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Expert: Red Dragon V3.12.ex4 (Unlocked), Document: Parameter.
The Expert Advisor (EA) uses a strategy centered around the breakdown of key support and resistance levels. It employs an adaptive trade trailing algorithm and features a very small stop loss (SL) to protect the account from equity drawdown, ensuring a low risk per trade.
Additionally, the EA incorporates a partial position closure system during slippage, which can be configured to suit your preferences.
Backtested with real ticks and 99.9% accuracy, the EA has successfully passed stress testing. It also includes a built-in algorithm for collecting statistics, with the data displayed on an information panel.
Key Advantages:
No Martingale strategy
No Ilan strategy
No arbitrage
No grid trading
Avoids high-risk strategies
Always uses stop loss for capital protection
Based on a proprietary, in-house algorithm
Compatible with various brokers
Suitable for small deposits
Operates only with pending orders
Supports both fixed lot and money management (MM)
Prevents trades from opening with a high spread (configurable)