is in profit. (-1 = off, 0 = Stop_Loss ).
  • Trailing Step — Trailing Step points when the position is in profit.
  • breakdown past weeks — When set to true, the EA uses breakdown of past weeks.

Adaptive Trailing Stop:

  • Risk_Protection_on_slippages — If true, the EA also applies position closure in case of a slippage.
  • Adaptive_Trailing_to_slippages — If true – adaptive trailing stop.
  • Change_correction_coefficient — Trailing sensitivity coefficient.
  • Adaptive_by_Time — Algorithm of adaptive trailing by time.
  • Time_Scale — time interval for price analysis.

Trading within the week:

  • Monday — When set to true, trading on Monday is allow.
  • Tuesday — When set to true, trading on Tuesday is allow.
  • Wednesday — When set to true, trading on Wednesday is allow.
  • Thursday — When set to true, trading on Thursday is allow.
  • Friday — When set to true, trading on Friday is allow.

Time trading within a day:

  • Use time — when set to true, trades in certain time intervals.
  • Time_Setting — server time or computer time.
  • GMT_mode — GMT offset of the broker server time. (0 – not used).
  • Every_Day_Start — operation start time (HH:MM).
  • Every_Day_End — operation end time (HH:MM).

Friday close time:

  • Use time — If true, trades at a certain time.
  • Time_Setting — server time or computer time.
  • GMT_mode — GMT offset of the broker server time. (0 – not used).
  • Disable_in_Friday — operation end time on Friday (HH:MM).

Store Expertadvisor EA-Red-Dragon-Original4-555x301 EA Red Dragon Original Store Expertadvisor EA-Red-Dragon-Original3-555x326 EA Red Dragon Original Store Expertadvisor EA-Red-Dragon-Original2-555x281 EA Red Dragon Original Store Expertadvisor EA-Red-Dragon-Original1-555x285 EA Red Dragon Original

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