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Forex trading software has evolved over the years, with the Dragon Ultra Expert Advisor making a significant mark in the industry. This software is designed to build a smart grid both with and against the market trend, leveraging a potent combination of locking and partial loss closure. Moreover, it is continually being improved and upgraded to cater to the dynamic needs of online trading.
An Introduction to Dragon Ultra
Dragon Ultra is a currency trading software that operates on the principle of trend-smart trading. This means it’s capable of working both with and against the trend, making it a versatile tool in forex market analysis. One unique feature of this software is that it uses a smart recovery system with a Fibonacci grid, which provides good resistance to unexpected market events. It also employs a dynamic displacement correction system and a multi-stage gain closing algorithm for efficient trading.
The Evolution of Dragon Ultra
The development of Dragon Ultra can be categorized into five stages, each more advanced than the last. Stage 1 introduced the simple grid system, followed by the simple Martingale system in Stage 2. Stage 3 saw the application of a Fibonacci system, which was upgraded into a recovery Fibonacci system in Stage 4. The software is currently in Stage 5, where it utilizes a recovery Fibonacci system with Hedge. This makes Dragon Ultra the most advanced Expert Advisor available today.
Optimizing Dragon Ultra
When using Dragon Ultra, the trading mode should be set to UNLIMITED. The parameters of the software, such as Step Point and Trailing Point, should be optimized first for best results. It’s recommended to use a broker with low spread and a minimum deposit of $1000. The software also works best with a minimum leverage of 1:1000 and the recommended symbol is EURUSD.
Understanding Forex Trading Psychology
Trading psychology plays a significant role in forex trading. Dragon Ultra is designed to take full profit from every market fluctuation and retraction, optimizing the psychology of players. It’s rare for the market to move in one direction without retracement, except for about 2-3 times a year for EURUSD. Dragon Ultra handles these times efficiently, but users can also manually exit during these periods for better mastery of the software.
FAQs about Dragon Ultra
Q: How can I train myself to use Dragon Ultra?
A: You can master the use of Dragon Ultra by using the Dragon Training feature before purchasing the product. You can also run it in a real environment with the Dragon Lite, but note that the input parameters are hidden in this version.
Q: How does Dragon Ultra handle strong market trends?
A: Dragon Ultra is designed to take full advantage of every market moment. If the market has a strong uptrend or a strong downtrend, it can immediately guess whether the order wins or loses, making it a potent tool in such scenarios.
Q: Where can I see independent testing of Dragon Ultra?
A: Independent testing of Dragon Ultra is available on the forexroboteasy.com website. You can also subscribe to updates on the results of testing this product on the same platform.
In conclusion, Dragon Ultra is a versatile and robust forex trading software that is constantly evolving to meet the dynamic needs of online traders. For those who have used this product, feel free to share your experiences. Remember, this is an independent product review, and all statements made herein are based on user experiences and market analysis.
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