Dragon Scalper Pro EA

The Dragon Scalper Pro EA is a trading robot designed to scan the market and identify trends based on volatility and an “intelligent” algorithm. In this article, we will provide an in-depth analysis of the Dragon Scalper Pro EA, its features, and its performance. By the end of the article, you will have a comprehensive understanding of this trading robot and be able to make an informed decision about whether to use it in your trading activities.

Dragon Scalper Pro EA Strategy

Dragon Scalper Pro EA
Dragon Scalper Pro EA

Dragon Scalper Pro is a trading robot that is designed to scan the market and identify the main trend before entering a trade based on volatility and an “intelligent” algorithm that detects future trends. The system works best with pairs such as EURUSD, GBPUSD, USDCAD, and NZDUSD on the M5 timeframe, although it can work with other pairs and timeframes as well.

Dragon Scalper Pro EA Activity
Dragon Scalper Pro EA Activity

This expert advisor operates primarily during the NY and Asian trading sessions and is compatible with both PC and VPS with a latency up to a recommended maximum of 100ms. Dragon Scalper Pro is known for its high resistance to slippage.

One of the unique features of Dragon Scalper Pro is that it does not use arbitrage or high-frequency trading techniques. When purchasing Dragon Scalper Pro, traders will also receive a free copy of another EA called Eagle Scalper Pro. The developer recommends choosing IC Markets as your brokerage, although the EA is compatible with any other forex broker.

Dragon Scalper Pro EA Features

  • Trend identification: The EA scans the market to identify the main trend before entering a trade based on volatility and an “intelligent” algorithm that detects future trends.
  • Currency pairs and timeframe: It is designed to work best with currency pairs such as EURUSD, GBPUSD, USDCAD, and NZDUSD on the M5 timeframe, although it can work with other pairs and timeframes as well.
  • Trading sessions: The EA primarily operates during the NY and Asian trading sessions.
  • Compatibility: Dragon Scalper Pro is compatible with both PC and VPS with a recommended maximum latency of 100ms.
  • Slippage resistance: The system is known for its high resistance to slippage, making it a popular choice among traders.
  • Trading technique: It does not use arbitrage or high-frequency trading techniques, making it suitable for traders who prefer a lower-risk trading strategy.
  • Additional EA: When purchasing Dragon Scalper Pro, traders will also receive a free copy of another EA called Eagle Scalper Pro.
  • Brokerage: The developer recommends choosing IC Markets as your brokerage, although the EA is compatible with any other broker.

Dragon Scalper Pro EA Settings

  • Lot- Lot amount for manual trading
  • Autolot- Enable or disable auto lot calculation
  • Risk- Risk percentage for auto lot calculation
  • Magic Number- Identification number for EA orders
  • Spread Allowed- Maximum spread limit for trade opening
  • WPR Period- Periods for WPR indicator
  • Upper Level- Upper level for WPR indicator
  • Lower Level- Lower level for WPR indicator
  • Signal only on Crossing- Generate signals only when WPR indicator crosses levels
  • WPR Reverse Rules- Enable reverse rules for WPR indicator
  • WPR Timeframe- Timeframe for WPR indicator
  • Enable close on WPR- Enable closing of trade on opposite WPR signal
  • Enable ATR- Enable ATR indicator
  • ATR Period- Periods for ATR indicator
  • ATR Min Limit- Minimum limit for ATR indicator
  • ATR Max Limit- Maximum limit for ATR indicator
  • ATR Timeframe- Timeframe for ATR indicator
  • Enable MA- Enable Moving Average (MA) indicator
  • Primary MA Periods- Periods for primary MA indicator
  • Secondary MA Periods- Periods for secondary MA indicator
  • MA Method- Method for calculating MA indicator
  • MA Timeframe- Timeframe for MA indicator
  • Signal on Crossing- Generate signals only on MA crossing
  • Min Distance for MA signal- Minimum distance required between MA for signal generation
  • Minimum Distance- Minimum distance between MA for allowed trading signal
  • Min Distance Reverse Mode- Switch to maximum distance for trade allowed
  • Enable Fixed Trading Hour- Enable fixed trading hours
  • Fixed Start Hour- Starting hour for fixed trading hours
  • Fixed Start Minute- Starting minute for fixed trading hours
  • Fixed Stop Hour- Ending hour for fixed trading hours
  • Fixed Stop Minute- Ending minute for fixed trading hours
  • Close out of hour- Enable trade closing after trading hours
  • Close Friday Night- Enable trade closing on Friday night
  • Enable Buy- Enable buying trades
  • Enable Sell- Enable selling trades
  • Max Orders- Maximum number of orders allowed
  • Take Profit- Take profit for orders
  • Stop Loss- Stop loss for orders
  • Close Only at end of bar- Close trades only at bar closing
  • Enable Bars to Close- Enable closing of trades after a fixed number of bars
  • Bars to Close- Number of bars after which trades are closed
  • Bars Timeframe- Timeframe for bar closing
  • Order Timeframe- Timeframe for opening orders
  • Alternation Opening Bars- Alternate bars for opening new orders
  • Trade Comment- Comments for trades
  • Fifo Mode- Enable FIFO compatibility
  • Enable Trailing Stop: Enable trailing stop
  • Start only in Profit: Start trailing stop only if stop loss is in profit
  • Trailing Stop in Point- Trailing stop in points
  • Trailing Step in Point- Trailing step in points
  • Enable Average Trailing Stop- Enable average trailing stop
  • Average Trailing Stop in Point- Average trailing stop in points
  • Average Trailing Step in Point- Average trailing step in points
  • Change Chart Color- Change chart color in Dragon Scalper Pro colors

Dragon Scalper Pro EA Summary

Dragon Scalper Pro is a forex trading robot designed to identify trends in the market and make trades based on an intelligent algorithm. The EA works best with specific currency pairs on the M5 timeframe during New York and Asian trading sessions. Its resistance to slippage makes it popular among traders, and its conservative approach makes it considerable for those who prefer lower-risk trading strategies.


However, it also has weaknesses such as its limited compatibility with specific currency pairs and timeframes. Hence, it is important to apply good risk management settings to avoid significant losses.

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