Dragon Fire Trend Trading System is based upon PLT indicator. It is filtered using I-gentor LSMA in order to identify a trend and determine the best trade setups. Dragon Fire's template is simple so as not to clutter your chart or cause confusion. Try Dragon Fire trend trading software for free.
How to trade with Dragon Fire trend system
Dragon fire MT4 should be used in a time frame of M30 or higher. You can test the system on any Forex G10 currency pair, as well as Gold and Crude Oil.
You can use the PLT indicator (period 3 and 7) in multiple timeframes. For example, if you trade in the M30 timeframe, the PLT indicator can be calculated starting at H1.
Conditions to Purchase: To long an instrument, the indicator PLT will show a Green Dot signal. You'll need I-Gentor LSMA & EMA to confirm.
Conditions to sell: To shorten an instrument, the indicator PLT will display a Red Dot signal. You'll need I-Gentor LSMA & EMA red and yellow lines to confirm.
Conditions to Close Position: The opposite Dot signal should be displayed when closing a position. An alternative is to close an order with a predetermined Take Profit of 1:1-1.5 Stop Loss Ratio. Stop loss should be placed above/below the red line of PLT indicator plus spread.
Want to trade Forex using Dragon Fire Trend trading system with a reliable broker? Open an account with any of the below AtoZ Markets approved forex brokers:
Download Dragon Fire trend trading system
You can download Forex Dragon Fire trend trading system for free by clicking the “Download” button located at the bottom of the screen.
Create your own custom EA or indicator
If you would like to create your own custom indicator or an EA, please contact AtoZ team saying “I want to create my own EA/indicator,” and describing your desired tool. Also, don’t miss out on various other indicators and EAs you can find in our database here.
How do you install an indicator on MT4?
In order to install this indicator on your MT4, you need to:
1. Click on the “Download” button above to download Dragon Fire system;
2. Save the file to your computer;
3. Extract and move the files into;
4. Restart your Metatrader platform;
5. Click the “Templates” button in Metatrader toolbar;
6. Select “Dragon Fire” and apply to your chart;
Note: Dragon Fire trend system was developed by Natana and sent by an AtoZ Markets follower from Ukraine Daniel. AtoZ Markets does not carry any copyrights over this trading tool.
Should you trade using Dragon Fire Trend trading system on your own at all?
Before you start trading with this system, you'll want to read this.
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His trading strategies which are based on non-linear dynamic models have achieved more than 65 000 pips of profits since 2015. And right now there are some very strong buy and sell signals across several markets you don't want to miss.
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