The Viper EA MT5

The Viper EA MT5 is a powerful Forex trading robot that utilizes advanced algorithms to generate consistent profits in the market. With its sharp and effective “mean reversion” entries, this EA is designed to take advantage of the ranging periods of the trading sessions. It has a high success rate in these trades, but in case the market turns against the position, it also has a trademark recovery mode to convert unsuccessful trades into profitable ones.

Developed using live results from previous EAs as a starting point, the Viper EA has been optimized using 99.99% Tickdata on MT5, ensuring its reliability and minimizing the risk of over-optimization. It has been stress-tested with multiple random settings for all supported pairs and has passed every single test.

Key Features

• Sharp and effective “mean reversion” entries
• Trademark recovery mode to convert unsuccessful trades into profitable ones
• Developed using live results and optimized using 99.99% Tickdata on MT5
• Stress-tested with multiple random settings for all supported pairs

Supported Pairs

The Viper EA MT5 supports the following pairs: GBPCAD, GBPCHF, GBPAUD, CHFJPY, AUDCHF, EURCHF, EURUSD, CADCHF, GBPJPY, GBPUSD, AUDCAD, AUDUSD, EURJPY, USDCHF, AUDJPY, USDCAD, EURGBP, EURAUD, and EURCAD.

Recommended Minimum Balance

For running all 20 pairs, it is recommended to have a minimum balance of $500 or more. However, if you want to run a smaller account, a minimum balance of $150 is recommended when running a maximum of 4 low-risk pairs.

Setup

The Viper EA MT5 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 enable the OneChartSetup. You can choose either a fixed lot size or an automatic lot size based on balance/equity. When using all 20 pairs, it is recommended to use the Low-risk setting with a LotsizeStep of 2000 and a minimum balance of 2000$.

Backtesting

It is highly recommended to run backtests on the MT5 platform for accurate results. This allows you to test the whole portfolio at once using real ticks with variable spreads. Set the testing quality to “every tick based on real ticks” for the most reliable testing.

FAQ

Can I watch independent testing of this product?

Yes, you can watch independent testing of the Viper EA MT5 on the forexroboteasy.com website. They provide detailed analysis and updates on the results of testing this product.

Can I share my experience of using this product?

Absolutely! We encourage users to share their experience of using the Viper EA MT5. Your feedback and insights can help others make informed decisions about this trading robot.

Overall, the Viper EA MT5 is a reliable and effective tool for Forex traders. Its mean reversion strategy and recovery mode provide a high success rate and minimize the risk of losses. With its optimized settings and support for multiple currency pairs, this EA offers great potential for generating consistent profits in the Forex market.