Dragon XAUUSD this is a fully automated trading robot that was designed and created based on 19 best strategies and optimized on the broker’s historical data for 2015–2024. All trades are protected by stop loss. The advisor contains very useful functions and inputs for monitoring and adapting to market phases.
Attention !!! Please read carefully the rules for installing the advisor, and install it correctly. Before publishing, we check everything and publish only those advisors that work on our accounts !!! At least at the time of this article’s publication.Also, please note that the name of the adviser has been changed, you can find the original name of the adviser in our telegram channel https://t.me/FX_VIP/2224
Developer price | |
Terminal | MT4 |
Currency pair | XAUUSD |
Timeframe | M15 |
Money management | At least 100 currency units |
Recommended brokers | IC Markets |
For advisor recommended to use VPS 24/5 | Zomro (most affordable Windows server only $ 2.75 per month) |
Backtesting:
Backtesting was not carried out as there are accounts signals from the author, detailed statistics of trade can be found below
Settings:
Conclusion:
This advisor is another example of how inadequate developers are when they sell their advisors at very high prices, and it is also an obvious example of the fact that if an advisor is expensive, this does not mean that it is good, I have already repeated this many times, and for all the time I have tested and verified advisors, and believe me, there are quite a few, for the most part the picture is completely the opposite, those advisors that are expensive are basically all rubbish not worthy of your attention, sometimes, of course, you come across expensive and worthy advisors, but these are for the most part exceptions. But those EA that have an adequate price or are even free, among them there are more often really good and profitable products. Therefore, remember once and for all in Forex, an expensive product does not mean the best, and by the way, this rule applies to things in life, I think you understand what I’m talking about)
In general, regarding the advisor, I can say that I immediately did not like the fact that the settings that the developer uses are in the archive with the advisor, which you can download for free from the links below, in these settings the SL huge and the profit the advisor receives is tiny, the advisor can take a long time to gain profit in small parities and then get one SL which will cover all the profits that have been earned for a long time, the developer also writes about his advisor that it was created on the basis of 19 best strategies and all sorts of nonsense, artificial intelligence and so on, I don’t know about you, but I find it hard to believe.
But nevertheless, for us it’s all free and in this case I think why not check it out, besides, I think you can try experimenting with the settings, maybe you’ll achieve some good results, in general, download and check and never buy advisors for $30,000)
Reminder: As with every trading system, always remember that forex trading can be risky. Don’t trade with money that you can not afford to lose. It is always best to test EA’s first on demo accounts, or live accounts running low lotsize. You can always increase risk later!