You can find the answer you want here. We have compiled a list of frequently asked questions and if you still can’t find the answer on this page, don’t hesitate to contact us 24 hours a day.
You don’t need any trading knowledge to be able to use our system because more than 90% of novice traders will lose if they lack trading experience. We therefore developed this program as a tool to assist in trading.
The VenomEA system will trade scalping or short trades to collect profit and focus on closing the profit within the day. The system will trade in the early morning, depends on which currency pair signals will be available and trade 3-5 per day by using the Price Action strategy as a condition for entering trades and not using any indicators.
Of course not, because the EA will have SL/TP for every order. There is a system to cut losses and no long-haul until reach a margin call. VenomEA will not use the strategies that broke the port like Martingale or double lot system or different types of order fixing system. You are able to know the profit and loss within the day with no overnight trading.
Of course, because we use a system that cuts losses which may be hit on some of the bear market sometimes. This is normal, but our system now has a win rate of more than 80% +, it has a chance of retrieving it as long as we have the remaining capital to trade.
It would say 100%, you can leave it to work but maybe we will have some control on some days. That means the team may have a manual shutdown in cases that are satisfied with the profit on that day. They may close by themselves before being hit by TP or SL (no customers’ action required).
If you encounter strong news during the opening of the market around 4-5 am, we recommend that you should close to avoid the news to prevent surges in the graph that occurs rarely. We will handle it for you (no customers’ action required).
It depends on the system. For VenomEA, it will open an order in the early morning (If there is a signal) and will trade every Tuesday to Friday. On Monday, there is no trading because it prevents the occurrence of GAP during the market opening hours in order to reduce the possible risk.
Primarily, 1. EA owners runs and uses it by themselves with actual funds. 2. There is Myfxbook history to track the past and running works (Run a test for more than 3 years). This system is such a effective so we would like to introduce to the customers because we understand that manual trading that new to the market are still not profitable.
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