Dagon Slayer EA V1.1 MT4 – H1 Forex Robot for GBPJPY, EURUSD & USDJPY


Introduction


Some forex pairs are wilder than others. Take GBPJPY for example — known as the “dragon” in trading circles, it’s fast, volatile, and capable of massive intraday swings. Many traders love its profit potential but fear its unpredictable moves.


The Dagon Slayer EA V1.1 MT4 is built specifically to “slay the dragon.” Optimized for GBPJPY on the H1 timeframe, it also performs strongly on EURUSD and USDJPY. With a minimum deposit of $1,500 (recommended $2,500), it’s designed for traders who want steady, disciplined trading with robust risk management.


And the best part? It’s available 100% free at ForexFactory.cc, powered by YoForex.


Overview


The Dagon Slayer EA V1.1 MT4 is a trend-following & volatility-adaptive Expert Advisor.


Core Logic:



  • Detects strong momentum on GBPJPY (best performer).

  • Applies breakout + pullback confirmation.

  • Uses volatility filters to avoid choppy markets.

  • Employs dynamic SL/TP and trailing protection.


Pairs Supported: GBPJPY (best), EURUSD, USDJPY.
Timeframe: H1 (60-minute chart).
Capital Requirement: Minimum $1,500 (recommended $2,500+).



Key Features


• GBPJPY Specialist – Optimized for trading the “Dragon.”
• Multi-Pair Support – Works on EURUSD and USDJPY as well.
• H1 Timeframe – Captures mid-term swings with fewer false signals.
• Volatility-Adaptive Strategy – Trades only in strong conditions.
• Integrated Risk Management – SL, TP, and trailing stop included.
• No Martingale/Grid – Safe and sustainable.
• Daily Trade Logic – Limited trades, no over-exposure.
• Equity Protection – Preserves account in case of volatility spikes.
• Free Lifetime Updates – Provided by YoForex.


Backtest & Performance


YoForex tested Dagon Slayer EA V1.1 MT4 on GBPJPY, EURUSD, and USDJPY.


Backtest Period: Jan 2020 – Apr 2025
Pairs: GBPJPY (primary), EURUSD, USDJPY
Timeframe: H1


Results (GBPJPY):



  • Win Rate: 72%

  • Monthly Return: 8–11%

  • Max Drawdown: 12%

  • Profit Factor: 1.94


Results (EURUSD & USDJPY):



  • Win Rate: 69–71%

  • Monthly Return: 7–9%

  • Drawdown: <10%


Equity Curve: Smooth upward growth, stable even during high volatility phases.


Live Testing Insights:
On a $3,000 account, GBPJPY trades were most profitable, with average 10% monthly gains while EURUSD/ USDJPY delivered consistent secondary profits.



Installation & Setup



  1. Download from ForexFactory.cc.

  2. Copy .ex4 file into your MT4/Experts folder.

  3. Restart MetaTrader 4.

  4. Open an H1 chart for GBPJPY (or EURUSD/USDJPY).

  5. Attach Dagon Slayer EA from Navigator.

  6. Configure SL, TP, and risk settings.

  7. Enable AutoTrading.


Best Practices



  • Best Pair: GBPJPY (“Dragon”).

  • Alternatives: EURUSD and USDJPY.

  • Account Size: Min $1,500; recommended $2,500+.

  • Leverage: Standard 1:100 – 1:500 works fine.

  • Sessions: London & New York hours = best volatility.

  • Risk Per Trade: 1–2%.

  • VPS Hosting: Run on VPS for uninterrupted performance.

  • Avoid High-Impact News: GBPJPY spikes hard during BOE or JPY data releases.


Why Choose YoForex Tools?


YoForex makes trading tools that are:



  • Backtested & Verified – Transparent and tested before release.

  • Free Forever – No licensing restrictions.

  • Regularly Updated – Adapted for changing market conditions.

  • Community Driven – Support available via Telegram & WhatsApp.


Check out more bots in the Newest EAs.


Support & Disclaimer


Support Channels:



Call to Action


Ready to trade the “Dragon” (GBPJPY) with confidence? The Dagon Slayer EA V1.1 MT4 is optimized for the H1 chart, backed by smart risk control, and performs excellently on EURUSD and USDJPY too.


Download Dagon Slayer EA V1.1 MT4 Free and let YoForex automation help you conquer volatility.


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


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Happy Trading