Индикатор Для Форекса Драгон

DoubleDragon is a mt4 (MetaTrader 4) indicator and it can be used with any forex trading systems / strategies for additional confirmation of trading entries or exits.

(downloadable file eunic-brussels.eu contains eunic-brussels.eu4 & eunic-brussels.eu4)

Free Download DoubleDragon forex Mt4 Indicator

How to install DoubleDragon mt4 indicator in forex trading platform metatrader 4?

Extract the downloaded eunic-brussels.eu

Go to “File menu” in Mt4 trading platform and click “open data folder”. Open Mql4 folder and open the indicators folder. Now paste the eunic-brussels.eu4 and eunic-brussels.eu4 files into indicators folder and restart the MetaTrader 4.

Black Dragon Indicator is a trading indicator that was published on the mql5 website in June of The developer Ramil Minniakhmetov last updated it to version in March of to add faster calculations to the formula.

Overview

Black Dragon is a trend-finding indicator that works with all timeframes on the popular MetaTrader 4 platform. Here are some of its highlights:

-Designed for ease of use, making it an effective tool for beginners, as well as experienced traders.

-Versatile: Can be used independently, or as a filter for any other strategy.

-Built-in support & resistance levels can be used for profit-taking and setting up stop losses, including built-in Fibonacci settings.

-Works with stocks, indexes, oil, and Gold on all timeframes.

-Traders can manage alert settings for more efficient trading.

According to the developer, this indicator works well with another one of his products named EA Black Star Premium. Together, the EA and indicator work in unison to make profitable trades by analyzing market conditions, but traders don’t necessarily have to buy the EA if they would prefer not to.

Service Cost

This indicator can be rented at a low rate of just $10 USD per year. Most indicators cost around $30, so we can’t help but find this price-competitive, even though the lack of buying options is somewhat inconvenient in the long run. On the plus side, the recommended EA that works with this indicator is also available for the same low price of $10 per year, making the combination highly affordable. If you’re interested in testing this indicator, a free demo version is also available.

Conclusion

Black Dragon is a versatile trend-finding indicator that works with all timeframes and a variety of products. More than people have tested the demo version so far, and the indicator has received 60+ comments and a 5-star rating. Here’s what some users had to say about it:

“Black dragon is my favorite indicator. It&#;s so simple to use, as an experienced trader it helps to make decisions quickly and even for newbies this is probably the single best indicator to start with. You don&#;t need 24 different indicators on 5-time frames, just keep it simple.” -fxresults

“Spent the weekend backtesting with the demo. Great result. First night live, cost of indicator made several times over. Using 5 minutes chart, it is the perfect filter for my entry strategy. 5 STARS.” -Shannon

These are only a few of many reviews that mention how profitable and useful this product is. Black Dragon Indicator is inexpensive – it can be rented for just $10 a year and traders can tack on the supporting EA for only $10 more. As long as it is used in combination with a good strategy, then everyone has the potential for a positive experience using this helpful trading tool.

This Forex service can be found at the following web address: eunic-brussels.eu

Submit by Maximo Trader

Dragon 5 min scalping is forex strategy for higher frequency trading (HFT). The trading system is equipped with tools that allow an easy view of the market and allow precise trading. The main feature is the sequence of arrows to enter easily filterable with band of moving averages and the trendline that must be concordant with the arrows or with when there is a double breakout in inversion of the trendline trend and the band of moving averages. The Dragon 5 min scalping strategy is provided with a currency of strength that indicates strong and weak currencies so as to hit strong currencies against weak currencies.

Time Frame 5 min.

Currency Pairs with low spreads but volatiles and Indices as S&P , Dow and Dax.

Trading Time – GMT Berlin.

Metatrader 4 indicators

Band of MA is composed by:

20 simple moving average, high.

20 simple moving average, low.

20 LWMA moving average, median.

Arrows for timing entry (default setting).

Currency Strength (default setting). I propose using the CS to find currencies in motion not for directionality. So choosing a strong currency against a weak one means that there is movement.

Pivot Points levels.

Logic trendtrenline

Symbol Changer.

Trading rules Dragon 5 min Scalping

Trades only in the direction of Band Moving Average.

Search for strong currencies against weak currencies and apply Dragon template Dragon 5 min Scalping.

Buy

The price candle is above MA bands when appear green arrow place an buy market entry at the open of the next bar.

Also check the concordance with the trendline.

In the event of an inversion there must be at the same time: the arrow, the price candle break upward the trendline and the ma bands.

Sell

The price candle is below MA bands when appear red arrow place an buy market entry at the open of the next bar.

Also check the concordance with the trendline.

In the event of an inversion there must be at the same time: the arrow red, the price candle break downward the trendline and the ma bands.

Exit at the opposite arrow, at the pivot points, or with fast profit target.

Stop loss pis depend by currency pairs.

it is advisable to disable trendline alerts.

In the pictures Dragon 5 min Scalping in action.

Share your opinion.

Overview

EA Black Dragon MT5 is an indicator-based Forex trading robot developed by the Forex Robot Easy Team. This code serves as a sample implementation of the EA Black Dragon MT5 trading strategy.

For detailed reviews and trading results of the official product, please visit the Forex Robot Easy website.

Prerequisites

Before running this code, ensure that the following libraries and indicators are included:

• eunic-brussels.eu
• eunic-brussels.eu
• eunic-brussels.eu
• eunic-brussels.eu

Configuration

The code includes several global variables that can be customized based on individual trading strategies and preferences:

• : Set to to enable trading on accounts that support hedging.
• : Set to to enable opening a new series of orders.
• : Defines the multiplier for modifying the stop loss level.
• : Defines the multiplier for modifying the network of orders.
• : Defines the period for the fast moving average.
• : Defines the period for the slow moving average.

Functions

This function opens a new deal based on the color of the Black Dragon indicator. If the color is green, a buy order is placed. If the color is red, a sell order is placed.

This function manages the existing orders based on the color of the Black Dragon indicator. If the color is green, the stop loss level and network of orders are modified. If the color is red, only the stop loss level is modified.

This function enables trading on accounts that support hedging, if the variable is set to .

This function can be used to add custom settings specific to individual trading strategies and preferences.

This function enables or disables the opening of a new series of orders, based on the value of the variable.

This function manages the moving averages by retrieving the values of the fast and slow moving averages using the method from the object. Custom moving averages management logic can be added in this function.

This function executes the trading operations by calling the above-defined functions in the required sequence.

This is the entry point of the program. It calls the function to start the trading process.

Disclaimer

Please note that ForexRobotEasy is not the official developer of this product. The provided code is a sample implementation that can work as described in the official product. To find the official developer of this product and for detailed reviews and trading results, please visit the Forex Robot Easy website.

Table Of Contents:

1. Dragon FX Profit Strategy For MT4
2. The Dragon FX Profit Strategy For MT4 – Long positions
3. The Dragon FX Profit Strategy For MT4 – Short positions
4. Is the Dragon FX Profit Strategy For MT4 profitable?

Please note: This strategy was publicly published in the trading community and is free to use. We do NOT make an attempt to decide if this strategy is profitable or not, because we know that the major factors regarding trading results are the skills/experience of the trader who executes the strategy. Therefore, we are mainly explaining the components and rules of the strategy. If applicable, we are highlighting advantages, disadvantages and possible improvements of the strategy.

The Dragon FX Profit Strategy For MT4 is a short term trend following strategy. As you can see from the charts, this trading system makes use of a price channel indicator and a bunch of oscillators in order to help you time the entry and exit of your trades. This trading system is meant for trading on the short term chart time frames only.

On the main price chart, we have the arrows and curves indicator. This is one of the custom indicators that are commonly used in many forex trading systems. The arrows and curves indicator is the customization of the price channel indicator. The price channel indicator typically involves two price bands.

This price bands are formed above and below the price high and low. Depending on the trend in the price action, the price channels tend to slope higher or lower. When price breaks out from one of the price channels, it can signal a strong and extreme trend in the markets. This is when potential trading opportunities can be found.

To complement the arrows and curves indicator, we then have the two oscillators in the sub windows. The first is called the Joker filter oscillator. This basically plots the histogram bars in red and green colors. Depending on the price trend, the histogram bars can change colors. In the second sub window we have another oscillator which also behaves similarly. Here too, we have the histogram indicator which plots the green and red bars.

In order to trade successfully using the dragon FX profit strategy, traders will need to wait for a trend to be established and then confirmed this trend depending on the way the indicators are positioned in the sub windows. Trades can then be taken depending on the confirmation and the conference of all the indicators in this trading system. Besides the above mentioned indicators, the dragon effects profit strategy also makes use of the intraday pivot levels. These intraday pivot levels are useful for Set up as potential take profit levels for your trades.

Let's now take a look at how you can trade long and short positions using the Dragon FX Profit Strategy trading system for MT4.

The Dragon FX Profit Strategy For MT4 – Long positions

In order to take a long position using the dragon FX profit strategy, you will need to wait for price to make a close on the upper price channel. When this happens, you will also see that an upward pointing arrow is plotted below the low of the price. After this, you should then look for confirmation to the two indicators in the sub windows.

Wait for at least one of the indicators in the sub window to change the histogram bars to green. While you can wait for both the indicators in the sub windows to show green, this is not the case all the time. Usually by the time you see this, the price action would have already moved significantly into the trend. Therefore, we advise the trader should apply some discretion when looking for the confirmation to the sub windows.

You can now take a long position at market. Set your stop loss to the low of the candlestick that broke above the price channel’s upper band. For your take profit levels, you can use the intraday pivot levels as the potential take profit levels. We recommend that you set up at least two take profit levels and once the first target is reached you should move your stop loss to break even and let the remainder of the trade play out.

The Dragon FX Profit Strategy For MT4 – Short positions

In order to take a short position using the dragon FX profit strategy, you will need to wait for price to make a close on the lower price channel. When this happens, you will also see that a downward pointing arrow is plotted above the high of the price. After this, you should then look for confirmation to the two indicators in the sub windows.

Wait for at least one of the indicators in the sub window to change the histogram bars to red. While you can wait for both the indicators in the sub windows to show red, this is not the case all the time. Usually by the time you see this, the price action would have already moved significantly into the trend. Therefore, we advise the trader should apply some discretion when looking for the confirmation to the sub windows.

You can now take a short position at market. Set your stop loss to the high of the candlestick that broke below the price channel’s lower band. For your take profit levels, you can use the intraday pivot levels as the potential take profit levels. We recommend that you set up at least two take profit levels and once the first target is reached you should move your stop loss to break even and let the remainder of the trade play out.

Is the Dragon FX Profit Strategy For MT4 profitable?

In conclusion, the Dragon FX Profit Strategy trading system is a simple forex trading strategy. While this trading system does not give you any real edge in the markets, it can signal you to potential trade opportunities in the very short term.

Therefore, we can recommend the dragon FX profit strategy even for beginners. The trading rules are quite simple to understand and can be used by traders at all levels. The trading template that comes with the dragon effects profit strategy is also lightweight. Therefore, you can use this template to monitor multiple instruments at the same time.

One of the drawbacks about the dragon FX profit strategy is the fact that it works best only during strong trending markets. When the markets are in a sideways range, the dragon affects profit strategy can be prone to false signals. Therefore, traders should bear this in mind when using this trading system.

Download the complete system description and the files here: