EA Red Dragon EA - Free Download - $159

protrader

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May 31, 2020
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EA Red Dragon 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.




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Input Parameters

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  • 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 allowed.
  • Tuesday — When set to true, trading on Tuesday is allowed.
  • Wednesday — When set to true, trading on Wednesday is allowed.
  • Thursday — When set to true, trading on Thursday is allowed.
  • Friday — When set to true, trading on Friday is allowed.
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).
  • Drawdown
  • red-dragon-EA-for-free-download-knmmo.com_-1024x223.png
 

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