Zenvo

Overview of Zenvo

Zenvo EA is an open and fully automated multi-currency trading system. It is designed to be user-friendly and highly efficient, making it a popular choice among traders. This system is not based on grid, martingale, AI, or neural networks, which sets it apart from many other trading robots.

Key Features

• Multi-Currency Trading: Zenvo EA supports multiple currency pairs, allowing traders to diversify their portfolios.
• Fixed Stop Loss: Each position always has a fixed stop loss, ensuring that traders can manage their risk effectively.
• Full Deal Tracking: The system provides full deal tracking, even if a position is in a drawdown.
• Market Volatility Filter: This feature helps in finding the most accurate market entries by filtering out high volatility periods.
• Adaptive Algorithm: The algorithm adapts to the conditions of your broker in real-time, including spreads, delays, slippages, and market gaps.

Trading Strategy

Zenvo EA employs a forward optimization algorithm (FOA) to identify current market patterns. This means that the system is continuously updated to adapt to market changes. The algorithm trades in the evening after 18:30 broker time, utilizing a market volatility filter to find the most accurate entries.

Safety Mechanisms

• Large Spread Protection: The system is protected from large spreads, ensuring that trades are executed at optimal prices.
• Strong News Protection: Zenvo EA avoids trading during significant news events like NONFARM and FOMC to prevent slippages.
• Virtual Profit Tracking: This feature hides the system's behavior from the broker, making it harder for the broker to manipulate trades.
• Modern Hacking Protection: The system uses advanced protection mechanisms to safeguard against hacking attempts.

User Reviews

Zenvo EA has received mixed reviews from users. Some users have praised its performance and the support provided by the author, while others have criticized it for having a large stop loss, which can lead to significant losses in a few consecutive trades.

• Positive Review: "With Zenvo EA, Anton has created a very good EA which is showing good results in the first trading week. The results are identical with backtest. Support in general is very good and he is answering questions fast and concrete. The private group is helpful." 😊
• Negative Review: "A very large stop loss, the account is burned with a few consecutive losses." 😞

Recommendations

Zenvo EA is recommended for traders who are looking for a safe and adaptive trading system. It is best used with a good RAW/Pro/ECN broker and a VPS running 24/7 to ensure optimal performance. The system's adaptive lot size calculation may face issues with low leverage accounts, so it is advisable to use accounts with higher leverage. Overall, Zenvo EA offers a robust and adaptive trading solution with several safety mechanisms to protect traders from market volatility and broker manipulations. However, it is essential to use it with caution and monitor its performance regularly.