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The Viper EA

349 USD

Demo downloaded: 567

Published: 31 March 2022

Current version: 2.2

The Viper EA

3.46

Experts
Profalgo Limited
Version: 2.2
Updated: 9 June 2023
Activations: 10

NEW PROMO:

Only a few copies copies available at 349$
Next price: 449$
Get 1 EA for free!

Make sure to check out our "Ultimate EA combo package" in our promo blog!

Live monitoring: https://www.mql5.com/en/signals/1422803

The Viper EA uses sharp and effective "mean reversion" entries during the ranging period of the trading sessions (between 23h and 1h GMT+2, US DST).

These trades already have a very high succesrate, but if the market turns against the position, the EA will initialize its trademark recovery mode.

The recovery algorithm will try to convert every unsuccesfull first entry into a profitable result.

This EA was developed using live results from my previous EA's as starting point, and optimized using 99.99% Tickdata on MT5, using 7$/lot commission on each trade.

It has been stress-tested with multiple "random settings" for all pairs and succeeded every single test. This means that the risk of over-optimization is minimized to almost zero.

Supported pairs: GBPCAD;GBPCHF;GBPAUD;CHFJPY;AUDCHF;EURCHF;EURUSD;CADCHF;GBPJPY;GBPUSD;AUDCAD;AUDUSD;EURJPY;USDCHF;AUDJPY;USDCAD;EURGBP;EURAUD;EURCAD;

Timeframe: M15

Recommended minimum balance: 150$ -> max 4 pairs. For running all 20 pairs, 500$ or more is recommended

For the AutoGMT and news filter to work: it is important to add these 2 URL's to the "allowed URL's" in the MT4/MT5 settings (Tools -> Options -> Experts):

https: //ec.forexprostools.com/
https: //www. worldtimeserver.com/
(remove the spaces!)

Setup:

The EA does not require any setfile to run. All pairs are pre-optimized and settings are stored internally.
Simply run the EA on a EURUSD M15 chart, and then in the parameters: enable the OneChartSetup and set the pairs you wish to use.
Either choose fixed lotsize (AutoLotMode = use StartLots) or automatic lotsize based on balance/equity (AutoLotMode = use LotsizeStep).
When using all 20 pairs -> Low risk (DD up to 15%): use LotsizeStep=2000 and minimum 2000$ balance; Medium Risk (DD up to 30%): use LotsizeStep=1000 and minimum 1000$ balance ; High Risk (DD up to 60%): use LotsizeStep=500 and minimum 500$ balance. These value are based on USD. If you are using a different base currency on your accounts, please convert these values first.
You can also run on smaller account (minimum 150$ recommended when running max 4 low risk pairs) if you select only a few pairs to trade.
When using less pairs, it is best to do the backtest on MT5 to determine the max drawdown, and based on that, set your LotsizeStep accordingly.

How to backtest:

It is highly recommend to run backtests on MT5 platform. That way you can test the whole portfolio at once using real ticks with variable spreads. This will be the closest you can get to real live trade conditions.
On MT5, Run the backtest on EURUSD M15 and enable the OneChartSetup in the parameters.
Select the lotsize settings (fixed lot, or LotsizeStep for automatic lotsize).
Set testing quality to "1 minute OHLC" for faster, but quite reliable testing or "every tick based on real ticks" for most reliable testing.

Settings of the EA:

"EA Settings" -> here you can allow the infopanel to be shown, adjust its size, set the comment for the trades, set the magicnumber for the EA, enable the OneChartSetup and choose which pairs to run.
"Trading times" -> here you can choose when the EA should start trading (only regarding the first trade, not the recovery trades). Recommended not to change this.
"First Trade Settings" -> here you can set max spread for the first trade, as well as choose if you want to use marketorders instead of pending orders, and virtual TP or not.
"Recovery trades settings" -> here you can simply choose "use Auto Settings" if you want to use my optimized settings for all pairs, or set up everything manually to your own optimization (Optimization set). More detailed explanation -> click here.
"News Filter" -> here you can enable, and adjust the news filter (only for the first trade).
"Lotsize Settings" -> Here you can set up the lotsize calculation method.
"GMT settings" -> here you can simply use AutoGMT (recommended) or set it up manually.
"Roll over filter" -> here you can configure the rollover-filter to prevent starting to trade during rollover.

more...

255

kreusch 2023.01.23 01:50 #

I added Viper a while ago to my Portfolio, as with many night scalpers (even if that one is with grid) it's quite sensitive on the broker you are using. My results are quite different based on the broker. So test different brokers if you are not yet happy. I found my settings and broker and viper is performing really, can recommend this product from Wim as well.

2882

Tetsuya Tamaoki 2022.07.23 15:08 #

Great EA, great author. If you can find a winning currency pair with the broker you are using, it will be profitable.

1017

Max 2022.07.20 13:16 #

Good ea, good performance for me, good programming and logics, helpful display info on chart, live looks bumpy bur actually smooth and positive, so don’t start with high risk and complain some loss, I’m happy with r:r/dd and very glad of my purchase to keep a long term automated strategy on my account! Thanks good work on this

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Bonnitta EA is based on Pending Position strategy ( PPS ) and a very advanced secretive trading algorithm. The strategy of Bonnitta EA is a combination of a secretive custom indicator, Trendlines, Support & Resistance levels ( Price Action ) and most important secretive trading algorithm mentioned above. DON'T BUY AN EA WITHOUT ANY REAL MONEY TEST OF MORE THAN 3 MONTHS, IT TOOK ME MORE THAN 100 WEEKS(MORE THAN 2 YEARS) TO TEST BONNITTA EA ON REAL MONEY AND SEE THE RESULT ON THE LINK BELOW. B

5 750 USD

This scalper Expert Advisor is designed for trading the major currency pairs. The EA works on any timeframe. It uses dynamic pending orders with ability to filter them for their deletion. If necessary, this function can be disabled and the entries will be performed by market. The algorithm includes several scalping strategies. Orders are managed by means of a complex customizable trailing, which allows closing deals at the lowest cost. Reconfiguration of the EA parameters can significantly chang

2 800 USD

*** Only 3 copies left at $500 next price is $600 *** limited sales. we only sell enough copies to earn a budget for improving this trading algorithm; after that, the price will be increased to 30K USD. Are you tired of the old generation of trading algorithms with low ROI and low Recovery Factors? we are glad to introduce you to Goldify AI, the next generation of trading algorithms, with an amazing ROI and Recovery Factor. Goldify AI is the result of studying and testing 945 best tra

500 USD

LAUNCH PROMO: ONLY 199 $ instead of 990$! Only a few copies left at this promo price! Make sure to check out our " Ultimate EA combo package " in our promo blog ! Live results low risk Live results high risk Welcome to STABILITY PRO : One of the most advanced, stable, low risk grid systems on the market! This EA has been stress-tested over the full available history of the forex pairs that it uses. During these stress tests, the EA was profitable in every month from 2007 till today as

199 USD

Launch promo! Only a few copies left at 199$! Next price: 299$ Final price: 999$ Live signal: https://www.mql5.com/en/signals/2032269 Gold Trade Pro joins the club of Gold trading EA's, but with one big difference: this is a real trading strategy. What do I mean with "real trading strategy"? As you probably have noticed, almost all Gold EA's on the market are simple grid/martingale systems, that add trades when the market goes against the initial position. They are often disguised as "neu

199 USD

LAUNCH PROMO: ONLY 199$ instead of 990$! Only a few copies left at this promo price! Make sure to check out our " Ultimate EA combo package " in our promo blog ! Live results low risk Live results high risk Welcome to STABILITY PRO : One of the most advanced, stable, low risk grid systems on the market! This EA has been stress-tested over the full available history of the forex pairs that it uses. During these stress tests, the EA was profitable in every month from 2007 till today as y

199 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Get 1 EA for free! Make sure to check out our " Ultimate EA combo package " in our promo blog ! NEW: Now also supports Ethereum! Bitcoin Scalp Pro is a unique trading system on the market. It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates into extreme low drawdowns and a very good risk/rew

349 USD

199 USD

Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) LIVE RESULTS: https://www.mql5.com/en/signals/1949810 Welcome to DayTrade Pro Algo! After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independent It shows very stable backtestests using real variable spread tests with ease, on

499 USD

349 USD

199 USD

MORE THAN 4 YEARS OF LIVE TRADE RESULTS ALREADY -> https://www.mql5.com/en/signals/413850 NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Get 1 EA for free! Make sure to check out our " Ultimate EA combo package " in our promo blog !! READ SETUP GUIDE BEFORE RUNNING THE EA !! -> https://www.mql5.com/en/blogs/post/705899 Other Live results : https://www.mql5.com/en/signals/1931084 Advanced Scalper is a professional trading robot that has been in development

349 USD

499 USD

349 USD

199 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Get 1 EA for free! Make sure to check out our " Ultimate EA combo package " in our promo blog ! Gecko runs a simple, yet very effective, proven strategy. It looks for important recent high and lows and will trade the breakouts. The actual execution of this strategy however, is what makes this EA truly shine. Entry calculations and exit algorithms are not only unique but also very advanced. LIVE RESULTS: https://www.mq

349 USD

NIGHT OWL is a night scalper that trades during the most quiet times of the market. Markets tend to range in that period and the EA will trade those ranging movements. Each trade will have an initial stop loss and take profit, but the EA uses also advanced SL management algorithms that will evaluate the strength of the trades and close out early if necessary. The EA works on all pairs that have stable spread and quiet moves during the night. But it is programmed to also handle bigger spreads wit

125 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Get 1 EA for free! Make sure to check out our " Ultimate EA combo package " in our promo blog ! Grid King is a revolution in grid trading. The main focus when developing the EA was safety, by eliminating the margin-call risk which is usually associated with most grid systems on the market. It also strives to achieve much higher returns than the average grid system, by spreading risk amongst multiple pairs and strategies

349 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Get 1 EA for free! Make sure to check out our " Ultimate EA combo package " in our promo blog ! The Reaper EA is a night scalper that will trade reversal on the nightly ranges for multiple currency pairs. The EA is very advanced and uses a lot of filters and safety measures. Please read the blog after purchase: Recommended pairs: GBPUSD;GBPCAD;GBPAUD;EURAUD;USDCAD;USDCHF;AUDCAD;EURCAD; Other optimized pairs: EURUS

349 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Get 1 EA for free! Make sure to check out our " Ultimate EA combo package " in our promo blog ! STARLIGHT is a very advanced, low risk night scalper which uses a unique approach to the entry algorithm compared to other night scalpers. It was developed using years of experience in live trading with the mean-reverse strategy, and selected only the best pairs and techniques to be included in this EA. Since the EA is build up

349 USD

Little Trade Helper is a fine tool for manual traders. It can quickly draw trendlines and support/resistance lines that will help to identify good price levels for placing entries, or set SL/TP levels. This indicator will not provide any direct buy/sell signals or notification, but is purely meant for those traders that want to get a quick graphical help in finding important levels on the chart. When switching to another timeframe, the indicator will immediately adjust and re-calculate all

35 USD

349 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Get 1 EA for free! Make sure to check out our " Ultimate EA combo package " in our promo blog ! Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Recommended for HEDGING MT5 account types only! Since this kind of strategy works best with low s

349 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Get 1 EA for free! Make sure to check out our " Ultimate EA combo package " in our promo blog ! Gecko runs a simple, yet very effective, proven strategy. It looks for important recent support and resistance levels and will trade the breakouts. This is a "real" trading system, which means it will use a SL to protect the account. It also means it will not use any dangerous techniques like martingale, grid or averaging dow

349 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Get 1 EA for free! Make sure to check out our " Ultimate EA combo package " in our promo blog The Reaper EA is a night scalper that will trade reversal on the nightly ranges for multiple currency pairs. The EA is very advanced and uses a lot of filters and safety measures. Please read the blog after purchase: Recommended pairs: GBPUSD;GBPCAD;GBPAUD;EURAUD;USDCAD;USDCHF;AUDCAD;EURCAD; Other optimized pairs: EURUSD;EU

349 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Get 1 EA for free! Make sure to check out our " Ultimate EA combo package " in our promo blog ! Live monitoring : https://www.mql5.com/en/signals/1422803 The Viper EA uses sharp and effective "mean reversion" entries during the ranging period of the trading sessions (between 23h and 1h GMT+2, US DST). These trades already have a very high succesrate, but if the market turns against the position, the EA will initializ

349 USD

Filter:

255

kreusch 2023.01.23 01:50 #

12847

Cristian Mihail Pauna 2022.09.23 05:20 #

Negative feedback!

821

Stanislav Gordiienko 2022.08.17 12:57 #

I have been using this adviser since mid-April, I trade with the minimum lot, the loss is $40. With some luck, you can track the moment when the balance returns to the initial one and remove this Expert Advisor from the portfolio. Stay away from this rather successful seller of non-working trading systems, sometimes he even removes his non-working systems from the market.

I have a lot of experience with trading advisors and I know what I'm talking about.

26.08.22 after more than five months I see a profit of $9. I will continue to trade with the minimum volume and watch the work of the expert . profit factor 1.01

15.06.23

this is a useless adviser, I repeat, if you are lucky, you will catch the moment when you are in a small profit, at this time you need to turn it off and forget it.

59568

Reply from developer Wim Schrynemakers 2022.08.17 13:00 #

Why would I sell non-working systems? And who would want to buy non working systems? Ofcourse I remove them if they don't work. I don't want people to buy a product that doesn't work anymore. Seems quite logical to me. Besides, Viper is doing fine for the last few months. Only April was a terrible start for the EA. AFter that, it has been quite stable. You experienced a loss on EURAUD I assume? Like me, but it didn't affect the growth much. This month is still up +4%

2882

Tetsuya Tamaoki 2022.07.23 15:08 #

Great EA, great author. If you can find a winning currency pair with the broker you are using, it will be profitable.

1017

Max 2022.07.20 13:16 #

235

Morteza Hosseini 2022.05.17 16:22 #

Good EA!

carlobb 2022.05.09 19:04 #

I purchased reaper and viper, it runs few weeks. Keep losing money, but maybe run few more months to recovery, then I change the star.

133

Bilderberg Japan 2022.04.27 12:08 #

The JPY was an unexpected move and was initially a loss, but the backtest results are very good. I operate with a real account, but it is a unique EA that trades many pairs in the early morning hours. Please continue development. with effort!

rcbarber 2022.04.21 10:07 #

Running since 6/4/22 with fixed lot size of 0.01 lots and all default settings - so far lost £193, so not going well. Lots of extremely small profits of about £0.30 each, overwhelmed by three losses of £70 when stops hit.

59568

Reply from developer Wim Schrynemakers 2022.04.21 10:09 #

It's a rough start for sure, with the JPY pairs going crazy. But these drawdowns happened in the past as well and will soon recover

akishino 2022.04.19 10:51 #

It has already exploded more than 30% of the margin since April 1st. Also, the author has removed the high-risk setting page for live results after inflating the loss. If you want to throw away your money, this is a highly recommended EA.

4/20

The author says that there are still live results, but originally there were two types of live results, medium risk and high risk.

Why did you erase it?

59568

Reply from developer Wim Schrynemakers 2022.04.26 09:23 #

live results are still there. calm down. if you lost 30%, you are running at high risk, which can have drawdowns up to 60% as explained on the product page. Calm down
26/04/: I didn't erase anything. I switched the high risk live account to medium risk. You could have asked me nicely before writing angry review

Michal 2022.04.12 21:22 #

Jeśli szanujesz swój czas i pieniądze to nie kupuj tego ! Ryzyko jest duże. W jednej parze otwiera najpierw jedno zlecenie ale na wszelki wypadek ma już ustawione kilka kolejnych do otwarcia. Jest to zwykłe martingale. Nie polecam i żałuje, że nie sprawdziłem dokładniej przed zakupem i uruchomieniem.

To all not satisfied. I was the first to warn you! Don't Buy is a waste of money and time! Maybe I was mistaken with the name martingale, but it is a net and what will lead to blowing up the account!

59568

Reply from developer Wim Schrynemakers 2022.04.13 07:11 #

this review makes no sense and is probably paid by competitor on the market! The EA is clear that is uses recovery trades in the description but they are not martingale, and limited and with SL and with controlled risk. So saying it is a simple martingale is simply a lie! Also, the backtests clearly show the same type of trading as the live results, so there should be no surprise after you bought it. And most importantly: it is making profits each day with low drawdown since the start! This person is angry because MQL5 doesn't give refunds after you used the EA. that has nothing to do with me, but he writes an angry review because of it. Shameless. Also this person was registered to MQL5 on the day he bought the EA and immediately asked for a refund. And has nobody in his contacts list. Smells like paid actor to me.

404

Anders Tsang 2022.04.08 19:23 #

There are many grid orders opened when it goes to recovery stage. So far all trades could be closed with profits.

EMOTIONS PROFIT 2022.03.31 07:36 #

this is my first time buying ea from author wim, hopefully the viper ea can provide consistent profit.

455

Sound of dawn sqd 2022.03.31 07:22 #

Regardless of whether the work is good or not, the author is very attentive, So I believe I am willing to pay for the products he made.

Version 2.2 2023.06.09

fixed newsfilter bug that caused repeating message.

RECOMMENDED UPDATE!!

Version 2.1 2023.04.19

fixed bug in date recognition

Version 2.0 2023.04.18

fixed bug of news filtering skipping too much

Version 1.90 2023.03.27

highly recommended update.
The newsfilter was not working anymore because the news website used, was blocking all MQL5 EA's.
I implemented a new news source for the news filter, so you must add this URL to the MT4's allowed URL"s: https://nfs.faireconomy.media/

Version 1.80 2023.03.13

fixed issue with trades starting on sunday

Version 1.70 2022.11.01

Version 1.7
- Added option to set minimum seconds between recovery trades (market orders), to prevent overload trades during bad pricefeed

Version 1.60 2022.06.09

Version 1.6
- Added extra check to prevent duplicate trades

Version 1.50 2022.05.19

- fixed issue when changing trading hours and disabling monday morning trading

Version 1.40 2022.04.28

Version 1.4
- Fixed the AUDCHF problem of opening on monday morning
- Fixed trades opening and closing within a second when big slippage happens
- added correlation filter parameter

Version 1.30 2022.04.24

Version 1.3
- improved USDCAD risk/reward
- improved EURGBP risk/reward
- improved CADCHF risk/reward
- improved EURJPY risk/reward
- improved AUDCHF risk/reward

Version 1.21 2022.04.14

enabled correlation filter in the parameters

Version 1.2 2022.04.13

Version 1.2
- improved EURCAD risk/reward
- improved AUDUSD risk/reward
- improved GBPJPY risk/reward
- improved GBPUSD risk/reward
- improved EURAUD risk/reward -> more grid losses will occur, but they will be much faster recovered and overal profit will be more.
- improved AUDJPY risk/reward
- added option to prevent first trade having multiple small losses in a row
- added correlation filter

Version 1.1 2022.04.03

Version 1.1
- added option to add commission cost to calculation of recovery trade exit
- added option to switch buy/sell on or off
- added option to turn on/off trading on market opening sunday night/monday morning

Description quality and completeness
Reliability and usability
User support