Dragon Gold EA — XAU/USD Scalper with 2.7% Max Drawdown on Live Account

Dragon Gold EA is a MetaTrader 4 expert advisor built exclusively for XAU/USD, using a short-term scalping mechanism with a tight 200-point take profit and a wide 4000-point stop loss as a circuit breaker.

Live Signal 2 shows 133% ROI from a $500 account with 2.7% maximum drawdown — both signals running on RoboMarkets at 1:500 leverage with 100% algorithmic execution.

Developed by Barat Ali Rezai.

Key Benefits

• ✅ Drawdown Control: Peak drawdown of 2.7% on Signal 2 — the asymmetric SL/TP ratio (4000 vs 200 points) means a single adverse move can wipe multiple winning trades if the circuit-breaker fires.
• ✅ Strategy: Exploits short-duration XAU/USD momentum bursts using EMA-based directional filters — performance degrades when gold enters low-volatility, range-bound sessions with no directional follow-through.
• ✅ News Awareness: Built-in news filter pauses trading around high-impact events (15 min before, 60 min after for red news) — filter is disabled by default and must be manually enabled before first deployment. Compare EA strategies
• ✅ Lot Scaling: AutoLot increases position size every $500 of balance growth — controlled compounding, but lot size grows with equity so drawdown dollar-value scales proportionally.

Dragon Gold EA Performance

Both live signals are verified on RoboMarkets-Pro at 1:500 leverage — full trade history available on MyFxBook.

Signal 1: 57% ROI on $500 initial deposit, 4.3% maximum drawdown, 5.2% max deposit load, 100% profit trades across 5 weeks of live trading.

Signal 2: 133% ROI on $500 initial deposit, 2.7% maximum drawdown, 1.2% max deposit load, 100% profit trades — account active, no withdrawals recorded.

The EA’s stop loss sits at 4000 points versus a 200-point take profit — a 20:1 SL/TP ratio by design. The winning-trade ratio stays at 100% across both signals over 5 weeks, which means this ratio has not been tested under a sustained adverse XAU/USD trend where the stop loss would fire. That trigger — a directional gold move that exceeds the 4000-point threshold before the 200-point TP is reached — is the structural risk. It is not controllable by settings; it is inherent to the asymmetric exit design and must be sized for, not eliminated.

MaxFarWithOpenPositions is set to 5, capping simultaneous open positions. Combined with the 1.2%–5.2% max deposit load observed on both signals, margin exposure appears managed — but 5 weeks of live data does not cover a full volatility cycle in XAU/USD.

Both signals are live verified on real accounts — the 5-week tracking window has not yet captured a full XAU/USD drawdown cycle or a stop-loss trigger event.

How Dragon Gold EA Works

Mechanism: Dragon Gold EA trades XAU/USD exclusively, targeting short-duration price momentum on MT4. Entry logic uses two EMAs (DSMA 5 / DBMA 15) to confirm directional bias before opening long or short positions. The strategy captures rapid displacement moves in gold — the type of intraday directional surge gold produces around session opens and macro data releases. Both long and short trades are enabled by default.

Signal Trigger: EMA crossover between the 5-period and 15-period moving averages confirms direction. ExcessivePoints distance (1300 points) acts as a secondary filter — the EA avoids entries when price has already moved too far from a reference level, reducing late-entry risk.

Position Close: Take Profit fixed at 200 points. Stop Loss set at 4000 points as a hard circuit breaker. No trailing stop documented in available parameters.

Exposure Limits: MaxFarWithOpenPositions caps simultaneous open trades at 5. AutoLot increases lot size for every $500 of account balance growth. Gap filter pauses new entries for 10 candles after a price gap exceeding 100 points.

✅ Optimal conditions: Active XAU/USD sessions with directional momentum — London open, New York open, and high-impact USD news release follow-through.

⚠️ Avoid when: Gold is consolidating in a tight range with no EMA separation. The news filter is disabled by default — enable it before trading CPI, NFP, or FOMC events to prevent entries during extreme spread spikes.

This EA requires MT4. Need MT5 platform support? Browse MT5 EAs

Recommended Settings

Who Should Use Dragon Gold EA

Purchase this EA if you:

• ✅ Trade XAU/USD on MT4 with a minimum $500 account at 1:500 leverage
• ✅ Run a VPS continuously — this is a scalper; missed entries during downtime directly reduce performance
• ✅ Understand the asymmetric SL/TP structure (4000-point SL vs 200-point TP) and have sized your position accordingly for the event that stop fires
• ✅ Will enable the news filter manually before your first live session — it ships disabled

Performance verified with: Real money accounts on RoboMarkets-Pro, ECN execution, 1:500 leverage, XAU/USD, MT4 platform — 5-week live tracking period.

Product Download Package Includes

• ✅ Experts:
  • Dragon Gold EA 2.0 (.ex4)
• ✅ Setfiles:
  • XAUUSD M15 ep3 digits
  • XAUUSD M15 n3 digits
  • XAUUSD M15 ep2 digits
  • XAUUSD M15 n2 digits

The download link will be sent to your email immediately after purchase, along with a video tutorial on how to install it.

Frequently Asked Questions