The starting balance was much higher than the other accounts even though this account started at higher risk in the beginning, once the drawdown was present the risk was turned down and now its trading at about 5x risk.
4914.7 pips with 2.3 pips expectancy on 1900 trades in 30 days.
10 Licenses available for FX VIPER EA. I'll be able to finish the first Commercial version this week and give access to only 10 customers. Once the software is delivered, you'll have 30 days to trade the ultimate scalper on your Real Account. You must use the selected brokers under IB Links to finalize your Account License. The Beta Testing will also end at the end of this week. Thanks you for all the participates. - https://redrhinofx.com/fx-viper-ea/ -
449 for 30 days. I am offering live support through skype where we discuss EURUSD, setfiles, and adjustments. This EA is very complex and live support will be required. It is not a set and forget trading system as my other EA's. This system also requires specific brokers , the best VPS locations, and constant revisions to the code to sustain profitability. I can only work with a small group for the time being because the amount of time involved. I also don't want a saturation of the signals ruining the performance for the participates. This system can make a few hundred trades in 24 hours and extract about 500 pips on a good day. I've never seen any other system like this before and after putting hundreds of hours into coding this project I am certain it will become the best system available to the public.
Also within the last 30 days, the system has made over 2400 trades and 7000 pips earning the beta users over $1000 in profit on 1k-2k accounts. If I had sufficient risk capital I wouldn't make the system public but I need more risk capital. I would like to trade this system on 50k of my own risk capital and the only way I can do this is by granting access to my hard work. So I've limited the number of participate to 10 traders and within 1 year I'll meet that goal.
Maybe we will see this account reach the 100% ROI. If EURUSD continues to trade within these volatile ranges the scalping will add up quickly. I still expect a more volatile trading day around the corner.
now that this is trading at 5X risk instead of 10X, what sort of drawdown are you expecting for max drawdown? Also will this EA only work well in volatile periods or will it work okay when markets are less volatile?
This account is trading back at 10x, Since the accounts have grown 100% I can now reduce risk to 5x to reduce potential drawdown. Previously while trading 0.01 lot on 1k balance I did not have that option. Peak drawdown depends on many factors,
1. what setting are we using 2. what lotsize/balance ratio did we start with 3. can the starting lotsize be reduced? Was the starting lotsize larger than 0.01 4. Are we trading all signals in both directions or avoiding the counter trend Viper Levels? 5. Are we reducing the following lotsize if existing trades already open? Does your starting balance allow this option?
The EA will work in any trading condition. A volatile day allows bigger pip gains because the moves are larger. On a slow day without big moves, the pip gains are much smaller. Today we had a good volatile move in the Asia Session which is rare but as you see below we were able to capture some big winners.
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)
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