Red Dragon Forex Robot MT4 (Update) – Free Download

Red Dragon Forex Robot Review

The Red Dragon Forex Robot is a fully automated forex trading system that runs on the MetaTrader 4 (MT4) trading platform. Based on its built-in algorithm, Dragon Ea can analyze charts to locate trading signals, then make and handle trades automatically. The development of the Best Forex Robot commercially accessible took years of hard labor, programming, and testing day and night.

WHY FOREX Dragon EA IS THE BEST OPTION?

EA has a high success rate on numerous currency pairings based on backtesting in the MT4 strategy tester over thousands of trades over many years of historical data, responding to varied market situations for the short, medium, and long term. EA is one of the few Forex robots with a proven track record on Myfxbook over a long period of time. For over 15 years, tens of thousands of hours of programming and testing have gone into the research and development of EA.

WHAT IS FOREX Dragon Expert EA AND HOW DOES IT WORK?

To begin looking for trades, just add the EA onto the charts of the MT4 platform. With the default settings, it can trade numerous currency pairings. Users can alter the lot size or risk each transaction to a desirable level by customizing the parameters.

Dragon Expert Ea RECOMMENDATION: 

Lot size: not less than 1000 units per 0.1 of a standard lot Deposit: $5000 Leverage: 100 Timeframes: M5 currency pairs:  

Version: V 2.0

Terminal: MT4

Year of issue: 2022

Working pairs: EURAUD, EURCAD, EURCHF, EURGBP, EURUSD

Recommended timeframe: M5

Best Brokers List

Red Dragon Forex Robot works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

Red Dragon Forex Robot Settings 

This Free forex EA uses a proprietary trading algorithm that incorporates technical analysis, price action, and dynamic money management. This is to aid in its ability to respond to ever-changing market circumstances and volatility.

FINANCIAL MANAGEMENT

EA includes a built-in money management system that you may tweak to your liking. There is no martingale, hedging, or arbitrage in this game.

BUYING AND SELLING HOURS

EA trades between 21:00 and 23:00 GMT.

ACCOUNT FOR TRADING

There is no requirement for a minimum deposit. You are free to choose any MT4 broker and trading account type that you like.

Red Dragon Forex Robot RESULTS:

Download Red Dragon Forex Robot 

Please try for at least a week an XM demo account. Also, familiarize yourself with and understand how this free forex ea works before using it on a live account.

Disclaimer: Trading in the forex market involves risk, and it is essential to conduct thorough research and seek professional advice before making any investment decisions. The information provided in this article is for educational purposes only and should not be considered financial or investment advice.