Examining the world of forex software, Dragon Fire Ultimate stands out as a customizable solution for traders seeking to leverage trends in the market. This software aims at swing trading and scalping, employing trend analysis based on candlesticks and seeking corrections or continuations in the market trend.
Customizable Features of Dragon Fire Ultimate
Dragon Fire Ultimate provides a high degree of customization, allowing users to tailor its features according to their specific trading needs. Users can choose their preferred period candle, from 7 or any other desired number, which offers flexibility and adaptability in different market situations.
This version of Dragon Fire Ultimate has been modified by the team to include several new features, making it a distinct tool in the forex trading landscape. These adjustable features add to the software’s overall versatility, offering users a more personalized trading experience.
Performance and Backtesting
Dragon Fire Ultimate allows users to backtest their strategies, an important feature in forex trading tools. This enables traders to evaluate the potential effectiveness of their strategies before applying them in the actual market. Only five downloads of the Expert Advisor (EA) are left at a price of $79, with the next price set at $99.
Trading Parameters and Symbols
Dragon Fire Ultimate supports various symbols, including XAUUSD, EURUSD, and GBPUSD, among others. It also facilitates trading across different time frames, catering to different risk appetites. For high-risk trading, time frames of M1-M15 are recommended, while for medium risk, M30-H1 is suggested.
The software also boasts an impressive feature of being insensitive to spread and slippage. It recommends the utilization of an Equity Centry Assistant for closing by dollar value, further enhancing its utility for forex traders.
Input Parameters and Trading Methods
One of the unique aspects of Dragon Fire Ultimate is the provision of different trading methods based on the input parameters. If a trader chooses a false reverse trade, the software looks for a correction after the count candle matches the input. On the other hand, if reverse trade is set to true, the software continues the count candle signal as per the input.
Dragon Fire Ultimate also provides EA Comment input, enabling traders to personalize their comments as per their preferences. This customizability makes it one of the most adaptable forex trading tools available.
FAQ
What is the minimum deposit for Dragon Fire Ultimate?
The minimum deposit required to use Dragon Fire Ultimate is $100 for cent. However, a deposit of $500 for cent is recommended for optimum performance.
Is Dragon Fire Ultimate sensitive to spread or slippage?
No, one of the key features of Dragon Fire Ultimate is that it’s not sensitive to spread or slippage.
Can I backtest with Dragon Fire Ultimate?
Yes, Dragon Fire Ultimate allows users to backtest their strategies. This feature is integral in assessing the effectiveness of trading strategies before they are implemented in real market conditions.
Independent Testing and User Experience
For those interested, independent testing of Dragon Fire Ultimate is available on the forexroboteasy.com website. Users can also subscribe to receive updates on the testing results of this product. We encourage readers to share their experiences of using Dragon Fire Ultimate, contributing to a more comprehensive understanding of its performance in various trading scenarios.
This review is an independent analysis of the Dragon Fire Ultimate forex software. It is written in a neutral tone, not recommending or endorsing the product, but providing an objective assessment of its features and performance. However, as with any trading tool, potential users should conduct their own due diligence before deciding if this software is suitable for their specific trading needs.
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