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Dragon Pro EA

Dragon Pro EA is fully automated: set it up on a VPS, and it will trade for you automatically.
The current version includes London Breakout strategy. We will upgrade it with multiple strategies at no additional cost.

    LIVE SIGNALS
    For every sale of the EA, we will create a LIVE signal.

     Live Signal  Status   Note    Signal Close Date    Net Profit 
     London Breakout - XAUUSD - High Risk    LIVE       
     London Breakout - XAUUSD - Super Risk    Not live yet  High win rate, PNL Protector     
     London Breakout - XAUUSD - Prop Firm Account    Not live yet  Prop Firm Setup risk 1%     

    DRAGON PRO EA PRICING

    ANNUAL: 327 USD. Renew annual, 10 activations. 

    UNLIMITED USED: 981 USD. Lifetime, 10 activations.


    DRAGON PRO EA OPTIONS DETAILS  

    Dragon Pro EA Option  Default Value  Unit  Description / Setup Guide


     Strategy Setup

    		      
     Choose Your Favorite Strategy  London Breakout Strategy   options  London Breakout Strategy


     London Breakout Strategy  
    		     >> How to backtest (setup guide 1) 
     Broker's server time     GMT+02    Your broker's server timezone.  Google 'broker name + server timezone' to find the information. IMPORTANT
     DST Detector Automatic     Yes  T/F  DST stands for Daylight Savings Time.
     EA automatically detects DST changes.
     Session Range Box       Default  options  Use default setup from EA.  IMPORTANT
     If you want to custom your own range box, select CUSTOM. 
     Range Box Hour Start     00:00  hh:mm   Time to start the custom range box, if the Session Range Box is set to Custom. Format: hh:mm (e.g., 03:00).
     Range Box Hour End     00:00  hh:mm  Time to start the custom range box, if the Session Range Box is set to Custom. Format: hh:mm (e.g., 13:05).


     Risk Management 
    		    >> How to backtest (setup guide 2)
     Auto lot size:
     0.01 lot for every [x] USD    		     16  USD  The EA will automatically calculate the lot size based on your balance, account leverage, and stop-loss points.
     IMPORTANT
     MAX Trades per day     2 Trades  number  Number of trades per day: minimum 1, maximum 6, with a default of 2.
     Overtrading is not recommended. IMPORTANT
     MAX Total Volume limit      0  lots  Total volume limit set by the broker. For personal accounts, the limit is often 2000 lots.
     Leave as 0 to disable the option.
     Auto Stoploss     58  points  Automatically sets a stop-loss limit for every position. IMPORTANT
     Auto Takeprofit     669  points  Automatically sets take-profit limit for every position.
     Trade on Fridays     Yes  T/F  Enable the EA on regular Fridays.
     Trade on NFP days     No  T/F  Enable the EA on NFP days
     Trade on End-of-year holidays     No  T/F  Enable the EA during the end-of-year holidays.
     Max allowed Spreads      30  points  The EA will automatically cancel pending orders if the spread exceeds this value.
     Max allowed Slippage     5  points  The EA will automatically cancel pending orders if slippage exceeds this value.


     Account Protector 

    		       >> How to backtest (setup guide 4)
     Initial Deposit Hard-stop     0  %  The EA will stop trading when the balance falls below this percentage of the initial deposit.
     Leave as 0 to disable the option.
     Daily loss limits     0  %  The EA will skip pending orders if the daily loss exceeds the configured percentage.
     Leave as 0 to disable the option.
     Daily profit target     0  %  The EA will skip pending orders if the daily profit target exceeds the configured percentage.
     Leave as 0 to disable the option.
     PNL Protector by Trailing Stop     Disable  T/F  A special trailing stop program to protect PNL if needed; 
     this rule works like a trailing stop loss. IMPORTANT
     PNL Trailing Start     127  %  Works like the trailing stop loss Start.
     PNL Trailing Stop     66  %  Works like the trailing stop loss Stop.
     PNL Trailing Step     8.0  %  Works like the trailing stop loss Step.
     

     Auto Trailing Stoploss

    		     Default  T/F    >> How to backtest (setup guide 4) IMPORTANT
     Trailing Stoploss Start     0  points  Enter your custom value in points.
     Trailing Stoploss Stop     0  points  Enter your custom value in points.
     Trailing Stoploss Step     0  points  Enter your custom value in points.
     Cached cPanel      No   T/F  If set to 'Yes' the control panel will cache the report (info) if there are any changes from the local or VPS.
     Set to 'No' if testing on the MT5 Tester.


      HOW TO BACKTEST THE DRAGON PRO EA

      Time Frame Settings: M1 & M2 is highly recommended. 
      The time frame is flexible; you can choose from M1, M2, M5, M15, or H1. (H4 and D1 are not recommended)

      Backtesting Delay: Set a delay of 300 ms when backtesting on MetaTrader 5 Tester for the most realistic results.

      Currency Pair Testing: The EA has been thoroughly tested on XAUUSD.

      Feel free to test it on other popular currency pairs, such as USDJPY, using different option values.


      Commission-free(zero fee, higher spreads) or commission-based(low spreads) accounts with the lowest Spreads.

      All videos and screenshots are based on testing with a commission-free account.

      Recommend backtesting with a top real broker account for the best data quality.


      Setup Guide (1): Strategy Setup Section

      Default Strategy: London Breakout Strategy

      Set your broker's server timezone correctly, then leave the rest as the default setup for this section.

      If you prefer a different market session, set the Custom Range Box to CUSTOM.

      Custom Range Box: CUSTOM

      Adjust the range box start time and end time to modify the accumulation period according to the trading session.
      Typically, higher trading volumes and greater volatility occur during the European and U.S. sessions.

      Here are example values you can use to customize your own range box:

      Start / End

      03:00 / 13:00 

      or 03:00 / 13:01 if you prefer to delay 1 minute. 


      Setup Guide (2): Risk Management Section

      Key Options: Auto Lot Size + Auto Stop Loss

      • Auto Lot Size: Default is 15 for XAUUSD. This translates to 0.01 lots for every USD15 in balance.
        Increasing the Auto Lot Size value reduces the risk per trade. Refer to the instructional video for more details.

      • Auto Stop Loss: Default is 68 for XAUUSD.

        • Scalping or Day Trading: Default stop loss set at 68 points (low win rate mode).
        • Position Trading or Swing Trading: Set Auto Stop Loss at 2500 points (high win rate mode; potential for larger losses, use with PNL Protector).

      • Maximum Trades per Day: Default is 2 trades per day. You can increase this number, but avoid overtrading.
        While backtest results may show higher profits, be mindful that the margin of error naturally increases.

      Other values are clearly noted, and it is recommended to use the default settings.


      Setup Guide (3): Account Protector Section

      Account Protector is designed to safeguard your account from unexpected risks, functioning similarly to a continuous stop-loss or Prop Firm conditions to prevent significant losses.
      It also includes the PNL Protector to secure your gains from profitable trades.

      • Initial Deposit Hard-stop: Set at 0. This triggers an absolute stop level if your account equity drops by this value percentage compared to the initial deposit.

      • Daily Loss Limits: Set at 2.0%. The EA will cancel all pending orders for the day if equity falls more than 2% compared to the balance.

      • Daily Profit Target: Set at 2.0%. When the day's profits reach or exceed 2%, the EA will cancel any remaining pending orders for the day to secure an advantage for the next trading day.
        Set value is 0% to disable this option.

      • PNL Protector by Trailing Stop: This option protects your gains once your account becomes profitable.
        It operates similarly to a trailing stop-loss and includes settings for PNL start percentage, PNL stop, and PNL trailing steps.

        • PNL Trailing Start: Set at 127%. Activates PNL protection mode when profit doubles the initial deposit (X2).
        • PNL Trailing Stop: Set at 66%. This locks in profits when the trailing start is triggered.
        • PNL Trailing Step: Set at 8%. Each time the account profit increases by 8%, the locked profits will be updated accordingly.


      Setup Guide (4): Custom Default Trailing Stoploss Section 

      Dragon Pro’s default trailing stop-loss is designed to protect your gains and manage account risks effectively.

      As you gain more experience with trading and become familiar with how this EA operates, you can customize the trailing stop-loss settings to enhance its effectiveness and tailor it
      to your specific trading strategy.

      Setup Guide (5): Broker Account Type:

      Test both commission-free and commission-based accounts to find the optimal setup, as differences in spreads and free margin can vary based on your account balance.


      TERMS & SUPPORT

      By using Dragon Pro EA, you acknowledge that trading involves risks and that past performance is not indicative of future results.
      We recommend starting with a demo account to familiarize yourself with the EA’s functionality before using it on a live account.

      For support, please refer to the user guide included with the EA or contact us through the MQL5 private chat.
      We provide prompt assistance for any technical issues or inquiries related to the EA.
      Updates and improvements will be provided as needed to ensure optimal performance.

      DISCLAIMER

      The Dragon Pro EA is a powerful tool designed to assist with trading strategies.
      However, trading in financial markets carries inherent risks, and there are no guarantees of profit.


      Past performance does not guarantee future results!            <<<<<<======== IMPORTANT 

      Use this Expert Advisor (EA) at your own risk.
      It is essential to test the EA thoroughly on a demo account before deploying it on a live account.
      Market conditions can change rapidly, and the EA may not perform as expected under all circumstances.

      It is your responsibility to understand the risks involved and ensure that the EA aligns with your trading strategy and risk management practices.
      The author is not liable for any financial losses incurred while using this EA.

      By purchasing and using this EA, you acknowledge and agree to this disclaimer.


      ---------------

      Best of luck!

      Feel free to adjust any details according to your specific needs.


      Start with backtesting, move to a demo account, and then proceed to live trading.




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