Dragon Scalper EA MT4
Dragon Scalper EA is a trend-following trading robot that leverages market volatility and an intelligent algorithm for trade execution. With a considerable number of positive reviews and a 5-star rating from the majority of users, it appears to be a reliable option for traders.
What is Dragon Scalper EA?
Dragon Scalper is available on the MQL5 marketplace since January 2020 and was last updated in March 2020. It’s developed by Michela Russo, who has several other products on the platform. This trading robot scans the market to identify the main trend and enters trades based on volatility and a sophisticated algorithm aimed at predicting future trends.
Why should you use Dragon Scalper EA MT4?
- Automated Trading: It allows traders to automate their trading strategy, enabling 24/5 trading without continuous manual oversight.
- Scalping Strategy: Specifically optimized for scalping, it can be effective in volatile markets where it takes advantage of small price movements.
- Risk Management: Typically includes features to control risk per trade, potentially minimizing large drawdowns.
Dragon Scalper EA MT4 Review
When considering user reviews, it’s crucial to look for feedback on:
- Performance: How well the EA has performed in terms of profitability and risk management.
- Reliability: Consistency of the EA in executing trades according to its designed strategy without technical issues.
- Support: Quality of the developer’s customer service and community support, including updates and troubleshooting.
The Dragon Scalper has received positive feedback from users, with many highlighting its ability to find trends and trade effectively. Users have praised it for showing very good results with minimal drawdown, especially on the M1 timeframe, and for its contribution to the trading community with its advanced technology.
Trading Specifications
Recommended settings and parameters to pay attention to from developers and experts:
Features | Type |
---|---|
Trading platform | MetaTrader 4 (MT4) |
Minimum / Recommended deposit | $100 |
Time frames | M1, M5 |
Currency pairs | EURUSD, GBPUSD, USDCAD, and NZDUSD |
Product type | DLL |
Additional services | Unlock And Decompile |
Recommended brokers | Exness Broker, HTFX Broker |
Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
>>> Reviewed by David Easton
Conclusion
In concluding a review, it’s important to weigh the EA’s performance, features, and user feedback against its cost and any potential risks. Consider factors such as:
- Effectiveness: Whether the EA meets the claims made by its developers in terms of profitability and risk management.
- Value for Money: If the cost of the EA is justified by its performance and the support provided by the developers.
- Suitability: How well the EA fits different trading styles and risk tolerances, and its compatibility with various broker platforms and trading conditions.
Dragon Scalper Pro is a trend-following trading robot that leverages market volatility and an intelligent algorithm for trade execution. With a considerable number of positive reviews and a 5-star rating from the majority of users, it appears to be a reliable option for traders.
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User Reviews
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Original price was: $799.00.$49.00Current price is: $49.00.
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