Venom Straddle AI
- Experts
- Version: 3.20
- Activations: 5
Venom Straddle AI
A precision breakout straddle EA for XAUUSD, built around capital protection first and profit second.
⚠️ This EA requires a valid License Key to operate. A unique key is issued per account upon purchase. Without activation, the EA will not run on a live or demo account.
What It Does
Venom Straddle AI places a pair of pending orders — one Buy Stop above price and one Sell Stop below — at the start of each new bar. It catches whichever direction gold breaks out, then immediately cancels the losing side. Once in a trade, an aggressive two-phase trailing stop locks in profit and protects your capital while letting winners run.
Key Features
⚡ Straddle Breakout Engine
Places symmetric Buy Stop and Sell Stop orders around the current price. The moment one is triggered, the opposite is deleted automatically — no double exposure.
🔒 Immediate SL Snap (Phase 1)
The instant the trade shows any profit at all, the stop loss is snapped tight to within 10 pips of the current price. You almost never give back a winning trade.
📈 Two-Phase Trailing Stop (Phase 2)
After the snap, a configurable step trail takes over — riding the move as far as the market will take it, adjusting the SL step by step behind price.
🛡️ Daily Loss Limit
If your account drops by a set percentage in a single day, the EA pauses itself completely. It resumes fresh the next trading day automatically.
🎯 Daily Profit Target
When your daily profit goal is reached, the EA stops trading for the rest of the day — locking in gains and preventing overtrading.
🔁 Auto-Reset Each Day
At the start of every new trading day, the balance snapshot is refreshed and all daily limits are reset. Fully autonomous, no manual intervention needed.
🔑 License-Protected & Account-Bound
Each copy of Venom Straddle AI is tied to a single account number via a unique license key. The EA will not initialise without a valid key on live or demo accounts — protecting your investment and ensuring only authorised users can run it.
🧪 Strategy Tester Ready
License verification is bypassed in the Strategy Tester so you can backtest freely before committing to a live deployment.
🎨 Visual Order Labels
Buy and Sell pending orders are colour-coded on the chart for instant visual clarity.
Input Parameters
| Parameter | Default | Description |
|---|---|---|
| Lot Size | 0.10 | Trade volume per straddle leg |
| Entry Distance (pips) | 30 | How far above/below current price the pending orders are placed |
| Initial Stop Loss (pips) | 60 | Hard stop loss distance from entry price |
| Take Profit (pips) | 60 | Take profit distance from entry price |
| Trail Start (pips) | 10 | Minimum profit (in pips) before the trailing stop activates |
| Trail Step (pips) | 10 | How closely the trailing stop follows price once active |
| Buy Order Label Color | Blue | Chart colour for the Buy Stop order label |
| Sell Order Label Color | Red | Chart colour for the Sell Stop order label |
| Auto-Start | true | Set to true for Strategy Tester; controls whether the EA starts trading immediately on attach |
| Daily Loss Limit (%) | 10.0 | Maximum allowed daily drawdown as a % of balance before the EA pauses |
| Daily Profit Target (%) | 20.0 | Daily profit goal as a % of balance — EA stops trading once reached |
| License Key | (required) | Mandatory activation key issued per account upon purchase. Contact the developer after payment to receive your key. The EA will not run without it on live or demo accounts |
Recommended Use
- Symbol: XAUUSD (Gold)
- Best sessions: London open & London/New York overlap (07:00–16:00 GMT)
- Timeframe: M15 or H1 recommended for cleaner breakouts
