DragonScalpingProV2 is an automated scalping robot (cBot) designed for the cTrader platform, targeting short-term market movements primarily in Forex pairs such as EURUSD, GBPUSD, and USDJPY. It uses a combination of price momentum analysis, RSI filtering on the H1 timeframe, and an aggressive volume management system integrating Martingale and Grid strategies.
Key functionalities include:
- Trade entries triggered by comparing the last two candle closes and RSI levels to avoid overbought/oversold conditions.
- Dynamic lot sizing (AutoLot) that adjusts trade volume based on account balance changes.
- Position size multiplication when trades move against the market, using configurable pip steps and lot exponent multipliers.
- Equity risk protection that automatically closes all positions if floating losses exceed a preset percentage of account equity.
- Spread filtering to avoid trading during high volatility or low liquidity periods.
Configurable input parameters allow customization of initial lot size, take profit in pips, maximum spread, equity risk limits, and trade labeling. The bot continuously monitors market conditions and equity to manage trades and risk dynamically. A demo version is available for testing on a demo account.
Backtested from January 2025 to June 2026, it aims for an annual profit around 400%, with a reported return on investment of 38%.