What is The Viper EA?
The Viper EA is Expert Advisor uses sharp and effective “mean reversion” entries during the ranging period of the trading sessions (between 23h and 1h GMT+2, US DST), work on Meta Trader 4 platform. 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.
Vendor website: https://www.mql5.com/en/market/product/79114?
Original price: $149
ForexEAsMall price: $17 (you save 90%)
Key Takeaways:
- The Viper EA is an Expert Advisor that utilizes mean reversion entries during specific trading sessions and has a trademark recovery mode for unfavorable market conditions.
- It is recommended to run the EA on a EURUSD M15 chart, enable the OneChartSetup, and set the pairs to be used, with options for fixed or automatic lot sizes based on account balance.
- Currency pairs recommended for trading include EURUSD, EURAUD, GBPAUD, GBPCHF, EURCHF, AUDCAD, and AUDUSD, with minimum deposit requirements based on the number of pairs traded.
The Viper EA Setting / Feature
- Used on platform: MetaTrader 4
- Currency pairs: EURUSD, EURAUD, GBPAUD, GBPCHF, EURCHF, AUDCAD and AUDUSD.
- Time frame: M15.
- Minimum deposit: 150$ max 4 pairs (For 20 pairs: minimum deposit: 2000$).
- 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.
- 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).
Backtest the Viper EA from Forex EAs Mall
The Viper EA Review
How to install and run the The Viper EA Trading Bot in Metatrader 4?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the The Viper EA V2.2.ex4 file here
- Then close and restart the MT4 platform
- Attach the Expert Advisor to the chart
Now, you are ready to start using the The Viper EA V2.2 NoDLL BONUS Setfiles!
How to setup EA:
- 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.
EA setup instructions are attached to the download file.
The Viper EA Download
Link download The Viper EA V2.2 NoDLL BONUS Setfiles will be sent to your email after purchase.
+ Expert :
- The Viper EA V2.2.ex4
- Unlimited / NoDLL / Build New Version
- Free 1 Year Updates
Payment
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Check EA on Demo Account:
- The product does not guarantee profits and demands resilience, patience, and a positive attitude in forex trading.
- Before use, please test the EA on a demo account first.
- Profits are not guaranteed, and for success, risk management, emotional control, and a steadfast attitude are crucial.
Please test in a demo account first for at least a week. Also, familiarize yourself with and understand how this EA works, then only use it in a real account.
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