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.
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.
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.
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
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).
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)
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.