Trend Venom EA

The Trend Venom EA is a fully automated Expert Advisor that trades based on Moving Average and RSI signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings.

Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom EA. If you wish to use this EA it will need optimising, and if you feel like sharing your settings please do so in the comments.
View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1
Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain

Features

  • Fully automated
  • Not sensitive to spread
  • Always a stop loss in place
  • All you need is a VPS


Input Settings

Order Settings

  • MagicOrderNumber - Unique number for the EA to identify its trades. Any integer.
  • Lots - Number of lots for the first trade in a group. Values from 0.01 to 50.0.
  • Slippage - Slippage in pips. Values from 1 to 10.
  • MoneyManagement - If turned on trade lot sizes are calculated on account risk, true/false.
  • MoneyManagementRisk - Risk per trade if money management is on. Values from 0.01 to 0.1.
  • AllowNewTrades - Turn this of to disable new trade groups, true/false.
  • AccountProfitLock - If money management is on the EA will stop trading if the account balance drops to this fraction of the maximum account balance (0.5 = 50% of account balance). Values from 0.0 to 1.0.
  • PositionComment - Allows you to set the position comment.

Entry Settings

  • TimeFrame - Timeframe drop-down selection to lock EA to a timeframe so that selection of the chart timeframe doesn't affect the EA. When testing ensure the tester timeframe is set to the same value.
  • MaxSpread - Maximum spread in pips that the EA will trade. Values from 1.0 to 10.0.
  • TakeProfit - The take profit (Setting to 0 disables). Values from 2 to 500 depending on the pair being traded.
  • StopLoss - The fixed stop loss - Values 25 to 4000 depending on the pair being traded.
  • RSIPeriod - The RSI period used as averaging entry signal - Values 1 to 40.
  • RSIThreshold - The RSI threshold used as averaging entry signal - Values 1 to 40.
  • MASlowPeriod - The slow Moving Average period used as entry signal - Values 1 to 1000.
  • MASlowMode - The slow Moving Average mode selection used as entry signal.
  • MAFastPeriod - The fast Moving Average period used as entry signal - Values 1 to 1000.
  • MAFastMode - The fast Moving Average mode selection used as entry signal.
  • StopLossType - The Stop Loss modification when averaging - STANDARD=No modification.
  • TimeAveraging - If turned on time averaging is used to recover negative trades, true/false.
  • TimeAveragingStep - The negative move in pips against the current trade to trigger the next time averaging trade. Values 5 to 100.
  • TimeAveragingMultiplier - The lot multiplier for averaging trades. Values 1.0 to 2.0.


Optimization & Defaults

Default input values are for EURUSD M5. If optimizing, optimization of RSIPeriod, RSIThreshold, MASlowPeriod, MAFastPeriod, TakeProfit and TimeAveragingStep are needed to find the best results.

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MQL TOOLS SL
4.29 (17)
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AI   Forex Robot - The Future of Automated Trading. AI Forex Robot is powered by a next-generation   Artificial Intelligence   system based on a hybrid LSTM Transformer neural network, specifically designed for analyzing XAUUSD, EURUSD   and BTCUSD price movements on the Forex market. The system analyzes complex market structures, adapts its strategy in   real time   and makes data-driven decisions with a high level of precision. AI Forex Robot is a modern, fully automated system powered by   ar
HFT Prop Firm EA
Dilwyn Tng
4.96 (632)
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HFT Prop Firm EA is  also known as Green Man due to its distinctive logo, is an Expert Advisor (EA) crafted specifically for overcoming challenges or evaluations from proprietary trading firms (prop firms) that permit High-Frequency Trading (HFT) strategies. With version 5.8 and above GreenMan  HFT Prop Firm EA is plug and play for for almost true HFT prop firm challenges without setfiles with it newly improved automatic features.  MT5 version:  https://www.mql5.com/en/market/product/117386
Mon Scalper MT4
Xuan Bach Nguyen
Experts
Mon Scalper - Dual-Trendline Breakout Scalping Expert Mon Scalper is a specialized Expert Advisor designed exclusively for gold (XAUUSD) trading. It utilizes a unique dual-trendline strategy to identify strong trends and breakout points, executing trades automatically based on market conditions. Join My MQL5 Channel for the Latest Updates! Real-Time Signal :  https://www.mql5.com/en/signals/2361936 Pricing : Launch Price : $199 Incremental Price Increase : The price will increase by $100 after
EA Legendary Scalper MT4
Ruslan Pishun
Experts
Real monitoring :  XAUUSD__BTCUSD__ M30__SL3 ,      XAUUSD M30 SL3 ,      XAUUSD M30 SL2 For more information, please contact us via private message or in  the mql5 group. THERE   ARE   ONLY  1   OUT   OF   10   COPIES   LEFT   AT   A   PRICE   OF  450   USD ! AFTER   THAT , THE   PRICE   WILL   BE   INCREASED   TO  649   USD . Imagine that you have an experienced trader who monitors the market every day, waits for the price to break through an important level, and instantly opens a deal. That
Trend AI EA
Ramil Minniakhmetov
4.22 (54)
Experts
Trend Ai EA is designed to work with the Trend Ai indicator which will do its own market analysis by combining trend identification with actionable entry points and reversal alerts and will take over all the signals of the indicator in full auto!  The EA contains a number of external parameters that are fully adjustable and allows the trader to customize the expert according to his choice.  Be careful i not sell EA or sets at telegram it scam. All settings free here at   blog .  IMPORTANT! Con
Forex GOLD Investor
Lachezar Krastev
4.46 (50)
Experts
WINTER SALE — FINAL DAYS! Get Forex GOLD Investor with a huge –60% discount AND receive News Scope EA PRO as a FREE BONUS ! Special Winter Price: $217 (Regular Price: $547 — You Save $330!) FREE BONUS: News Scope EA PRO A powerful multi-symbol strategy packed with advanced features, supporting 5 trading pairs — real value: $397! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Live Results: https://www.m
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Sergey Batudayev
5 (2)
Experts
GoldPro (MT4) — XAUUSD Expert Advisor with 2 selectable modes: Classic & Scalping GoldPro is an automated trading system for   XAUUSD (Gold)   built for traders who want structure, clear risk controls and an EA that can work in different market tempos. Inside one EA you can choose   how it trades : 1) Classic Mode — calm logic for swings & pullbacks A classic approach focused on reversal / mean-reversion behavior (entries from market “exhaustion” zones) and structured position management. Basket
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5 (9)
Experts
Vortex Turbo — “Trade the storm — control the Vortex” Vortex Turbo represents the next evolutionary stage in intelligent trading — a unique development that merges cutting-edge AI architecture, adaptive market logic, and precise risk control. Built upon proven algorithmic principles, it integrates multiple strategies into a unified high-speed ecosystem powered by a new level of predictive intelligence. Designed as a scalping expert for gold XAUUSD(GOLD), Vortex Turbo employs a controlled martin
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Robots4Forex Ltd
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