The EA Dragon Golden is a distinctive forex software that employs a scalping strategy system. It either follows the trend candle or reverses, adjusting according to the market conditions. This review aims to provide an in-depth look into this software, its features, and its performance in the financial market.
Scalping Strategy and Martiangle System
The software is designed with a unique scalping strategy system. This approach involves making frequent trades in the financial market, aiming to secure small profits from minor price changes. Additionally, the EA Dragon Golden software uses a martiangle system. This strategy is known for doubling the trade size after a losing trade to recover losses and gain profit from the next trade.
Software Features and Usability
Among the various features of the Dragon Golden Forex, several stand out. The software boasts of autolot addition, modifiable comments, and filters for slippage and spread. It also displays a solid backtest and live performance, providing users with a clear understanding of its functioning. The software does not require adjustments to GMT as it follows the local VPS/PC clock.
Currency Pairs and Recommended Timeframe
The Dragon Golden Forex supports numerous currency pairs including XAUUSD, NASDAQ, CRYPTO, US30, and pair forex. The recommended timeframe for using this software is M5, ensuring fast-paced and efficient trading.
Broker and Account Requirements
Although the software is not sensitive to spread and slippage, it is advisable to use a reputable ECN broker. The software should run on a VPS continuously for optimal performance. For accounts with 1:500 leverage, it is not recommended to use higher than low-risk settings on an account less than $6000. For accounts with 1:1000 leverage, significant risk settings are acceptable on a $1000 account.
Availability and After-Purchase Support
There are only five downloads of the EA left at $55, after which the price will increase to $99. After purchasing the software, customers are advised to contact the vendor immediately to receive instructions and a bonus.
FAQs
What is the Dragon Golden Forex?
Dragon Golden Forex is an Expert Advisor (EA) software that uses a scalping strategy system for forex trading. It either follows the trend candle or reverses depending on the market conditions.
What are the supported currency pairs?
The software supports various currency pairs including XAUUSD, NASDAQ, CRYPTO, US30, and pair forex.
What is the recommended timeframe for using this software?
The recommended timeframe for using the Dragon Golden Forex is M5.
For an independent analysis of the Dragon Golden Forex software, you can watch testing of this product on forexroboteasy.com. You can also subscribe to updates on the testing results of this product on the same website.
We invite users to share their experiences using this software to provide further insight into its performance and usability in the real-world trading environment. Remember, this review is independent, and the software is not affiliated with the review site.
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