Description
Overview
- Flexy The Dragon EA V2.7 MT4 is a versatile grid-based expert advisor (EA) designed for Meta Trader 4.
Key Features
- Dynamic ATR Lot Size:
- The EA calculates the lot size based on market volatility to manage risk.
- It considers the percentage difference between two daily Average True Ranges (ATRs) with a specified period (X) and 200.
- You can adjust the minimum and maximum lot sizes based on your risk tolerance.
- Sensitivity to the current ATR in days is also customizable.
- Strict Signals for Indicators:
- Version 2.7 introduces “strict signals” for indicators.
- These signals enhance precision by filtering out noise and false entries.
Trading Strategy
- Flexy The Dragon EA V2.7 MT4 operates on a grid-based strategy.
- It places pending orders and adapts to market conditions.
- The EA dynamically adjusts its lot size based on volatility.
- It aims to capitalize on price fluctuations within the specified drawdown limit.
Recommended Settings
- Timeframes: M1, M5, M30, H1
- Currency Pairs: EURUSD, GBPUSD
- Drawdown: 0.40%
- Minimum Deposit: The EA can work with a small deposit, but it’s advisable to start with at least $100
- Risk Management: Use a VPS or hosting server with minimal network latency to the broker’s server.
Download and Resources
- You can download Flexy The Dragon EA V2.7 MT4 from our website: https://yoforex.org/product/flexy-the-dragon-ea-v2-7-mt4/
- Join our Telegram group for updates and discussions: YoForexRobot Telegram.
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