Golden Viper
- Uzmanlar
- Sürüm: 1.22
- Etkinleştirmeler: 5
Golden Viper EA is a gold grid Expert Advisor for MetaTrader 5. It trades XAUUSD only and is built for hedging CENT accounts. It is a grid system with NO stop loss: please read the risk section before you buy.
How it works
- Direction is chosen once, when a basket starts: price above the H1 EMA50 starts a buy basket, below it starts a sell basket.
- Level 1 opens 0.01 lot. If price moves against the last entry by a set distance, the next level opens with 0.01 lot more (0.01, 0.02, 0.03 ...). The lot grows by a fixed step, not by a multiplier.
- The distance to the next level comes from an editable table of dollar steps (1 to 5) that repeats.
- All positions of the basket share one take-profit at the average price plus or minus 10 dollars (1 to 5 levels) or 5 dollars (from level 6).
- When the basket closes, a new one starts. One basket at a time.
- There is NO stop loss. By default the number of levels is unlimited.
- Monday start 02:00 and Friday close-all 20:30 (server time). Closing on Friday can lock in a large loss.
- Optional news filter (off by default, works on live and demo charts only, not in the Strategy Tester) and optional equity stop in percent (off by default).
- On-chart dashboard with Overview, Basket, News and Setup tabs, plus Pause / Resume and Exit All buttons.
Requirements
- MetaTrader 5 HEDGING account. On a netting account the EA refuses to start.
- Designed around a cent account with a 1,000 dollar start (100,000 cents). On a standard USD account the same lot sizes carry about 100 times more dollar risk and this is not recommended.
- XAUUSD chart, any timeframe. Enable Algo Trading. A VPS is recommended.
Important risk information
- A grid without a stop loss can build a large floating loss while price keeps moving in one direction. A drawdown can wipe out the account.
- Simulated results (Strategy Tester) are not live results. Past performance does not guarantee future results.
- Trade only with money you can afford to lose.
Support: use the comments / chat on this product page.
