• Overview
  • Reviews (25)
  • Comments (365)

Veno EA

Veno EA is a safe and fully automated medium-term trading robot.

The EA does NOT use hedging, martingale, grid strategies, arbitration, etc.

Veno Expert System automatically analyzes the appearance of participants with distinct preference towards buying or selling on the market. Trades are conducted on strong cluster and news based movements. The robot automatically analyzes the market volumes and volatility and follows strong supply and demand movements. It smoothly sets breakeven levels and features the built-in smart mechanism for partial closure of profitable trades. The built-in spread filter manages slippages and spread extension.

The EA has the functions of the multi-currency trading. The Virtual Mode allows you to place orders and net profit levels without a broker.

Basic EA settings are already configured for EURUSD (M30, H1, H4) and GBPUSD (M30, H1, H4).

Requirements

  1. The EA has been optimized for EURUSD (M30, H1, H4) and GBPUSD (M30, H1, H4).
  2. It is recommended to use an ECN broker with a low spread and VPS.
  3. Use only five-digit accounts.
  4. Small spread significantly increases the EA's efficiency.


Recommendations

For correct robot operation, it is important to have a good communication channel for connection with the broker server. Therefore, it is recommended to use the VPS chosen based on the closest location to the broker to achieve the lowest possible ping, which provides better conditions for the robot to place orders.

Testing

It is important to backtest Veno Expert System with the simulation coefficient of not less then 90%. Some brokers have a significant delay in triggering of stops and orders, which is critical to any trading.


Parameters

  • Lot - lot size;
  • Stoploss - stop loss;
  • Magic - unique EA magic number;
  • CheckLevels - estimated number of levels;
  • MaxSpread - maximum spread allowed before a pending order triggers.
  • ShowInfo- show/hide extra info;
  • Optimize - enable optimization for fast testing in the terminal;
  • VirtualMode - virtual pending order application mode;
  • Trailing - enable/disable breakeven position processing mode;
  • TrailStart - activate breakeven level (in points);
  • TrailStopPercent - breakeven level setting percentage;
  • SplitProfitLots - profitable order division mode;
  • StartSplitPips - points of profit to start dividing a profitable deal;
  • SplitPrercentProfit - profit percentage for each profitable deal division;
  • SplitLot - closed lot volume for dividing a profitable deal;
  • AutoLot - enable/disable deal volume auto selection mode;
  • BalancePerLot - number of the account balance units per the specified Lot deal volume;
  • CheckTime - EA hourly work mode;
  • StartHour - operation start (in hours);
  • StopHour - operation stop (in hours);
  • CommentDeals - custom comments for deals
mambobody
140
2017.04.22 07:53 
 

Excellent communication by Alexey! Using this EA on LIVE account after running it on Demo. Great results. Not a martingale EA so I'm using higher lot size.

satindo
472
2017.04.21 19:09 
 

I'm new with this EA. I think it's good. The author seems good in replying messages and I will update my review after I use the EA on a longer period.

===

Update:

How can I rate this EA with more stars if:

1. Lot size calculation is different between back test and real account.

2. Partial close is not doing correctly. Again, in the lot size.

The support given by author is still ok. Just the EA issue.

Hansreimann
25
2017.04.21 14:19 
 

This ea is a very good and powerful EA in market, one must of course keep as with all other EA instructions.

Important is a good brocker with low spread.

What is even more important to me is the competence, patience and passion of Alexey with customers. The developer is always there for you, no matter what questions.

At the beginning, the tests went into minus, after I wrote with Alexey, I have set the system correctly, since the EA runs well.

It is important to note that this is only an EA and not a holy gral, so you also have to monitor and manage the system, just as far as spreads are concerned.

Important is that the EA is paying attention to the capital and does not drive it against the wall.

I can recommend this EA only.

priba
21
2017.04.20 17:25 
 

At the beginning I had some questions about the installation. Alexey has taken a lot of time to help me. Now it works perfectly and gives me a good income. I am happy with this ea.

toptrader191019
38
2017.04.18 13:43 
 

Alexey provides what I believe to be an excellent EA. That said, you must be aware that such EA must be given the best possible environment to flourish, that is, extra low spreads, keep commissions as low as possible, VPN a must, with latency the lowest you can get... On top of that, only use it on recommended pairs (EU, GU). In UJ, after some thorough testing, it appears to be working quite nicely as well. When conducting your back-testings, make sure you factor in scenarios with slippages (up to 30% chance against vs 10% chance in favour), commissions, etc. I have done so, and Alexey has earned the benefit of the doubt in my personal opinion. I just wish the EA came with a brief manual so that one can understand better how to set auto lot (it's confusing) + the meaning of new additions like bias pips ... Alexey, if you could work on that, i'd give u 5 stars.

burak bahadir
339
2017.04.17 09:04 
 

Alexey provides fast and great support and really trying to help.

Backtests at 99.90% are giving strong profit and potential.

Update: Real Tickmill account 3ms VPS- 15 days growth 0.4%. Still testing!

Update2: I am loosing again again and again! Could not make it work! I am about to turn it off!

mohdhemsi
902
2017.04.14 14:28 
 

The Ea is only good on Backtesting but not in real market.

sky
111
2017.04.13 09:25 
 

我喜欢的策略,回撤小,不扛单,胜率高,还有激活闲置,有兴趣的朋友可以私信我,或者qq29622420

jocec
93
2017.04.10 20:57 
 

been testing since a few weeks, results very positive for now, I'm very happy and Alexey alway very helpful and quick response

Mladen Antonov
21
2017.04.10 20:41 
 

Testing for now on real account. Alexey gives great support and responds very fast on questions. I like very much tha EA, it keeps the account safe. I am happy with it!

Mohammad Ferdous Bin Shahid
627
2017.04.08 07:33 
 

Back testing is really amazing. The performance of Veno EA on Demo Account on ViproMarkets : https://www.mql5.com/en/signals/286484

Satoshi Akiyama
320
2017.04.07 07:33 
 

Support is quite enriched so that other people may say.

I'll make them work by the realistic account now, so a star is 4.

The back test is really wonderful.

It's being hoped that I also want there to be a future by such result.

Before Alec becomes busy, I'll recommend you purchase.

Already, it was earned for the purchase price.

Fallet Willy
1261
2017.04.01 09:09 
 

User didn't leave any comment to the rating

mayamak
1198
2017.03.31 17:33 
 

backtests are running very well... hope that real account will do the same. Currently I'm giving 4 stars for profitable backtests on TDS2 Variable Spread. If real account will cover it it will be 5*

Update #1: amazong live account results. EA need fast broker execution, I'm using LMAX with mql5 VPS - latency 1ms. Setup: 3 different sets for each currency (comment #1;#4 + own modified based on previos) If 1st set will loose 2nd or 3rd will probably win.

!!! Backtest before use on 99% DataTicks. I used TDS2 with Variable Spread and Slippage simulation.

Big adventage is "safety", EA is using SL, it trading fast without taking position for hours or days, after few minutes trade is closed so it affect on low DD. Hope that trading enviroment on forex will not change on nearest months.

Very good suppprt from developer by chating on PM.

#VenoEAmyHero!

Gerson Castro
621
2017.03.30 20:08 
 

Very Good

smartreynor
94
2017.03.29 10:53 
 

Great EA!

It has good backtest result.

I traded it live and I got one close trade with profit.

Seller is also supportive and very generous in helping.

Yagnesh Patel
658
2017.03.26 09:57 
 

Excellent EA

I m using from a week and got very good results,

Best part of Ea is very small stoploss and nice rewards,

And Great and quick support by Alexey

God Bless u Alexey,

Dom A
150
2017.03.23 15:51 
 

I am very skeptical when I buy EA's I test and retest everything and asses actual trades of sellers before I buy them. Honestly this is one of the best ones out in the market so far. I hope everything goes well in the long run. Different EA's require different brokers for various strategies. This one works great. I love it. Plus great support given by Alexey. Doesn't leave anyone behind. So far the best product I have bought here.

Peter Wild
117
2017.03.20 22:37 
 

very good EA!

excellent support!

Thanks!

Lexusso
80
2017.03.17 18:03 
 

Real trading coincides with the testing results. I've bought it a month ago and I'm really impressed with the results of trading !

Atep Novic
910
2017.02.27 07:49 
 

GREAT SUPPORT

serrallonga
127
2017.02.24 17:41 
 

I tested the EA on live account for 3 days, and this works like Alexey described. Good job!

chuotme
449
2017.02.22 07:32 
 

I use the same broker with the vendor .Until now I am happy

Serafin Perez
605
2017.02.20 18:20 
 

Le doy la máxima puntuación por la ayuda de su autor y porque su señal se corresponde con la realidad del trading de la EA, que funciona como dice la información al respecto.

El DD es tan bajo que se puede combinar con otras estrategias más arriesgadas.

Se comporta en real como en backtesting y como en las señales de su autor.

Xi Lu
344
2017.02.18 02:14 
 

卖200美金可以