Flexy The Dragon v2.7 MT4 Source Code

Flexy The Dragon v2.7 MT4 Source Code is an advanced automated trading system designed with adaptive recovery logic and flexible risk control. The EA provides users with essential inputs to manage exposure while allowing the internal algorithm to handle trade execution intelligently.

1. Trade Identification

• Magic Number
  A unique identifier that allows the EA to manage only its own trades, ensuring no conflict with other Expert Advisors or manual trading activity.

2. Lot & Risk Management

• Fixed Lot Size
  Allows manual control over trade volume for conservative usage.
• Auto / Dynamic Lot Logic
  Automatically adjusts lot size based on predefined risk behavior.
• Risk Control System
  Prevents uncontrolled lot escalation during unfavorable market conditions.

This structure helps maintain balance between growth and protection.

3. Trade Recovery & Management

• Recovery Logic Enabled
  Activates controlled recovery trades when the market moves against the initial position.
• Trade Spacing Control
  Defines distance between recovery orders to avoid over-trading.
• Maximum Trade Limit
  Caps the number of open trades in a cycle.

These inputs help control drawdown while allowing recovery during price retracements.

4. Profit & Exit Management

• Take Profit Settings
  Closes trades or baskets once predefined profit targets are reached.
• Stop Loss Protection
  Prevents excessive account exposure during strong market trends.

5. Execution Filters

• Spread Filter
  Avoids opening trades during high-spread conditions.
• Slippage Control
  Ensures accurate execution during fast price movements.

6. Time & Session Filters

• Trading Hours Control
  Restricts trading to selected market sessions.
• Optional Day Filters
  Avoids unstable or low-liquidity periods.

Strategy Overview (How Flexy The Dragon v2.7 Trades)

Flexy The Dragon v2.7 uses a flexible recovery-based trading strategy:

• Opens an initial trade based on market conditions
• Applies controlled recovery trades when price moves against the position
• Uses predefined spacing and lot rules to avoid aggressive martingale behavior
• Closes the full trade cycle once net profit targets are achieved
• Designed to benefit from market retracements rather than trend chasing

The strategy focuses on balance, adaptability, and capital protection.

Performance & Trading Behavior

Flexy The Dragon v2.7 is designed for steady, long-term automated trading rather than aggressive short-term gains.

Performance Characteristics

• Smooth equity behavior under normal market conditions
• Medium trade frequency
• Basket-based profit closure
• Optimized for ranging and corrective markets

Risk Profile

• Controlled recovery system (not aggressive martingale)
• Defined trade and exposure limits
• Best used with proper account balance
• Conservative settings recommended for stability

Recommended Usage

• Pairs: Major Forex pairs
• Timeframes: M15 – H1
• Account Type: ECN / Low-spread
• Leverage: 1:100 or higher
• Minimum Balance: Medium (recommended for recovery systems)

Conclusion

Flexy The Dragon v2.7 is a flexible, recovery-based automated trading EA built for traders who seek adaptability, controlled risk, and long-term stability. With structured trade management and protective filters, it offers reliable automation when used responsibly.