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Dragons
Trend Following & Scalping System
- Timeframe
- M5 – H1
- Targets
- TP1–TP3
- Method
- Trend following
How it works
The DRAGONS indicator is an advanced trading tool that relies on the principle of trend following using a set of moving averages designed to capture moments of price strength with high precision. The indicator aims to provide clear and applicable trading signals across various timeframes, with special focus on achieving the best scalping opportunities on 5-minute to 30-minute frames, in addition to providing strong swing trades when used on the hourly timeframe.
The indicator displays Long and Short signals according to the adopted trend structure, providing three price targets for each trade to facilitate position management and improve the risk-to-reward ratio. The indicator also includes a "Protection Wave" that acts as an additional directional filter; if this wave is in the same direction as the signal, it strengthens the trade and supports its probability of success.
DRAGONS also features a dynamic panel displaying a list of pairs or currencies that have shown an entry signal at the current time, making it easier for the trader to monitor the market and make quick decisions without needing to switch between charts.
The indicator is characterized by combining reading simplicity with algorithm power, making it suitable for traders looking for a professional tool that gives them a clearer view of the trend and precise entry opportunities in the market.
Key Features
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Scalp & Swing
5min to 1H versatility
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3 TP Levels
Optimized targets per trade
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Protection Wave
Additional trend filter
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Dynamic Panel
Real-time signal alerts