EA Red Dragon EA – [Cost $159]

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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...

EA Red Dragon EA – [Cost $159]

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.RecommendationsMinimum account balance of 100$Work Best On EURUSD. (work on any pair)Work best on M30 Time FramesLow Spread ECN account is recommended (Find the Perfect Broker For You Here)Use this free forex EA on a VPS with minimal network latency to the broker’s server(Reliable and Trusted FOREX VPS – FXVM) No Minimum Deposit ECN Acount No Commission Register Min Deposit of 20$ Allow USA Traders Levergae up to 1:500 RegisterDownload a Collection of Indicators, Courses, and EA for FREEInput ParametersOrder 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).Drawdown2020/05/01 to 2020/12/01 | Default Settings | EURUSD M30GrowthDrawdownMore InfoRead More SkyNet EA – [Cost $139] – For FREEShare Article: