EA Red Dragon is work based on the breakdown of the most important support and resistance levels. It uses an adaptive trade trailing algorithm. Red Dragon EA always uses a very small SL so the account is mostly protected from big-equity drawdown with a very low risk-per-trade.
This free forex EA has an information panel that contains a collection of statistics of the algorithm. Red Dragon EA was backtested and optimized using real ticks with 99,9% quality and successfully passed multiple stress testing. It also doesn’t utilize Martingale, GRID, Averaging, and other dangerous strategies.
Recommendations
Minimum account balance of 100$
Work Best On EURUSD. (work on any pair)
Work best on M30 Time Frames
Low Spread ECN account is recommended
Use this free forex EA on a VPS with minimal network latency to the broker’s server
#RedDragon