Dragon Scalper EA MT4 Unlimited
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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.
Dragon Scalper EA MT4 Overview
Why should you use Dragon Scalper EA?
🔹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
1. Dragon Scalper EA Myfxbook Results:
Dragon Scalper EA is a fully automated Expert Advisor (EA) for MetaTrader 4, optimized for high-frequency, short-term trading. Running on a real account with 1:500 leverage, it demonstrates long-term profitability and consistent growth backed by verified Myfxbook credentials.
✅ Total Gain: +705.06%
✅ Monthly Growth: 23.40%
✅ Maximum Drawdown: 16.60%
Dragon Scalper EA MT4 Myfxbook Reuslts
2. Dragon Scalper EA Backtest Results:
🔹Dragon Scalper EA is a powerful high-frequency trading robot built for ultra-scalping strategies on the GBPUSD pair using the M1 timeframe. This EA was tested over a 3-year historical period with exceptional profit generation and consistent execution accuracy.
✅ Test Period: 2016.10.05 – 2019.10.01 (3 years)
✅ Initial Deposit: $100
✅ Total Net Profit: $98.56 million
✅ Win Rate: 91.53%
✅ Maximum Drawdown: 12.44%
Dragon Scalper EA MT4 Backtest Trading Results
🔹This backtest demonstrates the EA’s ability to compound profits exponentially while maintaining precise trade management and consistent accuracy over a long-term period.
✅ Test Period: Oct 5, 2016 – Sep 30, 2019 (3 Years)
✅ Initial Deposit: $100
✅ Total Net Profit: $1 billion
✅ Win Rate: 91.53%
✅ Maximum Drawdown: 3.54%
Dragon Scalper EA MT4 Backtest Results
🔹This backtest demonstrates the EA’s capability to achieve extreme compounding results using a low-risk AutoLot setting of 0.25, emphasizing capital preservation and long-term scalability.
✅ Test Period: Oct 5, 2016 – Sep 30, 2019 (3 Years)
✅ Initial Deposit: $100
✅ Total Net Profit: $5.5 billion
✅ Win Rate: 91.53%
✅ Maximum Drawdown: 0.86%
Dragon Scalper EA Backtest Trading Results
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 | NoDLL / Unlimited / Fix |
| 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 – Dragon Scalper EA MT4: High-Frequency Scalping with Verified Performance
In short, Dragon Scalper EA stands out as a high-frequency trading solution tailored for scalping on low timeframes, specifically optimized for pairs like GBPUSD and EURUSD. With a proven track record of performance on Myfxbook and exceptional backtest results demonstrating exponential profit potential, this Expert Advisor (EA) offers an ideal blend of precision, speed, and robust risk management.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓1. What is Dragon Scalper EA MT4 and what trading strategy does it use?
Dragon Scalper EA is a fully automated trading robot for MetaTrader 4 (MT4), optimized for ultra-fast scalping. It uses trend detection and volatility algorithms to identify short-term opportunities, particularly during high market activity, to generate frequent trades with small profits.
❓2. Which currency pairs and timeframes are supported?
Dragon Scalper EA is optimized for the M1 and M5 timeframes and works best on major and volatile currency pairs like GBPUSD, EURUSD, USDCAD, and NZDUSD.
❓3. What is the minimum deposit and leverage recommended?
The minimum recommended deposit is $100, and the EA performs best with 1:500 leverage to allow flexibility for short-term scalping positions.
❓4. Does Dragon Scalper EA use dangerous strategies like Martingale or Grid?
No. Dragon Scalper EA does not use Martingale, Grid, or Hedging. It uses a more stable, risk-controlled scalping method focused on trend prediction and volatility-based entries.
❓5. What kind of performance can I expect based on backtests?
Backtests over a 3-year period showed extremely high returns, including results like $5.5 billion profit from a $100 deposit, a 91.53% win rate, and as low as 0.86% drawdown, when using low-risk AutoLot settings. These results demonstrate powerful compounding potential under optimal conditions.
❓6. How often does the EA trade?
As a high-frequency scalper, Dragon Scalper EA opens multiple trades daily, especially during volatile market periods. The exact number of trades depends on market conditions and your chosen risk settings.
❓7. Is Dragon Scalper EA verified on Myfxbook?
Yes. Dragon Scalper EA has a verified Myfxbook account, showing a total gain of over 705.06%, monthly growth of 23.40%, and maximum drawdown of 16.60%, which supports its long-term live trading reliability.
❓8. What settings and customization options are available?
Dragon Scalper EA allows customization of key parameters like lot size, risk per trade, and slippage filters. It also includes AutoLot settings, allowing users to adapt the strategy to their capital size and risk tolerance.
❓9. Can I use Dragon Scalper EA with any broker?
It’s recommended to use ECN or low-spread brokers for best performance, as scalping strategies require fast execution and minimal slippage to maintain profitability.
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