***Dragon II*** (***Dragon II***) | Foreign exchange EA download- MT4/MT5 resources

greeting

I salute the countless traders from around the world who generously share their knowledge, skills, and struggles in these forums.

Thanks to the Forex Forum, it's a great place to learn, exchange ideas and make progress on the road to successful trading.

1. The original DRAGON thread trading system has evolved significantly to ensure a complete independent thread.

2. This way those who may be trying to absorb the technology presented in the original Dragon thread may not be overwhelmed or confused by the transition to DRAGON II.

3. The original DRAGON thread is an effective trading system. DRAGON II is a refined, concentrated version.

Note: It will be helpful for newcomers to learn the original dragon line. There are many good ideas and techniques proposed there.
http://www.forexfactory.com/showthread.php?t=217245
Although it is not required in order to benefit from DRAGON II .

Everything said here has passed.

http://t1.gstatic.com/images?q=tbn:Q...rum-Roll_1.jpg

drum

We look for two basic kinds of intersections.
We use two time frames. I like to use 5 minutes and 1 minute. But this system is good for any two in a row.

The landscape shows support and resistance levels, pivot points, and the 200 EMA.

On higher time frames we look for zero osma crossovers. (This is a MACD crossover). Wait until the first bar closes. Then consider finding the entrance.

We look for actual entries on the lower timeframes. Look for the 5-period EMA opening price/5-period EMA closing price crossover (Transition 2). After the close of the bar in the direction of the osma on the higher time frame, enter on the corresponding side of the MA cross.

We will keep in mind other factors such as proximity to support and resistance levels, the 200 EMA.

Screenshots will help illustrate this.