Introduction
So, you think you've found the holy grail of trading robots with Dragoon Scalper? I wouldn’t be too fast to put all my money on it. Let’s take a closer look at this trading robot and see if it lives up to any shred of the hype surrounding it.
Features of Dragoon Scalper
The Dragoon Scalper comes packed with the usual bells and whistles you’d expect from a trading bot that claims to give you an edge.
- Scalping strategy: Focuses on short-term trades to take advantage of minor price fluctuations.
- Timeframe: Primarily operates on M1, M5, and M15 charts.
- Currency pairs: Optimized for major forex pairs like EUR/USD, GBP/USD, and USD/JPY.
- Indicators: Utilizes a mix of moving averages and oscillators to time entries and exits.
- Risk Management: Adjustable settings for stop-loss, take-profit, and position sizing.
Yeah, sounds pretty standard, right? But let’s not judge a book—or a bot—by its cover.
Performance Analysis
You can find a detailed performance analysis at this link. But let’s cut to the chase: the last year’s results aren’t exactly awe-inspiring. The robot had a mixed bag of wins and losses, ending up with a net gain that can barely buy you a cup of coffee.
Pros and Cons
Here’s the part where we get real.
Pros:
- User-friendly: Easy to set up and doesn’t require much babysitting.
- Customizable: Plenty of parameters for those who love tweaking.
Cons:
- Inconsistent Results: One month you’re a king, the next month you’re a pauper.
- Limited Pairs: Only really optimized for a few forex pairs.
- Lack of Reviews: No user feedback to gauge its effectiveness.
Source Code of Dragoon Scalper
We don’t have access to the original source code of Dragoon Scalper sold on MQL5. But fear not, we've come up with our own version based on the description available. If you’re curious about the code or have any questions, head over to easytradingforum.com.
Conclusion
So, there you have it: Dragoon Scalper in all its mediocre glory. Do you feel enlightened or just as skeptical as before? Probably the latter. Feel free to discuss this robot on our forum and share your results. Who knows, maybe you’ll find that needle in the haystack.
Code:
You don't have permission to view the code content. Log in or register now.Download Dragoon Scalper Trading Robot
For those brave souls willing to give Dragoon Scalper a shot, you can download it and test it out. Have questions about the code? Ask away on easytradingforum.com. Remember, we don’t sell the Dragoon Scalper, but we’ve created a trading robot based on its description.