
disable trade if spread high - Disable trading for some time (from 5 minutes to 24 hours) if the average spread exceeds Max Spread. Max Spread - Maximum Spread allowed before pending order triggers. custom slippage - Slippage value to close orders. Use custom slippage - When set to true, the EA will close orders is slippage is above custom slippage. Slippage - Allowable slippage before an order triggers. Order comment - A comment to the EA’s trades. Magic - The magic number of the EA’s orders. Leverage of 1: 100 or more is recommended. ECN broker with low commission and spread. Use VPS or hosting server with minimal network latency to the broker’s server. Does not open orders with a high spread. Always use of stop loss to protect capital. The EA contains the algorithm of statistics collection with output on the information panel. It has successfully completed stress testing. It was backtested and optimized using real ticks with 99,9% quality. The EA integrates a system of partial position closure during slippages (can be configured).
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. It uses an adaptive trade trailing algorithm.
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