ZigZagDragonHunter
- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Forward testing (Profit)
Monthly Statistics
- Jan
- Feb
- Mar
- Apr
- May
- Jun
- Jul
- Aug
- Sep
- Oct
- Nov
- Dec
Calendar for Months
About EA's Strategy
Translating...
ZigZag Dragon Hunter EA
Automatic trading system based on ZigZag dragon pattern
Product ID: 68456 | Version 1.0
Important: Confirm Operating Environment
This EA uses the standard ZigZag indicator in MT5. Please be sure to check the following:
-
How to confirm the ZigZag indicator:
MT5 Navigator window ⊲ Indicators ⊲ Examples ⊲ ZigZag
Ensure it exists. -
If the indicator cannot be found:
Update MT5 to the latest version
▁ Or download the free ZigZag indicator from the MQL5 Market -
Indicator path:
Exact path:Examples\\ZigZag
The case (uppercase/lowercase) must match exactly
Tip:If the ZigZag indicator is not installed correctly, the EA will not operate. Please verify beforehand.
Product Overview
ZigZag Dragon Hunter EA detectsthe standard MT5 ZigZag indicatorto identify
dragon patterns and determine high-probability entry points automatically.
Optimized for USDJPY 15-minute chartand recommends buying trades.
Recommended Currency Pair
USDJPY
Specifically optimized
Time Frame
M15
Designed exclusively for 15-minute chart
Recommended Trading
Prioritize buying
Selling can also be switched
What is the ZigZag Dragon Pattern
Mechanism of the Dragon Pattern
Analyzes the continuous pattern of peaks (highs) and valleys (lows) drawn by the standard ZigZag indicator in MT5,
detecting specific shapes that resemble a dragon ascending to the sky, thereby identifying high-probability trading opportunities.
Conditions for a Bullish Dragon Pattern
Analyzes the last 6 points (peaks and valleys) formed by ZigZag:
- The most recent valley is higher than the valley two points ago(uptrend)
- The most recent peak is higher than the peak two points ago(higher high)
- Current price exceeds the most recent valley(breakout)
Also supports Bearish Dragon Pattern
Can detect sell signals based on the opposite conditions of the buy pattern:
- The most recent peak is lower than the peak two points ago (downtrend)
- The most recent valley is lower than the valley two points ago (lower lows)
- Current price falls below the most recent peak (downward breakout)
In case of a large downward trend, switching to sell mode via parameters is possible
Why is buying recommended:
▀ In yen-based accounts, USDJPY buy positions earn positive swaps daily due to the interest rate differential between Japan and the US.
▁ Even if holding positions long-term, accumulated swaps improve profitability.
▂ Backtests show stable results with buy-only settings.
Timing for switching to sell:
If a large yen appreciation trend (risk-off market) is expected,
change settings to "isBuy=false" and "isSell=true" to switch to sell-only mode.
Note that sell positions incur negative swaps, so short-term trading is recommended.
Installation Procedure
Step 1: Confirm ZigZag Indicator
- Launch MT5 and open the Navigator window
- Ensure "Indicators" ⊲ "Examples" ⊲ "ZigZag" exists
- If not, update MT5 to the latest version
Step 2: Install EA
- Copy ZigZagDragonHunter_ver1.0.ex5 into the MQL5\Experts folder
- Restart MT5
- Open USDJPY M15 chart
- Drag and drop the EA from Navigator onto the chart
- Allow automated trading and click "OK"
Operation check:If ZigZag lines and buy/sell signal arrows appear on the chart, it is functioning correctly.
Main Features
Trailing Stop
Automatically starts trailing when profit exceeds 40 pips. Moves stop-loss 40 pips below current price to secure profits while aiming for maximum upward movement.
High-Precision Signals
Analyzes 8 turning points using the standard ZigZag indicator in MT5. Only enters trades when a dragon pattern forms, achieving high win rates.
Buy/Sell Switching
Can switch between buy-only, sell-only, or hedge modes according to market conditions. Flexible even during major trend reversals.
Clear Risk Management
Operates with a fixed lot size of 0.01, with explicit stop-loss of 60 pips and take-profit of 100 pips for safe operation.
Backtest Results
Gaitame Finest (2020.01.01–2025.07.31)
Initial margin: 30,000 yen | Leverage: 1:25 | History quality: 99%
Net profit
45,483 yen
+151.6%
Maximum drawdown
9%
7,242 yen
PF (Profit Factor)
1.62
Expected gain: 122.93
Win rate
66.49%
246 wins / 124 losses
Number of trades
370
All buy trades
Recovery factor
6.28
Excellent recovery ability
Sharpe ratio
3.53
Excellent efficiency
Maximum consecutive wins
11
5,261 yen
Features:Achieved 151.6% profit over 5 years and 7 months with a maximum drawdown of only 9%. The Sharpe ratio of 3.53 indicates excellent efficiency and stability.
XMTrading (2018.07.01–2025.07.31)
Initial margin: 30,000 yen | Leverage: 1:25 | History quality: 99%
Net profit
26,568 yen
+88.6%
Maximum drawdown
27%
8,583 yen
PF (Profit Factor)
1.24
Expected gain: 54.11
Win rate
61.91%
304 wins / 187 losses
Number of trades
491
All buy trades
Recovery factor
3.10
Good recovery ability
Sharpe ratio
1.16
Stable operation
Maximum consecutive wins
11
4,220 yen
Features:Achieved 88.6% profit over 7 years of long-term testing. Despite experiencing a maximum drawdown of 26%, recovery was steady with a recovery factor of 3.10, ensuring stable returns.
Proven Features
Start with Small Capital
Can start with as little as 30,000 yen. Achieved 2.5 times growth over 5 years, with an annualized return of about 20% for stable income.
Low Drawdown Operation
Remarkable stability with a maximum drawdown of only 9% in Gaitame Finest. Allows for stress-free operation.
Utilizing Swap Points
Holding USDJPY buy positions earns positive swaps daily, generating dual income from exchange rate gains and swaps.
High Win Rate
Achieves a high win rate of 66.49%. Carefully selected entries based on dragon patterns contribute to this success.
Recommended Settings and Money Management
Recommended Operating Funds
Minimum Recommended Capital
30,000 yen
Lot size: 0.01
Standard Recommended Capital
100,000 yen
Lot size: 0.03
Flexible Capital
300,000 yen or more
Lot size: 0.1
Recommended Parameter Settings
- LotSize:0.01 (per 30,000 yen capital)
- Stoploss:60 (60 pips)
- Takeprofit:100 (100 pips)
- isBuy:true (enable buying)
- isSell:
- UseTrailing:true (enable trailing stop)
- WhenToTrail:40 (start trailing at 40 pips)
- TrailFromCurrent:40 (set SL 40 pips below current price)
Adjust Settings According to Market Conditions
During Yen Appreciation Trends:Switch to sell-only mode by setting "isBuy=false" and "isSell=true"
During Range Markets:Hedging mode ("HedgeMode=true") is possible (not recommended)
Normal Conditions:Operate in buy-only mode to utilize swap points for stable trading
Precautions for Use
MT5 standard ZigZag indicator (Examples\ZigZag) is required.Please confirm this beforehand.
This EA is developed based on past performance and does not guarantee future profits.
Optimized for USDJPY 15-minute chart. Operation on other currency pairs or timeframes is not guaranteed.
Thorough testing on a demo account is essential before live trading.
Maximum drawdown is based on historical data and may be exceeded in the future.
Selling is possible but incurs negative swaps; short-term trading is recommended.
Invest at your own risk. Use with surplus funds is recommended.
Achieve Stable Income with Dragon Pattern
Utilize the accuracy of the standard MT5 ZigZag indicator and the advantage of swap points
A reliable automated trading system that can start with small capital
Start now ⢴ Minimum capital of 30,000 yen
Product ID: 68456 | Version: 1.0
2025 ZigZag Dragon Hunter EA. All rights reserved.
Price: $123.57 (taxed)
￥19,800(taxed)
●Payment
Sales from : 09/15/2025 21:30
Price: $123.57 (taxed)
￥19,800(taxed)
●Payment
Just like discretionary trading, there are those that decide trading and settlement timings by combining indicators, those that repeatedly buy or sell at certain price (pips) intervals, and trading methods that utilize market anomalies or temporal features. The variety is as rich as the methods in discretionary trading.
To categorize simply,
・Scalping (Type where trades are completed within a few minutes to a few hours),
・Day Trading (Type where trades are completed within several hours to about a day),
・Swing Trading (Type where trades are conducted over a relatively long period of about 1 day to 1 week)
・Grid/Martingale Trading (Holding multiple positions at equal or unequal intervals and settling all once a profit is made. Those that gradually increase the lot number are called Martingale.)
・Anomaly EA (Mid-price trading, early morning scalping)
However, a substantial advantage of automated trading is its ability to limit and predict risks beforehand.
[Risk]
Inherent to forex trading are the trading risks that undeniably exist in automated trading as well.
・Lot Size Risk
Increasing the lot size forcibly due to a high winning rate can, in rare instances, depending on the EA, lead to substantial Pips loss when a loss occurs. It is crucial to verify the SL Pips and the number of positions held before operating with an appropriate lot.
・Rapid Market Fluctuation Risk
There are instances where market prices fluctuate rapidly due to index announcements or unforeseen news. System trading does not account for such unpredictable market movements, rendering it incapable of making decisions on whether to settle in advance or abstain from trading. As a countermeasure, utilizing tools that halt the EA based on indicator announcements or the VIX (fear index) is also possible.
[Benefits]
・Operates 24 hours a day
If there is an opportunity, system trading will execute trades on your behalf consistently. It proves to be an extremely convenient tool for those unable to allocate time to trading.
・Trades dispassionately without being swayed by emotions
There is an absence of self-serving rule modifications, a common human tendency, such as increasing the lot size after consecutive losses in discretionary trading or, conversely, hastily securing profits with minimal gains.
・Accessible for beginners
To engage in Forex trading, there is no prerequisite to study; anyone using system trading will achieve the same results.
[Disadvantages]
・Cannot increase trading frequency at will
Since system trading operates based on pre-programmed conditions, depending on the type of EA, it might only execute trades a few times a month.
・Suitability may vary with market conditions
Depending on the trading type of the EA, there are periods more suited to trend trading and periods more suited to contrarian trading, making consistent results across all periods unlikely. While the previous year might have yielded good results, this year's performance might not be as promising, necessitating some level of discretion in determining whether it is an opportune time to operate.
・MT4 (MetaTrader 4. An account needs to be opened with a Forex company that offers MT4.)
・EA (A program for automated trading)
・The operating deposit required to run the EA
・A PC that can run 24 hours or a VPS (Virtual Private Server), where a virtual PC is hosted on a cloud server to run MT4.
Additionally, there are both demo and real accounts available. You can experience trading with virtual money by applying for a demo account. After opening a real account, you select the connection server assigned by the Forex broker, enter the password, and log in to the account.
When you deposit money into your account using the method specified by the forex broker, the funds will be reflected in your MT4 account, and you can trade.
Firstly, download the purchased EA file from your My Page on GogoJungle. You will download a zip (compressed) file, so right-click to extract it and retrieve the file named ‘◯◯◯ (EA name)_A19GAw09 (any 8 alphanumeric characters).ex4’ from inside.
Next, launch MT4 and navigate to ‘File’ → ‘Open Data Folder’ → ‘MQL4’ → ‘Experts’ folder, and place the ex4 file inside. Once done, close MT4 and restart it. Then, go to the upper menu ‘Tools’ → ‘Options’, and under ‘Expert Advisors’, ensure ‘Allow automated trading’ and ‘Allow DLL imports’ are checked, then press OK to close.
The necessary currency pair and time frame for the correct operation of the EA are specified on the EA sales page. Refer to this information and open the chart of the correct currency pair time frame (e.g., USDJPY5M for a USD/Yen 5-minute chart).
Within the menu navigator, under ‘Expert Advisors’, you will find the EA file name you placed earlier. Click to select it, then drag & drop it directly onto the chart to load the EA. Alternatively, you can double-click the EA name to load it onto the selected chart.
If ‘Authentication Success’ appears in the upper left of the chart, the authentication has been successful. To operate the EA, you need to keep your PC running 24 hours. Therefore, either disable the automatic sleep function or host MT4 on a VPS and operate the EA.
If you want to use it with an account other than the authenticated one, you need to reset the registered account.
To reset the account, close the MT4 where the Web authentication is registered, then go to My Page on GogoJungle > Use > Digital Contents > the relevant EA > press the ‘Reset’ button for the registration number, and the registered account will be released.
When the account is in a reset state, using the EA with another MT4 account will register a new account.
Also, you can reset the account an unlimited number of times.
→ Items to Check When EA is Not Operating
1 lot = 100,000 currency units
0.1 lot = 10,000 currency units
0.01 lot = 1,000 currency units
For USD/JPY, 1 lot would mean holding 100,000 dollars.
The margin required to hold lots is determined by the leverage set by the Forex broker.
If the leverage is 25 times, the margin required to hold 10,000 currency units of USD/JPY would be:
10000*109 (※ at a rate of 109 yen per dollar) ÷ 25 = 43,600 yen.
・Risk-Return Ratio: Total Profit and Loss during the period ÷ Maximum Drawdown
・Maximum Drawdown: The largest unrealized loss during the operation period
・Maximum Position Number: This is the maximum number of positions that the EA can theoretically hold at the same time
・TP (Take Profit): The set profit-taking Pips (or specified amount, etc.) in the EA's settings
・SL (Stop Loss): The set maximum loss pips (or specified amount, etc.) in the EA's settings
・Trailing Stop: Instead of settling at a specified Pips, once a certain profit is made, the settlement SL is raised at a certain interval (towards the profit), maximizing the profit. It is a method of settlement.
・Risk-Reward Ratio (Payoff Ratio): Average Profit ÷ Average Loss
・Hedging: Holding both buy and sell positions simultaneously (Some FX companies also have types where hedging is not allowed)
・MT4 Beginner's Guide
・Understanding System Trading Performance (Forward and Backtesting)
・Choosing Your First EA! Calculating Recommended Margin for EAs
・Comparing MT4 Accounts Based on Spread, Swap, and Execution Speed
・What is Web Authentication?
・Checklist for When Your EA Isn't Working