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Draconis Expert (MT4) — review, price and free alternatives
MT4 expert advisorfree on MQL5by Ruengrit Loondecha
Draconis Expert is a free MetaTrader 4 expert advisor by Ruengrit Loondecha on the MQL5 Market — download it there; we host no third-party files. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you use it.
Draconis Expert — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Expert advisor
- Instrument named in the listing
- XAU/USD (gold)
- Developer
- Ruengrit Loondecha
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Draconis Expert on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Draconis Expert Working best with GOLD - M30 Require minimal 500$ for 0.01 (AutoLot feature inside) --------------------------------------------------------- This is a Single EA, less orders but might more Accuracy.
Before you use Draconis Expert
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- Where you download it. Only from its MQL5 page — copies passed around elsewhere can be altered.
- Risk controls. Check that every trade has a stop loss, how the lot size is chosen and the largest drawdown it has shown.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Draconis Expert
Compiled from its public MQL5 listing. FxRobotEasy has not traded Draconis Expert; what these notes say about how it works comes from that listing.
Overview
Draconis Expert by Ruengrit Loondecha represents a comprehensive automated trading solution for MT4 traders. What sets Draconis Expert apart is its balanced approach to trade execution and capital preservation.
Risk notes
Draconis Expert implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT4 platform compatibility
- Developed by experienced Ruengrit Loondecha
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Draconis Expert on MT4 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
Looking for a gold (XAUUSD) robot you can try free?
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
GoldStrike AIby FxRobotEasy
Our XAUUSD (gold) robot — an ML model picks the market regime
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
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The team's notes, every day
- What we ship, what breaks and how we fix it
- GoldStrike AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Draconis Expert or GoldStrike AI?
| Draconis Expert | GoldStrike AI | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Ruengrit Loondecha | FxRobotEasy |
Draconis Expert modelled Strategy Tester aggregate
As of October 9, 20269.54%
Simulated average ROI
28.23%
Simulated average drawdown
3,787
Simulated trades
1.04
Simulated profit factor
48.7%
Simulated win rate
2
Modelled scenarios
Subject: Draconis Expert averaged across FxRobotEasy modelled Strategy Tester scenarios — simulated, not live or broker-verified trading. Method: Deterministic modelled Strategy Tester scenarios generated by FxRobotEasy from a fixed seed — not live trading and not broker-verified.
Draconis Expert — questions
What is Draconis Expert?
Draconis Expert is a MetaTrader 4 Expert Advisor (trading robot) published on the MQL5 Market by Ruengrit Loondecha, and it is listed at no charge. As an Expert Advisor it can open and manage positions on its own once it is attached to a chart and algorithmic trading is enabled in the terminal.
Does Draconis Expert work on MT4 or MT5?
Draconis Expert runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
Is Draconis Expert free to download?
Yes -- Draconis Expert is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2025-11-27. The file is downloaded from the developer's (Ruengrit Loondecha) product page on mql5.com and installed into MetaTrader 4.
Is there a verified track record for Draconis Expert?
FxRobotEasy has not traded Draconis Expert on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Draconis Expert elsewhere comes from its developer or from a third party.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.