The Dragon Expert EA V2 is a powerful Forex robot meticulously designed for MetaTrader 4 (MT4) traders. Whether you’re a seasoned pro or just starting out, this EA can enhance your trading experience. Let’s dive into the specifics:
Key Information
- Minimum Deposit: To fully unlock the potential of Dragon Expert EA V2, we recommend a minimum account balance of $500 (with a minimum 0.01 lot size). Test it on a demo account first before investing real money.
- Timeframe Recommendations:
- M1 (1-minute): Ideal for active traders seeking quick entries and exits.
- M5 (5-minute): Suitable for capturing medium-term trends.
- Supported Currency Pair:
- Dragon Expert EA V2 works exceptionally well with EURUSD and USDJPY
Trading Strategy
- Triangular Correlation Pairs:
- The EA identifies correlations between currency pairs.
- Buy Signal: When positive correlations align, indicating potential uptrends.
- Sell Signal: When negative correlations align, signaling potential downtrends.
- Risk Management:
- Incorporates stop-loss orders and trailing stops.
- Customizable risk settings to suit your risk tolerance.
- Dynamic Adaptation:
- Adjusts strategy based on market conditions.
- Switches between trend-following and countertrend approaches.
Remember, no strategy guarantees success. Always practice responsible trading.
Stay Updated
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