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📦 What's Included

Instant Download Access

Get your EA files immediately after purchase via email and your account dashboard

Professional Installation Guide

Detailed PDF with screenshots showing every step of the installation process

Recommended Settings Included

Optimized parameters and configuration guidance included in your download package

Free Updates - Never Pay Twice

When we release new versions, download them free from your account - you own this EA for life

Customer Support Included

Direct email support for installation help and technical questions

7-Day Technical Guarantee

If the EA fails to attach due to verified technical errors we can replicate, full refund issued

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30-Day Performance Promise

Not satisfied? Exchange for another EA or get full store credit (Only for products priced $150+ or higher)

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Users also value quick response times and professional issue resolution. The site is easy to navigate, prices are fair, and overall trust in the company is high.

RiskShield Dragon EA MT4

Original price was: $3,999.00.Current price is: $399.95.

RiskShield Dragon EA for MT4 is a powerful multi-currency automated trading system that uses intelligent signal confirmation, built-in protection, and non-martingale averaging.

Backtested across EURUSD, GBPAUD, and AUDCAD with consistent low drawdown and high profit factor.

The Download Package Includes:
+ Expert: RiskShield Dragon (.ex4) – Latest Version
+ Pairs/Timeframes.txt
+ How to Install MT4 files.pdf

More Information:
+ https://www.mql5.com/en/market/product/145830

Live Performance Signal:
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Instant Download

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4.6/5 - 134 Reviews

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💰 You save: $3,679.04 92% Off

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Your purchase is covered by our
info 30-Day Profit Promise more info
If it doesn't make you money, exchange it for free!

We want you to be fully satisfied with your investment, that's why we offer a FREE exchange if your product isn't profitable for you after 30 days of using it.

How it works:

  1. Use the EA for at least 30 days following the recommended settings. A demo account is always recommended to begin with.
  2. If you're not satisfied, contact our support team with:
    • MT4/MT5 trading logs since the date of purchase
    • Screenshots of your settings
    • Brief explanation of your experience
  3. Choose: Exchange for another EA or receive full store credit

Terms/Requirements:

  • Must provide proof of proper installation and use
  • EA must be used according to documentation
  • Does not apply to user error or settings modifications
  • Only applies to products valued $150 or more & one use per customer

We want you to become profitable and be happy with your investment.

What Happens After Purchase:

? Instant download + email delivery Immediately after payment, you receive download links via email plus access to your customer dashboard. ? Free updates All future versions are free. Download new updates anytime from your account - you never pay twice. ? Customer support Direct email support for installation help and technical questions from our team. ? 7-day refund guarantee If the EA fails to attach to your chart due to verified technical errors we can replicate, we'll issue a full refund within 7 days. Does not cover trading performance.

Pre-Purchase FAQs ↓

Yes, all updates are completely free—you'll never pay twice.

We receive updates from developers and upload them to your account when they're available.

Please be patient, as we're managing hundreds of products at discounted prices. More popular products are updated more frequently.

All versions are stored in your account for easy access.

We offer a 7-day technical guarantee. If the EA fails to attach to your chart due to verified errors we can replicate, we'll issue a full refund.

However, we cannot refund based on trading performance or profit expectations—forex markets are unpredictable, and results vary by broker, spread, and market conditions. We provide tools, not guarantees. 

Yes, we'd be happy to assist you!

We can advise you on the best settings for your account or create custom presets tailored to your needs. Additionally, we offer a one-time free installation service using AnyDesk for remote setup.

Please note, however, that we cannot provide advice on how to make money with any of our products.

Absolutely. Once you purchase, the EA is yours to use on unlimited live and demo accounts—no restrictions.

You can run it on multiple brokers, VPS servers, or trading accounts simultaneously.

There are no license limits or activation keys. Buy once, use everywhere.

After successful payment, your product will be available for download instantly in the following ways:

  • Displayed on the screen immediately after checkout.
  • Emailed to the address you provided during purchase.
  • Stored in your account if you created one at checkout, where you can access it anytime.

Please note, in rare cases (about 1% of high-value premium products), orders may be held for manual review to prevent fraud.

If you don’t see a download link, contact us for assistance.

Yes, absolutely.

We do not sell fake products, and our customer reviews, along with our pricing, reflect the quality and authenticity of what we offer.

🤖 Introduction to RiskShield Dragon EA for MT4

RiskShield Dragon by Ivan Simonika is a cutting-edge Expert Advisor that combines safety, flexibility, and powerful performance. This multi-currency, multi-threaded robot is designed for traders who want low drawdown, intelligent averaging, and full control over trading parameters.

Whether you trade EURUSD, GBPUSD, AUDCAD, or others—RiskShield Dragon adapts its logic to each pair while maintaining its core principles: smart entries, robust protection, and consistent profits.


🧩 Key Features

  • No Martingale or Grid Explosion
    Uses a safe non-geometric averaging system.

  • 🔁 Supports 20+ Currency Pairs
    Including EURUSD, GBPUSD, USDJPY, AUDUSD, NZDJPY, GBPAUD, EURJPY.

  • 🧠 Multi-Threaded Signal Logic
    Each indicator runs independently for multi-layered confirmation.

  • 🛡️ Built-In Protection Systems
    Includes spread filters, time filters, hard/soft SL & TP.

  • 🧪 Ready-to-Go Templates
    Pre-tested setups for both trend-following and swing styles.


🚀 Key Benefits

  • Steady Equity Growth: Clean equity curves across all test pairs.

  • Extreme Safety: No martingale, with strict trade limits and risk control.

  • Flexible Configuration: Adjust risk, volume, and trade limits easily.

  • High Compatibility: Works on any broker with MT4 and ECN conditions.


🧠 How the Strategy Works

  1. Trend Identification
    SuperTrend and Moving Averages define long/short bias on higher TFs.

  2. Multi-Filter Signal Layer
    Confirmations from price action, volatility bands, and custom indicators.

  3. Non-Geometric Averaging
    Adds trades only on pullbacks, without increasing lot size exponentially.

  4. Stealth Profit Capture
    Combines real and virtual TP to secure profits discreetly.


⚙️ Settings Overview

  • MagicIdentifier – Unique EA ID per pair

  • DefaultVolume – Set base lot (or auto-calc)

  • RiskFactor – Adjusts aggressiveness

  • MaxConcurrentTrades – Limits open orders

  • HardStopLoss / HardTakeProfit – Broker-visible

  • SoftStopLoss / SoftTakeProfit – Internal control

  • TrailingStartPoint / TrailingDistance – Dynamic trailing


📈 Proof of Results

Backtest: AUDCAD (2013–2025)

  • 📊 Profit: $24.79M

  • 📉 Drawdown: 2.55%

  • ✅ Win Rate: 84.04%

  • 📈 Profit Factor: 19.20

Risk Shield Dragon Backtest Report for AUDCAD from 2013 to 2025
Risk Shield Dragon Backtest Report for AUDCAD from 2013 to 2025

Backtest: EURUSD (2013–2025)

  • 📊 Profit: $57.42M

  • 📉 Drawdown: 2.56%

  • ✅ Win Rate: 88.54%

  • 📈 Profit Factor: 32.40

Risk Shield Dragon Backtest Report for EURUSD from 2013 to 2025
Risk Shield Dragon Backtest Report for EURUSD from 2013 to 2025

Backtest: GBPAUD (2013–2025)

  • 📊 Profit: $10.86M

  • 📉 Drawdown: 3.27%

  • ✅ Win Rate: 87.04%

  • 📈 Profit Factor: 32.78

Risk Shield Dragon Backtest Report for GBPAUD from 2013 to 2025
Risk Shield Dragon Backtest Report for GBPAUD from 2013 to 2025

Each backtest shows smooth balance growth, low drawdown, and extremely high recovery factors—demonstrating exceptional robustness and consistency.


🌟 Real Trader Reviews

🟢 “Hands down one of the safest EAs I’ve run. I’ve had it live for 5 weeks now on EURUSD and AUDCAD—almost no DD and 38% return already.”
Michael T., London, UK

🟢 “Finally an EA that doesn’t blow accounts. Smooth profit curves, low risk, and real control over the strategy. Ivan nailed it.”
Luis M., Madrid, Spain

🟢 “The RiskShield system has become my go-to for larger accounts. Multiple pairs, zero stress. It’s rare to find an EA this reliable.”
Marius K., Toronto, Canada


❓ FAQ

What is the minimum deposit required?

The EA is optimized for accounts starting at $10,000 or equivalent in account currency.

Does RiskShield Dragon use martingale or grid strategies?

No. It uses non-geometric averaging, meaning lot sizes stay controlled to avoid account blowouts.

Can it run multiple pairs at once?

Yes, it’s built for multi-currency trading and can run 20+ pairs simultaneously with unique logic per pair.

Which brokers does it work with?

Any MT4 broker is supported, but ECN or Raw spread brokers are highly recommended.

Does it work for prop firm challenges?

While the EA is conservative and stable, make sure to test with prop firm rules. It can be adjusted for many 5%/10% DD limits.


✅ Conclusion

RiskShield Dragon EA for MT4 is a masterclass in safe, automated multi-currency trading. It avoids risky strategies, runs stable across dozens of pairs, and offers the trader full control and transparency. With proven backtests and solid reviews, it stands out as a premium EA for serious traders.

Reviewed by Our Trader

Picture of Peter Jones

Peter Jones

Peter Jones is a full-time trader, forex software developer, and founder of CheaperForex.com. With over 10 years of experience in algorithmic trading, he helps traders gain an edge using reliable EAs and strict risk control.

Always check reviews.
Buy from a trusted Forex store.

Over 28,000+ happy customers and counting.
Trustpilot logo
  • 132 reviews
  • Verified real customers
  • Founded 2019
  • Safe payment methods
Honest Service
Real Reviews
Original Products

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🔍 General Sales FAQ

Below are some frequently asked questions about the delivery of your product.

Please read them carefully for clarification.

After successful payment, your product will be available for download instantly in the following ways:

  • Displayed on the screen immediately after checkout.
  • Emailed to the address you provided during purchase.
  • Stored in your account if you created one at checkout, where you can access it anytime.

Please note, in rare cases (about 1% of high-value premium products), orders may be held for manual review to prevent fraud. If you don’t see a download link, contact us for assistance.

Yes, absolutely. We do not sell fake products, and our customer reviews, along with our pricing, reflect the quality and authenticity of what we offer.

We provide original, fully supported expert advisors with free lifetime updates, guaranteed to work and backed by a 7-day refund or exchange policy in the rare event something is broken.

Unlike many sites selling outdated or fake versions, we offer real quality, peace of mind, and ongoing improvements from a store trusted since 2019.

This is the latest version as of the date we published it. There may be newer updates available since then.

Please check the version number before purchasing.

Yes, product updates are always free and they are provided as soon as possible.

More popular products are updated more frequently, and we typically upload a free update if a significant improvement has been made.

All product updates are stored in your account for easy access.

Please review the content under 'The download package includes' section at the top of this page.

If set files are not listed and you need them, please contact us to confirm. We can usually create specific sets tailored to your requirements.

However, we cannot guarantee profitability. Forex markets are unpredictable and the ability to lose money is possible if you don't follow a solid risk strategy.

If this product is for MT4, it will work on all terminal builds.

In the rare event that you experience issues attaching this product to your chart and can provide error codes that we are able to replicate, we will issue a full refund.

However, we do NOT offer refunds if the product does not meet your profit expectations. Forex markets are unpredictable, and performance may vary across different brokers.

At our discretion, we may offer you store credit to be used toward another product if the product is not what you expected.

Yes, we'd be happy to assist you!

We can advise you on the best settings for your account or create custom presets tailored to your needs. Additionally, we offer a one-time free installation service using AnyDesk for remote setup.

Please note, however, that we cannot provide advice on how to make money with any of our products. That service is exclusively reserved for our VIP customers.

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