VIPER EA 100x (stopped) -1 day100gain (By forex_trader_165856)

The user has deleted this system.

VIPER EA 100x (stopped) -1 day100gain Discussion

May 20, 2015 at 18:53
701 Views
12 Replies
Member Since Dec 04, 2010   1557 posts
Jun 01, 2015 at 04:09
very impressive performance so far
RedRhinoLab
forex_trader_165856
Member Since Dec 03, 2013   631 posts
Jun 01, 2015 at 12:45
The profits fly in and out. This day over 999 pips and 130% gain with very small trade duration. It's what fxviperEA was designed to do. I hope to finish this EA soon.
Member Since Dec 04, 2010   1557 posts
Jun 02, 2015 at 00:17
I will be your first customer:)
RedRhinoLab
forex_trader_165856
Member Since Dec 03, 2013   631 posts
Jun 02, 2015 at 14:22
Thanks @aeronthomas !! If I sold this system I think it would be a bad thing for the retail brokers. Do you remember Million Dollar Pips scalping system. I remember brokers were moving their servers to delay execution to prevent profitability. Today, already 260 trades and almost 1000 pips so it would be best to use MAM/PAMM for bulk orders and prevent flooding the mt4 servers with clients running the viper EA.

https://www.myfxbook.com/members/RedRhinoLab/fx-viper-ea-2x-risk/1260183

System has been buying EURUSD all day long but maybe about to switch to sell if EURUSD starts to drop. EURUSD still holding strong with higher lows.
Member Since Dec 04, 2010   1557 posts
Jun 03, 2015 at 00:18
I would be interested in PAMM / MAM hope with IC Markets or Global Prime. I think that Global Prime has a similar PAMM/MAM operator that they even set up a custom liquidity feed once he reached a certain volume and any LPS that were rejecting and taking too long were removed, to ensure low slippage and very fast execution.
Member Since Dec 04, 2010   1557 posts
Jun 03, 2015 at 00:41
is this 10x risk or 100x risk?
Member Since Apr 16, 2011   40 posts
Jun 03, 2015 at 00:49
Frank,
I second Global Prime too and you can set up an IB there to.
RedRhinoLab
forex_trader_165856
Member Since Dec 03, 2013   631 posts
Jun 03, 2015 at 04:54
1x was rebranded as 10x risk , so this account was rebranded at 100x.

The original 1x should be 10x risk because monthly return and drawdown can be reduced by 10 for more realistic and modest returns which investors would be happy with.

I was pushing the limits testing at 100x to see if its doable and even testing at 10x is still risky but I am improving the system to reduce drawdown while maximizing gains. We are running forward tests only and making adjustments to the strategy as well as money management are required.

Thank you for the suggestions. @ceo1 and @aeronthomas
Member Since Dec 04, 2010   1557 posts
Jun 03, 2015 at 05:19 (edited Jun 03, 2015 at 05:41)
okay thanks for that. 9.53% drawdown for 130% return is fantastic. Can't wait for strategy to be finalized. Also I notice this account has stopped updating ... was May 24th. Other viper accounts seems to be updating okay. cheers
RedRhinoLab
forex_trader_165856
Member Since Dec 03, 2013   631 posts
Jun 03, 2015 at 06:52
I'll try the 100x again in the future. I've updated this account ( no funds in the account now ) and changed the title to closed. Follow the other accounts.
Member Since Dec 04, 2010   1557 posts
Jun 03, 2015 at 07:03
okay thanks Frank
Member Since Apr 16, 2011   40 posts
Jun 03, 2015 at 07:13
Once again, thanks for your very encouraging and great work. Though you have stopped, but let me know when you are ready to trade viper at less than 10% draw down with monthly profit of 136%. Since I am already a client I presume I will be informed before @aeronthomas (only joking).
RedRhinoLab
forex_trader_165856
Member Since Dec 03, 2013   631 posts
Sep 21, 2015 at 07:48
ceo1 posted:
let me know when you are ready to trade viper at less than 10% draw down with monthly profit of 136%. (only joking).

I wish we could consistently perform to those expectations but humor is always welcome

FX Viper EA - Account Management Available with minimum investment $5000 at most ECN MT4 brokers of your choice.
No lock in periods. Transparent investment will all the freedom to do what you want with your money!

Equity Protection at 10% - All trades will automatically close
Different Risk Profiles available ( Equity Protection would adjust accordingly to your risk profile)

Performance for September
22% with 8%DD
https://www.myfxbook.com/members/RedRhinoLab/redrhinofx-fxviperea/1353586

Learn more about the trading system - https://redrhinofx.com/fx-viper-ea/
Learn more about account management - https://redrhinofx.com/1algo
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