Dagon Slayer EA V1.1 MT4 – Free GBPJPY H1 Expert Advisor

Introduction

Some Expert Advisors scalp tiny pips, some gamble with martingale. But if you’re looking for an EA built for big moves and sustainable growth, then the Dagon Slayer EA V1.1 MT4 is the weapon you need in your trading arsenal.

It’s named “Dagon Slayer” because it was built to attack volatile pairs like GBP/JPY — the beast of forex. Known for its wild swings, GBP/JPY offers huge opportunities, and this EA is optimized to take advantage of that volatility on the H1 timeframe.

While GBP/JPY is the best performer, the bot also trades EUR/USD and USD/JPY with solid results. For margin safety and optimal performance, YoForex recommends at least $1,500 minimum deposit, though $2,500+ is ideal.

And yes, it’s available 100% free on MQL5.software.

Overview

The Dagon Slayer EA V1.1 MT4 is a swing and intraday trading Expert Advisor built for high-volatility pairs.

  • Best Performer: GBP/JPY.
  • Also Works On: EUR/USD, USD/JPY.
  • Timeframe: H1 (optimized).
  • Minimum Deposit: $1,500 (Recommended $2,500+).
  • Style: Trend-following entries with risk-managed exits.

This EA is perfect for traders who:

  • Want to harness GBP/JPY volatility safely.
  • Need an EA that trades fewer but higher-quality setups.
  • Trade with larger accounts or prop firm challenges.

Key Features

• GBP/JPY Optimized – The “beast pair” is where it shines.
• Multi-Pair Support – Also handles EUR/USD and USD/JPY.
• H1 Timeframe Logic – Fewer false signals, stronger trends.
• Minimum Deposit $1,500 – Safe margin (2,500+ recommended).
• Swing & Intraday Trades – Holds trades for hours to days.
• Risk Management – Configurable SL, TP, trailing stop.
• No Martingale/Grid – Uses fixed risk per trade.
• Prop Firm Friendly – Passes strict DD rules.
• Customizable Settings – Lot size, SL/TP, risk % adjustable.
• Robust Strategy – Based on professional long-standing methods.
• Free Updates – Continuous improvements by YoForex.
• Full Support – WhatsApp + Telegram help channels.

How It Works

The EA is designed for trend-following with volatility confirmation.

  1. Trend Analysis – Confirms direction using moving averages & price action.
  2. Volatility Check – Avoids low-volume periods and sideways noise.
  3. Trade Execution – Places buy/sell trades when both align.
  4. Exit Strategy – Uses fixed TP, dynamic SL, and trailing stop for maximum gains.

Example Trade:

  • On GBP/JPY H1, EA identifies bullish trend + volatility spike.
  • Opens buy with SL ~40–60 pips, TP ~100–150 pips.
  • If trend extends further, trailing stop secures additional profits.

Backtest & Results

GBP/JPY (H1 timeframe, 3 years):

  • Win Rate: ~69%
  • Profit Factor: 1.92
  • Max Drawdown: 10%
  • Avg Monthly Gain: 10–15%

EUR/USD (H1 timeframe, 2 years):

  • Win Rate: 67%
  • Profit Factor: 1.8
  • Drawdown: 8%

USD/JPY (H1 timeframe, 2 years):

  • Win Rate: 66%
  • Profit Factor: 1.76
  • Drawdown: 9%

Observations:

  • Performs strongest on GBP/JPY volatility.
  • Works across multiple pairs for diversification.
  • Suited for accounts with stronger equity base.

Installation & Setup

  1. Download EA from MQL5.software.
  2. Copy into MQL4 → Experts.
  3. Restart MT4.
  4. Attach EA to GBPJPY, EURUSD, or USDJPY H1 chart.
  5. Enable AutoTrading.
  6. Adjust risk settings, lot size, and SL/TP preferences.

Recommended Settings:

  • Pair: GBPJPY (primary).
  • Timeframe: H1.
  • Min Balance: $1,500 (safer $2,500+).
  • Broker: ECN with tight spreads.
  • VPS: Recommended for stability.

Why Choose YoForex Tools?

YoForex specializes in professional-grade free EAs. The Dagon Slayer EA V1.1 MT4 is built for serious traders who want to handle high-volatility pairs with confidence.

Why it stands out:

  • Strong performance on GBPJPY.
  • Multi-pair flexibility.
  • Lifetime free access.

Other YoForex bots worth checking:

Support 

Need help setting up? Contact YoForex:

Call to Action

If you want a trading robot built to slay volatility, the Dagon Slayer EA V1.1 MT4 is it. Best on GBPJPY H1, but also works with EURUSD & USDJPY.

Download your free copy today at MQL5.software and let the Dagon Slayer hunt profits for you.

YoForex – empowering traders worldwide, one free tool at a time.

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Happy Trading