Available soon
Loading product…
Dragon Ultra is an MT5 expert advisor that builds a Fibonacci-based grid, can trade with or against the trend, and uses hedging and partial loss closing to manage open baskets. It is aimed mainly at EURUSD.
Get one message the moment it launches, with its price.
Dragon Ultra is an expert advisor for MetaTrader 5 that trades with a grid. It can add positions both in the direction of the trend and against it, spaces them using Fibonacci-style steps, and uses hedging and partial loss closing to manage a basket of trades that has moved against it.
The advisor opens an initial position and then builds a grid of further orders as price moves. The distance between orders follows a Fibonacci progression rather than a fixed gap, so the grid widens as it grows. Trend and support and resistance logic influence where and in which direction the grid is built.
The vendor recommends EURUSD and a broker with a low spread. A timeframe is not specified in the description, so check the default inputs and test the timeframe you plan to use. Other symbols should be treated as untested until you have run your own tests.
Many inputs are available in the settings window. The vendor singles out the following ones.
| Input | What to know |
|---|---|
| Trading Mode | The vendor advises choosing UNLIMITED. |
| Step Point | Controls grid spacing. Optimise it first. |
| Trailing Point | Affects how profits are trailed. Optimise it first. |
| Lot sizing and limits | Check the available inputs and choose values suited to your balance. |
Exact defaults may differ between releases, so read the input descriptions in the terminal rather than relying on fixed numbers.
Grid and recovery methods can hold losing positions for a long time and may need substantial margin. The vendor suggests a deposit of around 1000 USD and leverage of 1:1000 or higher, but your own limits should come first. The vendor also notes that rare one-directional moves without retracement may require manual intervention.
Trading carries risk, and past results do not predict future ones. Test on a demo account first and only trade with money you can afford to lose.
Before using real funds, run it in the Strategy Tester and on a demo account with your own broker's spreads and execution.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (Experts folder) |
| Strategy focus | Trend, Grid, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor |
| Trade style | Grid, recovery, hedging, trend and support/resistance logic |
| Recommended symbol | EURUSD |
| Timeframes | Not fixed in the description; check and test before live use |
| Suggested deposit | Around 1000 USD or more, per the vendor's recommendation |
| Suggested leverage | 1:1000 or higher, per the vendor's recommendation |
| Broker type | Low spread account preferred |
No reviews yet. Customers who own Dragon Ultra can review it here.
No. This listing is for MetaTrader 5 only. The expert advisor needs an MT5 terminal and will not load in MT4.
The vendor recommends EURUSD. Other pairs may be possible, but you should test them on a demo account first and check spreads and swaps with your broker.
The vendor suggests a deposit of at least 1000 USD and leverage of 1:1000 or higher, together with a low spread broker. Grid and hedging systems can use a lot of margin, so check your own account conditions and risk tolerance.
The vendor advises setting Trading Mode to UNLIMITED and optimising Step Point and Trailing Point first. Other inputs should be reviewed in the settings window and tested before you use real funds.
It is automated, but grid systems can struggle when the market moves strongly in one direction with little retracement. The vendor notes these periods may need manual action, so monitor open trades regularly.
Copy the file into the Experts folder via File, Open Data Folder, MQL5, Experts in MT5. Restart the terminal or refresh the Navigator, then attach it to a chart and allow algorithmic trading.
Dragon Ultra
Notify me at launchQuestions about this tool?
Ask us on Telegram Install guide for MT4 and MT5 Get a custom version builtFree, practical help with testing, sizing and running expert advisors.
More MT5 tools with a similar focus.
Own Dragon Ultra? Sign in to review it.