The algorithm of this EA is based on the strategy of trading by levels, which are built by our own unique indicator, hedging and Martingale method. Initially, two positions are opened in both directions. At the nearest level, a profitable position is closed and an average position to the minus one is opened. The closure of these averaged positions occurs in a grid at a fixed TP Traders are also given the opportunity to use their own risk management system with two filters from the set to control the deposit drawdown.

Moreover, "Red Dragons" offers extensive customization options, enabling you to tailor the Expert Advisor to align with your specific trading strategies across any number of instruments and timeframes, accommodating individual trader preferences. Therefore, with various settings, taking into account the selected type of trading, this expert advisor is suitable for both scalping and intraday, medium-term and long-term automatic conservative trading.

This expert uses a universal panel for all our experts, which displays the following information necessary for the trader:
• Ticker of the traded instrument
• The number of open BUY and SELL orders
• The size of the current unfixed drawdown or profit (with a drawdown of up to 20% - standard color, with a drawdown of more than 20% - red, with profit - green)
• The size of the fixed profit for the current day, week and month
• Two buttons for closing all open BUY or SELL orders manually, if the trader so desires.

The chart also displays the zero price of the grid from all open orders (breakeven level) as a yellow line.

This expert advisor can be used to trade all instruments without exception on all markets and on any timeframes, but for this it is necessary to first select the appropriate settings for them.

You can download the demo version in https://www.mql5.com/
or contact us