Dragon Gold EA MT4 V2 (working Build 1420)

What is Dragon Gold EA?

Dragon Gold EA is a sophisticated Expert Advisor (EA) designed for automated forex trading on the MetaTrader 4 (MT4) platform. It focuses on the XAUUSD pair, trading on the M15 timeframe. Unlike many EAs that rely on high-risk strategies like Grid, Martingale, or multiplying, Dragon Gold EA employs 19 advanced entry strategies to ensure a robust and secure trading approach. All trades are protected by stop loss to mitigate potential losses. The EA has been thoroughly tested in live environments, demonstrating significant profitability and a balanced risk profile.

• Link: https://www.mql5.com/en/market/product/113026

Key Takeaways:

• Fully automated trading on MetaTrader 4.
• Specializes in XAUUSD on the M15 timeframe.
• Avoids risky strategies like Grid, Martingale, and multiplying.
• Employs 19 advanced entry strategies.
• Trades are protected by stop loss.
• Proven profitability through live testing.
• Requires a minimum deposit of $100.

Key Features:

• Platform: MetaTrader 4
• Currency Pairs: XAUUSD
• Timeframe: M15
• Minimum Deposit: $100
• Trading Strategy: 19 advanced entry strategies, no Grid, Martingale, or multiplying
• Risk Management: All trades are protected by stop loss
• Compatibility: Works with most brokers
• Live Testing: Successfully passed live testing with significant profits
• Automatic Trading: 100% automated
• Advanced Optimization: Based on historical data from 2015 – 2024

Dragon Gold EA Setting & Recommendations:

• Platform: MetaTrader 4
• Currency Pairs: XAUUSD
• Timeframe: M15
• Minimum Account Balance: $100
• Preset: Included in the package (Dragon_Gold_MT4_settings.set, MT4_safer_settings.set)
• VPS: Recommended for optimal performance
• Broker: Preferably low spread and low slippage brokers

Dragon Gold EA Review:

Dragon Gold EA is a professional-grade trading tool designed with over 12 years of practical trading experience in the forex market. It specializes in trading Gold (XAUUSD) on the M15 timeframe, ensuring a safe and profitable trading experience. The EA is built to avoid high-risk strategies and focuses on advanced entry techniques to optimize trading performance.

• Live Signal: https://www.mql5.com/en/signals/2198898

Performance Metrics:

• Profit: 81%
• Maximum Drawdown: 26.6%
• Max Deposit Load: 5.1%
• Algo Trading: 100%
• Profit Trades: 58.6%
• Loss Trades: 41.4%
• Trading Activity: 14.6%

How to Install Dragon Gold EA:

1. Open the MetaTrader 4 platform.
2. Click on “File” from the top menu.
3. Select “Open Data Folder”.
4. Navigate to the “MQL4” folder.
5. Open the “Experts” folder.
6. Copy the Dragon Gold v2.0.ex4 file into this folder.
7. Close and restart the MT4 platform.
8. Attach the Expert Advisor to the XAUUSD M15 chart.

For using the NEWS FILTER, ensure you allow web requests from:

• https://calendar.fxstreet.com
• https://worldtimeapi.org

Dragon Gold EA MT4 Download:

• Link download expert: Dragon Gold EA MT4 .ex4
• Presets

Download link, Installation guide (if any) will be sent immediately via email after your purchase, or you can directly download it from the website, under the section: My account -> Download.

Payment:

• Payment Options: PayPal, credit card, USDT TRC20, Binance Pay

Risk Warning:

• Forex trading is highly risky and can lead to the total loss of your investment; use Forex EAs cautiously and they cannot replace your trading decisions.
• Past performance is not a guarantee of future profits.
• Always test EAs on a demo account before applying them to a live account.