- June 27, 2019
- Posted by: Forex Wiki Team
- Category: Free Forex EA
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.

Demo account monitoring

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).

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).
Friday Shutdown Time:
- 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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