Dragon Gold MT4 is a dedicated EA for trading XAUUSD (Gold) on the M15 timeframe, developed by experts with over 12 years of experience. It avoids high-risk strategies like Grid, Martingale, or lot multiplication, making it a safe and effective choice for both beginners and professional traders.
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Dragon Gold MT4 v2.0 vs SetFiles (Platform build 1441+)
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Dragon Gold MT4 is a dedicated EA for trading XAUUSD (Gold) on the M15 timeframe, developed by experts with over 12 years of experience. It avoids high-risk strategies like Grid, Martingale, or lot multiplication, making it a safe and effective choice for both beginners and professional traders.
Original price was: $30,000.00.$39.00Current price is: $39.00.
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What is Dragon Gold MT4?
Dragon Gold MT4 is a professional trading tool developed by a team of experts with more than 12 years of real trading experience in the forex market.
It is specifically designed for trading Gold (XAUUSD) and performs best on the M15 timeframe.
Unlike many risky EAs, Dragon Gold does not use dangerous strategies like:
-
Grid trading
-
Martingale
-
Lot multiplication
Instead, it focuses on safe and steady trading, aiming to deliver consistent results without putting your capital at high risk. It’s an excellent choice for traders who want to trade gold seriously and sustainably.
Version: New Version
The Right Platform: Meta Trader 4 (MT4)
Our Telegram Team: Join now
Our Youtube Channel: Click here
Key Features
🔹 Fully Safe – No Risky Strategies Used:
Dragon Gold MT4 does not use dangerous methods like Grid, Martingale, or lot multiplication. It’s designed to prioritize capital safety, even during high market volatility.
🔹 Specialized for Gold Trading on M15 Timeframe:
This EA is professionally optimized for trading XAUUSD (Gold) specifically on the M15 chart, ensuring a balance between trade frequency and market precision.
🔹 Optimized with Real Historical Data:
Dragon Gold is powered by 19 carefully optimized strategies, tested and fine-tuned using broker data from 2015 to 2024, allowing it to adapt to different market conditions.
🔹 Built-in Smart Risk Management:
Every trade is protected with a Stop Loss (SL) to minimize potential losses and protect your account during unexpected price movements.
Dragon Gold MT4 Review
In just 5 weeks of operation, Dragon Gold MT4 has shown steady growth and high performance with excellent capital protection.
✅ Initial Deposit: $500
✅ Growth Rate: 57%
✅ Win Rate: 100%
✅ Maximum Drawdown: 4.5%
Dragon Gold MT4 delivers stable profits with minimal risk, making it an attractive choice for traders.
✅ Initial Deposit: $500
✅ Growth Rate: +133%
✅ Win Rate: 100%
✅ Maximum Drawdown: 2.7%
Dragon Gold MT4 Setting
| Trading platform | MetaTrader 4(MT4) |
| Minimum / Recommended deposit | $100 |
| Time frames | M15 |
| Currency pairs | XAUUSD (Gold) |
| Setup files | Available |
| Product type | NoDLL / Fix |
⚙️ Input Settings Explained
🔄 Trade Settings
| Variable | Value | Description |
|---|---|---|
OpenLongTrades |
true |
Enables long (buy) positions |
OpenShortTrades |
true |
Enables short (sell) positions |
StopLoss |
4000 |
Stop loss in points (400 pips) — wide SL for long-term trades |
TakeProfit |
200 |
Take profit in points (20 pips) |
MaximumSpread |
100 |
Maximum allowed spread (in points). EA will not open trades if spread is higher |
TradeComment |
"Dragon Gold MT4" |
Custom label for trade identification in MT4 |
MagicNumber |
37 |
Unique ID for the EA to manage its trades independently |
📈 Market Condition Filters
| Variable | Value | Description |
|---|---|---|
ExcessivePoints |
false |
Disables filtering trades based on excessive price movements |
ExcessivePointsDistance |
1300 |
If enabled, the EA avoids trading during high volatility (130 pips) |
DynamicExcessivePointsEMA |
false |
Disables dynamic volatility filtering using EMA |
📊 Moving Averages (Strategy Core)
| Variable | Value | Description |
|---|---|---|
DSMA |
5 |
Fast moving average period |
DBMA |
15 |
Slow moving average period |
EA may use crossover logic between these MAs to determine entry points
🎉 Trading Conditions
| Variable | Value | Description |
|---|---|---|
NewYearHolidayTrading |
true |
EA is allowed to trade during New Year (can be risky) |
Time Distance per second |
0 |
Likely unused or legacy setting (leave as-is) |
💰 Money Management
| Variable | Value | Description |
|---|---|---|
MoneyManagementType |
AutoLot |
EA adjusts lot size automatically based on balance |
FixedOrderSize |
0.01 |
Used only if AutoLot is disabled |
IncreaseLotSizeEvery |
300 |
Increases lot size every 300 profit steps (depending on EA logic) |
MaxPairsWithOpenPositions |
5 |
Limits number of pairs (or trades) opened at once |
🕳️ Gap & Hidden Gap Filters
| Variable | Value | Description |
|---|---|---|
AvoidTradingAfterGaps |
true |
EA avoids trading immediately after a gap |
HowManyCandlesAfterGaps |
10 |
Waits 10 candles after a gap before trading resumes |
HowManyPointsGaps |
100 |
Defines what is considered a gap (10 pips) |
AvoidTradingAfterHiddenGaps |
false |
Disables filter for hidden gaps |
HowManyCandlesAfterHiddenGaps |
10 |
Only used if hidden gaps are enabled |
HowManyPointsHiddenGaps |
900 |
Threshold for hidden gaps (90 pips) |
✅ Recommended Settings
-
Leave settings as default unless you fully understand the implications
-
Use AutoLot for dynamic sizing or set
MoneyManagementType = FixedLotand adjustFixedOrderSizemanually -
Ensure
MaximumSpreadsuits your broker’s average spread for XAUUSD
🧪 Tips for Optimal Use
-
Backtest on M15 timeframe for at least 1 year of data
-
Use with low spread ECN brokers for best performance
-
Monitor account margin levels, especially with multiple trades open
-
Combine with a VPS for 24/7 operation
In the Downloads folder, there are:
1. Experts:
✅ Dragon Gold MT4 v2.0.ex4
2. Presets:
✅ XAUUSD M15 ep3 digits.set
✅ XAUUSD M15 n3 digits.set
✅ XAUUSD M15 ep2 digits.set
✅ XAUUSD M15 n2 digits.set
>>> Reviewed by Micheal Elliot
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