Question 1

What type of strategy does Dragon Scalper Pro MT4 use?

Accepted Answer

It is a multi-indicator trend-following system that combines WPR, ATR, and Moving Averages to identify trend direction and generate signals, with FIFO Mode and strict time filtering.

Question 2

Is it safe to use?

Accepted Answer

It depends on settings. The default Risk 20.0% is very aggressive. The Stop Loss (150000) is extremely wide, which increases risk. We recommend reducing risk to 5–10% and tightening the Stop Loss for safer trading.

Question 3

What is the risk level?

Accepted Answer

Medium to High — due to the default 20% risk and very wide Stop Loss. The single order limit and FIFO Mode provide some control.

Question 4

Is the Stop Loss too wide?

Accepted Answer

Yes. Stop Loss = 150000 is practically unlimited. We strongly recommend tightening it (e.g., 200–500 pips) for better risk management.

Question 5

Can I disable FIFO Mode?

Accepted Answer

Yes. Set Fifo Mode to false if your broker does not require FIFO compliance.

Question 6

Is it suitable for beginners?

Accepted Answer

It can be used by intermediate traders. Beginners should reduce risk to 5% or lower and test thoroughly on a demo account first.

Dragon Scalper Pro MT4Premium

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