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Favorites: 13   Views: 1133   Reviews: 5  

SWING STRATEGY

Means that the strategy of this bot is to operate during the lateral phases of the market following the swings in the price range. Just as if a dragon is trying to “eat” the price pattern by swinging with its body and long tail. This is why we decided to call it the “dragon swing bot” and it was one of our first historical trading systems and this also inspired our name and our slogan.

LOW RISK – HIGH REWARD

This system has a very low maximum DrawDown compared to its positive performance. This also makes it good for traders who have small initial capital, it is not a coincidence that we began to invest in automatic trading with this system exactly because we too had little capital. As you will have understood: yes, we are fond of this system. (Find more info about this in the description of the figure below).

 

ACTIVE CAPITAL MANAGMENT SETTINGS

NO MARTINGALA, NO CUMULATE ORDER, NO PARTIAL CLOSURES AND NO DANGEROUS OVERFITTING

NO PLACE ORDERS BEFORE 2:30, NO PLACE ORDERS AFTER 22.30 (GMT+1)

 

 

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swingtrade 1

 

“DRAGON SWING PATTERN” : this system has been programmed and optimized to identify this type of pattern and trade on it. To do this, it uses timely signals from the indicators and then starts trading in the price range with extreme precision as if a dragon were following him to eat it all. This type of pattern with “lateral swings”  of the price (we like to call them “dragon swings”) forms itself almost every day in the markets especially on EUR/USD cross but it can become difficult for the human eye to identify, predict and trade in it. This is why our system exists and definitively solves the problem!


Runup vs drowdown

RUN-UP vs DD LOW RISK PROFILE : As you can see in the figure, this bot has really small drawdowns compared to increases.  Maximum DD 324€ in during 4 years of testing with size 0.01 (1€ per point) means that this is a very good strategy. Ratio between MAX RUN-UP and MAX DD is 5,74 that is very good. It’s difficult find around the world true trading systems functional and not brutally overfitted with similar stat.

updashOverview

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Quarterly performances

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TOTAL PERFORMANCES: Initial cap. 1000€, size 0.02 (2 in EUR/USD mini) AT LEAST 90% GAIN PER YEAR!

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Operativity

euquity lineEquity line

 

 

Additional info:

This system was devised and created in December 2020,constantly re-tested and optimized until May 2022 when it was launched live. It is very solid and strong even in the “out of sample” and “walk forward” stress tests we did, as you can see it holds up in all market conditions (calm, panic, pandemic, war, inflation, high and low volatility etc). it is also suitable for those with small capital. The exit level of the trades change for each open position (maximum SL however remains fixed at 130 just for extreme cases) so it hasn’t set a Take Profit because the system is able to identify by itself when it is the right price and time to close the trade so we recommend  you to not change these settings if you don’t know what you are doing, don’t worry, the bot is already designed and set to work as well as possible. If you need advice on proper Money Management that suits your needs, contact us, we are always available to help. Results are shown for an hypothetical initial capital €1000 with contract size 0,02 at €2 per point (contract size 1 on the “EURUSD mini”).  After purchasing the license for the Dragon Swing Bot you will always be assisted and we are always available for requests, info or assistance.

 

27/04/2023 UPDATES

The system is doing great. Since we published it on this marketplace on July  2022 you can see that we have totaled more than $700 of real live earnings using only 2 contracts per position, the max drawdown was around $300 between October and November but it was promptly recovered within a few months and the equity remained positive, a good result in line with expectations.

You will notice that we had to stop it and update it in a new version of the ITF file of the code because unfortunately during January, for us and other customers who used our same broker, didn’t place orders well because the code ran into some cyclical bugs and perhaps it was too heavy, the code in the new version was promptly resolved and lightened and now it works without problems. Unfortunately, during the weeks of downtime, looking at the backtest, the system would have earned about another $100, so imagine…

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In fact, in the new version the code has only been lightened and shortened by improving the memory and fluidity but nothing has been changed in the basic algorithmic process, the execution is always the same so we can say that the strategy is certainly good and should not be changed.

Results first version  before updatedsw lugl gen Copia

 

Results second version after update

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Monte Carlo simulation

Below we ran a “Monte Carlo” simulation of the system. For the uninitiated, the Monte Carlo is one of the most used and effective stress-tests to verify the validity of an automatic trading strategy, you can find a lot of information about it on the web and also around this ProRealCode forum.

The final results that you find in the yellow table show that the average drawdown is largely containable (average of 35% on $1000  initial equity), the ratio between earnings and drawdown “Return/DD” and the probability “Prob>0” of doing profits in one year are highly positive therefore the effectiveness of the strategy is confirmed.

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5 reviews for DRAGON SWING BOT – AUTOTRADING SYSTEM EUR/USD 20M – 🏅TOP RATED 🏅

  1. Eduardo Tolsa (verified owner)

    It works finding dragon patterns

  2. j.sheldrick (verified owner)

    Great vendor, good communication helped me set up, I can confirm bot is up and running so far seems to work, in profit 1 day in. Will carry on subscription if it can pay for itself.

  3. didiosousa84 (verified owner)

    Excellent System….with great support from the vendor! Highly recommended!

  4. Lorenzo Capasso (verified owner)

    Finally a good system with decent price

  5. yoocesar (verified owner)

    Purchased a couple of weeks ago with very good results !!

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