The Venom EA Forex robot for Metatrader 4 deploys a martingale trading strategy with digital filter to trade the Forex market automatically.
The EA made $233.54 during the initial test period (see strategy tester report below) when attached to the AUD/CAD, AUD/NZD and NZD/CAD currency pairs.
The Venom EA can be used with any Forex broker and works on all time frames.
As always, please use this EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
Free Download
Download the “Venom EA.ex4” expert advisor
Strategy Tester Report
Find below the Venom EA track record (click on the picture for full size view).
- Gain: +23.35%
- Daily gain: +0.26%
- Profit: $233.54
- Drawdown: 9.96%
Download This Expert Advisor
Download the “Venom EA.ex4” EA
Recommendations & Specifications
- Trading instruments: Works on all currency pairs + Gold
- Time frames: Any time frame should work
- Minimum account balance: $100
- Demo account: Yes
- Real account: Yes
- Trading platform: Metatrader 4
Chart Example
The picture below shows the Venom expert advisor attached to the EUR/USD 1-hour chart.
Input Parameters & Settings
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
Magic, user slippage, grid size, take profit, profit lock, lots, account risk cut, account profit cut, progression
How to install and run the Venom EA?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the Venom EA.ex4 file here
- Then close and restart the MT4 platform
- Attach the expert advisor to the chart
Now, you are ready to start using the Venom EA!