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Dragon Forex EA Review
- Timeframe: H1
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- Broker (link): Pepperstone
Dragon Forex EA Review
In this post I will be reviewing the Dragon Forex Expert Advisor that has been developed to run on the free to download MetaTrader 4 trading platform. As with all forex expert advisors Dragon Forex EA is a fully automated trading system that will trade for you. You simply set it up in a few minutes using the simple to follow instruction guide that is included and let the expert advisor do all the rest for you so that you can make forex trading profits completely hassle free. There is no prior forex trading experience required thus it is suitable for even the most novice of forex traders. The Dragon Forex EA website even includes real live verified by MyFxBook trading results so that you can see its latest trading performance and if it is doing as well as it is at the time of me writing this review then it is certainly worth considering for using as an automated forex trading system.
Dragon Forex Trading Strategy
The Dragon Forex Expert Advisor was developed to trade on the GBPJPY currency pair on multiple timeframe. Trading multiple timeframes is advantageous as it can help to ensure that the signals are strong as they have been verified and checked on different timeframes thus making them more reliable. Furthermore, the Dragon Forex Expert Advisor uses the mid to long term timeframes such as the 1 hour and 4 hour which again leads to more reliable trading signals. Another advantage of trading different timeframes is the diversification. The GBPJPY currency pair has been chosen due to its high volatility and it is also suitable as it has plenty of liquidity. For best results ensure that you are trading with a true ECN forex broker for the best spreads and minimal slippage. The Dragon Forex EA will detect trends and look for support and resistance breakouts in the direction of the trend. It uses a favourable risk to reward ratio which ensures that a losing trade will not wipe out the winners.
Dragon Forex EA Summary
Overall, this isn’t the most popular of forex robots but that is not to say that it is not a good choice provided you are happy to trade a volatile pair like the GBPJPY. It is more of a mid to long term strategy and will require patience (as any forex system does) throughout periods of potential drawdowns primarily because the Dragon Forex Expert Advisor waits to catch the big moves which can be very favourable in the long run. It comes with full support, free updates, unlimited licenses option and also a money back guarantee.
Dragon Forex EA -Your Friend in Need
Dragon Forex EA is simple, user friendly and our excellent support team, being available whenever you need, ensures you are not bothered with any technical blocks. We want you can enjoy Hassle Free Trading!
Another plus is Dragon Forex EA enables quick trading decisions at lowest risk while setting your trades to highest profit margins and at the same time protecting your trades from any external interference – even your broker may not be aware of your trades!
With just three easy clicks you can download and install Dragon Forex EA, plugging it into Metatrader and start searching for trade tips – all within few minutes!
Dragon Forex EA - Aren’t Familiar With FX Trading?
Dragon Forex EA is short for Foreign Exchange Trading and refers to the profit or loss that is made by trading different foreign currencies against each other. The study of different international markets, how geo-political events affect those markets and the analysis of the stability level of a certain economy are factors that help a trader in assessing which foreign currency is about to strengthen against another.
Professional and experienced dealers who have the sixth sense for trading end up making thousands of dollars simply by buying and selling foreign currencies at the right time. They use their capitol to purchase the currency that is about to strengthen and then sell it off when it is reaches its potential.
Sounds easy? Technically it is, but gauging the different factors and acting on the right moment doesn’t come naturally to everyone. But why waste such an easy and lucrative opportunity when there is technology to help you out!! Yes, the computer whizzes have really done it this time. Make use of Dragon Forex EA and turn your investment into GOLD!
Dragon Forex EA – Haven’t Heard About FX Trading Robots Before?
Easy money without any effort is what the Dragon Forex EA is all about. It is an automated Forex strategy and programmed analytical system that allows you to sit back, relax and simply watch the FX Trading Robot do its trick. After the parameters, scales and limits of your transactions have been provided by you, the Robot takes over and handles all of the transactions for you. This permits you to take control while focusing your energies on other important matters as well.
The Dragon Forex EA stays on and operational 24/5 searching for profitable exchange opportunities during night sessions and strikes when gain can be expected. So unless you turn it off, you won’t miss a single lucrative trade option.
Unlike us humans, the Dragon Forex EA is devoid of emotional instability and will only work in a completely calculative environment. The expert advisor will not make spur-of-the-moment decision; in fact it is going to compile the facts and figures and not let fear, apprehension and stress get in the way.
Dragon Forex EA – About Trading Logic, Setup And Other Requirements
Dragon Forex EA trades in certain hours, analyzes and determines the price direction for the next couple hours or days. Also this expert advisor allows you to trade with specified risks and desirable profitability. The trading system gains great profit and opens trades every day. The EA is designed for trading on GBPJPY currency pairs.
When you purchase this forex robot you are joining a group. You are joining a small select group of traders who have decided they are ready for change and ready to achieve huge success in Forex.
There are very bleak chances of failing with the Dragon Forex EA because the creators of this software guarantee a more than 78% success rate and will also provide verified results.
I have more confidence in this expert advisor than investing in the stock market, real estate, or even from the advice of some of the world’s greatest investors.
Dragon Forex EA is instantly available at unbelievable price, i.e. only $199. So don’t wait to grab your copy!
- Price: $425
- Gain: 1531.6%
- Monthly: 48.6%
- Running Time: 208 days
- Start deposit: 1000
- Balance: 16316
- Drawdown: 39%
- Price: $295
- Gain: 245.4%
- Monthly: 12.3%
- Running Time: 312 days
- Start deposit: 2000
- Balance: 6908.78
- Drawdown: 36.5%
- Price: $269
- Gain: 220.3%
- Monthly: 4.6%
- Running Time: 1632 days
- Start deposit: 1539
- Balance: 2164.04
- Drawdown: 54.6%