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Emerald Dragon

Introducing Emerald Dragon: Your Gateway to Trading Success

Are you tired of navigating the treacherous waters of the forex markets, always on the lookout for opportunities? The trading world can be relentless, leaving you yearning for a reliable companion. Look no further. Allow me to introduce you to Emerald Dragon, a formidable trading algorithm designed to extinguish your trading woes and ignite your success.

Emerald Dragon is not just another algorithm; it's your trusty partner in the dynamic forex realm. It leverages cutting-edge data and statistical analysis to unearth profitable trading opportunities and execute orders with surgical precision. Say goodbye to guesswork and hello to rule-based trading.

Mastering Market Reversals and Market Trends with Emerald Dragon

Emerald Dragon EA is your key to unlocking the secrets of market reversals and Market trends. This EA is not about risky strategies like martingale or grid—it's about reliable statistical methods, historical data analysis, and real-time market vigilance. This algorithm thrives on automation, making it your strategic ally for optimizing entry and exit points.

Worried about risk? Fear not. Emerald Dragon EA adapts dynamically to market volatility, ensuring your trading aligns with your risk tolerance and financial objectives. With no more than two active trades per currency pair, your trades are in capable hands.

The Science Behind the Dragon's Roar

Emerald Dragon EA stands apart by harnessing the power of time-series analysis and data wizardry. It analyzes historical data, employing statistical calculations to identify prime moments for trading. The Lot size, Stoploss, Take Profit, and Trailing SL are all meticulously crafted based on real-time market conditions, ensuring you stay in control.

Remember, your results may vary slightly due to data quality. But rest assured, the Dragon's principles remain consistent.

Parameters:

The following are the parameters to control this EA:

Lots: 

Set a value to use fixed lots. Set it equal to "0" (zero) to use Automatic Lots based on Risk_Percent.

Risk_Percent: 

This parameter helps you control what percent of your account balance should be risked per trade if automatic lots is chosen. Example: "1" means 1 percent and 0.5 means 0.5%.

Mode: 

If you are a trader with a bias based on fundamental analysis, this parameter helps you control the direction of your trades (Long Only | Short Only | Automatic).

TP_Multiplier: 

If SL is 10 pips away, setting this parameter to 2 will set TP 20 Pips away. This helps you control your Risk-Reward ratio. Setting of 2 and above is recommended.

SL_ATR: 

When this parameter is set to 3, it uses 3 times ATR below recent low as Stoploss which is a recommended setting.

UseTrailingStop: 

True = Use Trailing stops | False = Don't use Trailing stops.

UseBreakeven: 

True = Use Breakeven when possible | False = Disable Breakeven.

AcceptableSpreadPts: 

This parameter is helpful to stop trading when the spread is too wide. When set to 30, the algo stops trading when the spread is wider than 3 pips.

Trade_Start_Hour: 

Using this parameter, you can set at what time the EA should start placing trades.

Trade_End_Hour: 

This parameter is used to let the EA know by what time it should stop placing trades.

Magic: 

This is just a unique number to track the trades pertaining to this particular EA.


Backtesting Results – See It to Believe It

Before you embark on your trading journey, explore our backtesting results. Witness accuracy above 60% and a profit factor consistently above 2, particularly with the "EURUSD" currency pair. While the Dragon may face occasional challenges, it has proven its profitability over the longer term.

Remember that your results may vary depending on your data quality. Always conduct your own backtesting for a personalized assessment.

Disclaimer: Trading Wisdom

Past performance does not guarantee future returns. Back-test across various currency pairs, adjust parameters, and engage in forward testing with a small capital account before deploying Emerald Dragon. While we strive to manage risks, market uncertainty is inherent.

Recommended Settings – Your Path to Success

Emerald Dragon thrives in the 1-hour timeframe with the "EURUSD" and "USDJPY" pairs, but stay tuned for updates on other major pairs. Consider deploying the Dragon when you anticipate strong directional trends in a currency pair. Currency pairs that have general tendency to form trends like  USDJPY or EURUSD are best suited for this EA.

Your Voice Matters

Your feedback fuels our improvement. Share your thoughts and suggestions to shape the future of Emerald Dragon and our upcoming products. I am committed to enhancing your trading experience. You may also send me a message if you are stuck and need help.

The Future – Your Future

The journey has just begun. Expect a continuous stream of features and improvements in upcoming versions. Your feedback paves the way for a brighter trading future. Happy trading with Emerald Dragon!


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This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs Attributes: Can be used in the EURUSD, GBPUSD, AUDUSD, USDCAD  currency pairs Can be used in M30, H1, H4 time frames Has profit limit an
Gold Trading Algo
Ho Tuan Thang
3.53 (15)
ONLY 3 COPIES OUT OF 10 LEFT AT $199! After that, the price will be raised to $399. Limited price $299 is only for 10 first sales. After 10 sales, the price will be raised +$100. Final price for Gold Trading Algo is $1999. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Forex EA Trading Channel:  Update the latest news from me Some Features: - No Martingale, No Grid - The order is always protected by Stoploss - EA is using in-bu
Diamond PRO
Fanur Galamov
4.83 (18)
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
Quantum Algo Trading MT4
Lo Thi Mai Loan
5 (8)
Only 2 copiers left at this price, the next price is $1533 Check out the live results here: $50K Personal signal:   [Click Here] Small Personal signal: [Click Here] Prop firm live signal:   [Click Here] MT5 version here:   [Click Here] Welcome to   Quantum Algo Trading MT4 EA . This EA is designed to be more than just a mechanical system; it will be your companion on your trading journey throughout your life. The EA utilizes a breakout system with an algorithm optimized by someone with ov
Daytrade Pro Algo
Profalgo Limited
5 (6)
Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independ
Dark Algo
Marco Solito
4.79 (62)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
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DO NOT FALL FOR THE FAKE VERSIONS OF THIS EA CURRENTLY CIRCULATING ON THE INTERNET. THEY ARE TRICKSTERS TRYING TO SCAM YOU. About this Expert Advisor: Jim Simons achieved success through the Medallion Fund at Renaissance Technologies, sparking widespread interest in his unique trading approach, often dubbed "Simons' trading strategy." That method uses algorithms to exploit discrepancies in the market. This Expert Advisor (EA) uses one such proprietary strategy using statistical analysis. This
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ranjitsekarfx
59
ranjitsekarfx 2023.10.24 07:29 
 

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N Pavanraj
230
Reply from developer N Pavanraj 2023.10.24 07:35
I will improve. Thanks for your kind words.
Reply to review
Version 1.2 2024.04.25
Improved profitability. Next update will focus on making EURUSD trades profitable.
Version 1.1 2023.09.09
Fixed issues with backtesting.