Introduction

Tired of blowing up accounts because of risky EAs that promise the moon but drain your balance overnight? Yeah, we’ve all been there. That’s exactly where Dragons Risk Shield EA V1.0 MT4 comes in—a risk-first automated trading system built to protect your capital before chasing profits. Developed by YoForex, this EA is designed for traders who value safety, precision, and control.

Instead of random entries or high-risk grid stacking, Dragons Risk Shield EA focuses on controlled exposure, strict drawdown limits, and adaptive position sizing. It’s not about flashy profits—it’s about staying in the game while letting your balance grow steadily over time. Whether you’re a prop firm trader, a cautious investor, or just someone who’s tired of “martingale disasters,” this EA could easily be your next best ally in the MT4 environment.

Overview

The Dragons Risk Shield EA V1.0 MT4 is an advanced automated Expert Advisor that uses a blend of volatility filters, moving averages, and ATR-based logic to determine the safest possible entries. It doesn’t chase price or overtrade—it waits for clean, high-probability setups before executing trades.

Its core principle is capital protection. The EA was specifically coded to monitor account drawdown in real-time, automatically halting operations when daily or weekly loss thresholds are hit. This makes it perfect for prop firm challenges or traders with strict equity management rules.

The EA runs flawlessly on MetaTrader 4 (MT4), supports all major brokers, and is optimized for low-latency VPS environments to ensure smooth performance and minimal slippage.

Key Features

• Capital Protection Engine – Prioritizes drawdown management with automatic stop-trading triggers.
• Smart Position Sizing – Uses percentage-based risk allocation per trade, ensuring consistent exposure.
• No Martingale / No Grid – Zero use of dangerous averaging techniques. Every trade stands alone.
• Volatility-Based Entries – Trades are filtered through ATR and EMA convergence for precision.
• Daily/Weekly Loss Limits – Customizable thresholds to automatically pause trading after certain drawdowns.
• Multi-Pair Compatibility – Works on all major pairs, including EURUSD, GBPUSD, USDJPY, and XAUUSD.
• Adjustable Risk Mode – Choose between conservative, balanced, or aggressive risk templates.
• Break-Even and Trailing Stop – Protects open trades once in profit to secure gains automatically.
• Auto Trade Lockout – Stops new trades when spread or slippage exceed defined levels.
• VPS Optimized – Designed for 24/7 operation on low-latency VPS servers.

Backtest Results & Performance

Backtesting for Dragons Risk Shield EA V1.0 MT4 was conducted over a 5-year data span using EURUSD on the H1 timeframe. The results were consistent:

  • Average monthly return: 6–10%
  • Max drawdown: Below 8%
  • Profit factor: 2.31
  • Win rate: ~73%

What’s most impressive isn’t the profit—it’s the stability. Even during volatile conditions like 2020–2021 market spikes, the EA maintained steady equity growth without exceeding the set risk limits.

In live trading, the EA continues to deliver controlled and predictable growth. Traders who used it in prop firm accounts have reported zero breaches of daily drawdown limits and steady compounding over time.

How to Install & Configure

Installing the Dragons Risk Shield EA V1.0 MT4 is straightforward:

  1. Download the EA from MQL5.software.
  2. Copy the .ex4 file into your MT4 > Experts folder.
  3. Restart your MetaTrader 4 terminal.
  4. Open your desired chart (e.g., EURUSD, H1 timeframe).
  5. Drag the Dragons Risk Shield EA onto the chart.
  6. Enable AutoTrading and confirm settings.
  7. Adjust your risk percentage, daily loss limit, and target parameters.

Recommended Settings:

  • Timeframe: H1 or H4
  • Minimum Deposit: $200
  • Recommended Leverage: 1:500
  • Broker Type: ECN / Raw spread
  • Lot Size: 0.01 per $1000 balance

Why Choose YoForex-Powered EAs?

YoForex is not just another developer dropping bots for quick sales. The brand is known for creating free, reliable, and prop-firm-safe Expert Advisors that go through months of real-world testing. Every EA released is verified both in backtests and live forward tests to ensure performance stability.

YoForex’s philosophy is simple: give traders tools that empower discipline, risk control, and consistent returns. Plus, all YoForex-powered bots come with lifetime updates, ongoing community support, and direct access to technical experts.

Support & Contact

If you face any issue with installation, optimization, or backtesting, the YoForex support team has your back.

Disclaimer:
Trading forex involves risk. Past performance does not guarantee future results. Always test the EA on a demo account before using it on live capital. Adjust your risk settings responsibly and ensure your broker’s conditions are compatible.

Call to Action

Ready to take control of your risk and trade like a pro?
👉 Download Dragons Risk Shield EA V1.0 MT4 now from MQL5.software — it’s completely free to use and backed by the trusted YoForex team.

Don’t gamble with your capital. Protect it, grow it, and stay consistent with Dragons Risk Shield EA.

Happy Trading