Dragon Scalper EA V1.0 MT4

Forex scalping remains one of the most effective strategies for traders who aim to profit from small price movements over short periods. However, executing this strategy manually requires focus, speed, and experience. For those seeking automation without compromising on safety, Dragon Scalper EA V1.0 MT4 stands out as one of the most practical and effective Expert Advisors available today.

Built exclusively for the MetaTrader 4 platform, Dragon Scalper EA is a non-martingale, high-frequency trading robot engineered to take quick trades during optimal market conditions. Whether you're new to forex or a veteran looking for a consistent automated system, Dragon Scalper EA offers powerful features that align with safe trading practices and real-world profitability.

In this blog, we’ll explore the complete overview of Dragon Scalper EA V1.0 MT4, how it works, its key features, recommended trading environment, installation process, and why it's a perfect fit for traders using platforms like ForexFactory.cc.

What is Dragon Scalper EA V1.0?

Dragon Scalper EA V1.0 is an automated trading system (Expert Advisor) designed for MetaTrader 4 (MT4), focusing on scalping strategies. It identifies short-term price fluctuations, especially during high-volatility sessions such as the London and New York overlaps. Once an opportunity is detected, the EA places trades with tight stop losses and rapid take-profits.

Unlike many bots that use grid or martingale strategies—often leading to account blowouts—Dragon Scalper EA uses clean risk management principles, including single-entry logic, SL/TP protection, and adaptive lot sizing. It is specifically optimized for low-spread ECN brokers, making it ideal for professional traders, prop firm candidates, or anyone seeking a robust scalping solution.

Key Features of Dragon Scalper EA

✔ Non-Martingale & Safe Logic

Each trade uses a fixed or dynamically adjusted lot size, avoiding risky strategies like doubling down after losses.

✔ High-Frequency Scalping

Designed for M1 and M5 charts, the EA takes advantage of short-term price movements with lightning-fast entries and exits.

✔ Advanced Risk Control

Built-in equity protection with adjustable stop-loss, take-profit, and maximum trade limits to ensure safety.

✔ Customizable Trading Hours

Allows traders to define active trading periods—ideal for avoiding low-liquidity times or high-impact news sessions.

✔ Spread & Slippage Filters

Only trades when market conditions are favorable. Helps avoid slippage, excessive spread, and unnecessary exposure.

✔ VPS Friendly

Optimized for use with low-latency Virtual Private Servers for 24/5 uptime and faster execution.

Recommended Settings & Trading Environment

To maximize the potential of Dragon Scalper EA, follow these setup recommendations:

Timeframe: M1 or M5

Pairs: EURUSD, GBPUSD, USDJPY, USDCAD, NZDUSD

Broker Type: ECN or Raw Spread with 1 pip or less

Minimum Capital: $100 (ideal: $300+)

Leverage: 1:500 preferred

Server: VPS with <10ms latency

Best Sessions: London and New York overlaps

Slippage: <2 points recommended

Performance Snapshot

???? Backtest Performance (Historical Simulation)

Duration: 3 years

Win Rate: 88–92%

Max Drawdown: Less than 5%

Profit Factor: 2.5+

Average Daily Trades: 10–25

Timeframe Used: M1

???? Live Results (User Feedback)

Monthly Return: 10%–30%

Average Trade Duration: 2–7 minutes

Max Drawdown: 10–15%

Recommended Capital: $500 for optimal lot scaling

Dragon Scalper EA V1.0 MT4

Installation Guide

Follow the steps below to install and configure Dragon Scalper EA:

Download the EA files from the official link.

Open your MetaTrader 4 platform.

Go to File > Open Data Folder > MQL4 > Experts.

Paste the EA .ex4 file into the “Experts” folder.

Restart MetaTrader or refresh the Navigator.

Drag the EA onto a chart (M1 or M5).

Enable:

“Allow Live Trading”

“Allow DLL Imports”

8. Adjust:

Risk level (percentage or fixed lot)

Trading session time

Max spread and slippage settings

Once configured, attach the EA to all selected pairs, then allow it to trade as per your VPS or PC schedule.

Who Can Benefit from Dragon Scalper EA?

This EA is suited for:

Scalpers: Ideal for traders who prefer frequent, short-duration trades with low exposure.

Beginners: Easy to install, safe to operate, and comes with logical default settings.

Busy Professionals: Automate trading with minimal monitoring required.

Prop Firm Traders: Reliable EA that passes strict drawdown rules for funded accounts.

Algorithmic Strategy Testers: Integrates with backtest environments for strategic development.

Trading Tips for Maximum Profitability

Avoid running the EA during major news releases (NFP, FOMC, etc.)

Run on a dedicated VPS with <5ms latency to your broker’s server.

Start with low risk (0.5–1%) per trade until familiar with EA behavior.

Enable alerts and track logs to review trade decisions and performance.

Why Choose Dragon Scalper EA from ForexFactory.cc?

ForexFactory.cc provides a curated repository of trusted trading tools, indicators, and expert advisors. When you download Dragon Scalper EA V1.0 from our site, you benefit from: