The Viper EA for MT4 is an advanced trading robot optimized for mean reversion strategies, effective during specific market hours. It works best on pairs like EURAUD and GBPAUD, featuring a recovery mode to turn losses into profits. Supported from a $150 balance, it is backtested with high accuracy using real tick data.
Advantages of The Viper EA MT4
1. Effective Trading Strategy:
The Viper EA utilizes a “mean reversion” strategy during the ranging periods of trading sessions (between 23h and 1h GMT+2). This tactic has proven to yield a high success rate by capitalizing on market corrections.
2. Recovery Mode:
In the event the market moves against an initial trade, The Viper EA features a robust recovery algorithm that aims to turn unsuccessful trades into profitable ones, thereby mitigating potential losses and maximizing gains.
3. Optimization and Testing:
This EA was developed using data from previous EA results and optimized using 99.99% Tickdata on MT5. With comprehensive stress-testing across various settings for all supported pairs, the risk of over-optimization has been significantly reduced.
4. Easy Setup and Operation:
The Viper EA does not require complex set files to operate; all pairs are pre-optimized with internal settings. Users simply need to run the EA on a EURUSD M15 chart and enable the OneChartSetup for their selected pairs.
5. Flexible Risk Management:
The EA allows for a customizable risk approach. Traders can choose from a low, medium, or high-risk configuration based on their balance, ensuring broad accessibility for various trading styles and account sizes.
6. Comprehensive Backtesting Capabilities:
For those looking to evaluate the EA’s performance, it is highly recommended to conduct backtests on the MT5 platform. This enables users to test the entire portfolio at once with real tick data, providing reliable insights into potential live trading performance.
7. Broad Compatibility:
The Viper EA supports a wide range of trading pairs including EURAUD, GBPAUD, GBPCHF, EURCHF, AUDCAD, and AUDUSD, making it suitable for diverse trading preferences.
8. Live Monitoring:
The performance of The Viper EA can be monitored live through its designated links, ensuring transparency and allowing traders to track their investments in real-time.
9. Current Promotional Pricing:
With limited copies available for $349 before the price increases to $449, now is the perfect opportunity to adopt this advanced trading tool.
Note: The Viper EA is currently recommended for specific pairs and is backed by positive user experiences and robust design. Ensure you check the links for additional details on setup and operational guidelines.
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