Flying Dragon Expert Advisor is good for conservative trading on 4-hour timeframes (H4). It does not trade actively!

The trading robot waits for relevant trading moments when perfect market conditions are present.

Flying Dragon works on the trend market by analyzing powerful pulses through unique indicators and candlestick analysis. It protects a deposit on the flat market, in which it simply does not trade. The principle of market analysis of the flat market was designed by professional traders with 10 years of trading experience in currency markets, and this principle is implemented in the EA code.

Expert Advisor's risk management is built so that the profitable trades are 5-10 times higher than the risk of losing trades without compromising Expert Advisor's work. We did not use Martingale risk-management and orders grids. only one position can be opened at one currency pair at a time. This allows using the Expert Advisor on several recommended currency pairs simultaneously. Recommended currency pairs: EUR/JPY, GBP/USD, NZD/USD, USD/JPY. These are good trend low-risk currency pairs with low spreads. Optionally, you can try using the currency pair with higher volatility and spread. This may increase earnings, as well as risks.

Recommended parameters are specified for 5-digit quotes, although an Expert Advisor may be used for 4-digit quotes. It works both on Market Execution and Instant Execution quoting principles.

Input parameters

Main parameters:

• MovingPeriod - MA period, which determines trend on the market and the entry price.
• MovingShift - minimum interval of signals to open market transactions.
• shift_my - the number of bars for placing pending orders.
• dovz - the maximum value of the bar that broke MA and gave the market entry signal.

Applied risk management:

• Takeprofit - order for taking profit.
• Stoploss - order for stopping losses.
• Risk - risk per trade, in percentage value.
• Xit - number of decimal signs in the lot.

Options for admissions at work:

• zazor - admission to the pending orders regarding market prices.
• sk - slippage at position opening.
• Magic - identifier of the orders when the Expert Advisor is used on several currency pairs simultaneously.

Recommended Parameters

Parameter/Trading Instrument	EUR/JPY	GBP/USD	NZD/USD	USD/JPY
A="Main parameters"
MovingPeriod	49	56	56	39
MovingShift	5	23	8	20
shift_my	20	5	9	8
dovz	1600	800	950	1950
B="Expert Advisor's risk management"
Takeprofit	3900	1200	3650	3000
Stoploss	350	400	700	700
Risk	2	2	2	2
Xit	2	2	2	2
С="Options for admissions at work"
zazor	50	50	50	50
sk	30	30	30	30
Magic	111111	222222	333333	444444