Such an incredibly versatile robot. I'm currently using it with modified settings as well. Looking forward to reviewing the set files. Thank you for the video!
@eatradingacademy loaded the set file and ran a back test on about 20 pairs in my marketwatch. Much different results though. Not sure if the set file was slightly different than the screenshot you posted in the video? I'm going to try to review it more closely to see why there's such discrepancy
Matt, you're a wizard ! I'm using this on 2 MT5 accounts (3.5K each) and I am watching closely the possibility to scale it up. Great work mate. Particularly the risk control.
@@adamvargas5697 It's still working fine. The link brings you to a little procedure to EA Academy website that you have to complete. In shorts it looks like a sale at 0 cost. You have to go through the check out procedure but you will not be charged a penny. They will, of course , ask for email and name...the barest minimum in exchange for their work. Go through the check out procedure and the download link will be delivered. At 0 cost.
I back tested first 5-6 instruments that you suggested on the SET files(EURUSD, XAGUSD, AUDJPY, EURCHF etc.) and surprisingly all of them blew the account at some stage. My backtest started from 2020 to till date and the initial amount that I chose was 3000USD with the latency equal to my broker's. Not sure if I am doing something wrong.
How do you make multiple variations of the Dark Venus EA such as what is shown at 44 seconds of this video? Also how do you know if the set files are loaded properly?
Once you change the settings in the properties, you can save them as a set file, to load later. You know the set file is loaded when the settings match those of your set file, which you can open in Notepad.
Hi Matt, I'm testing this bot now with your SET FILES and it has been very profitable in the last 4 days. Could you provide more information about using this bot on a funded account from a prop firm.
very useful video thanks. I just have one question... in the video where you examine the top 3, "up trend buy down trend sell" is set in the settings, while "sell above and buy below" is set in the settings of the top 3 included in the challenge. what setting should we put?
Great question @Samuelclemente4947. I tested a lot of the variables but not all of them. I found a set that works quite well and has low drawdown. Perhaps you and I could test it to see which results we can achieve? And please do ample testing until you're happy with the results to move forward.
How to download this E.A. ? When I click on the "download" button of the MQL5 webpage it tries to open MT4 and does not give the files to download the E.A. How to proceed please?
You need to create an MQL5 account. You also need to install MT5 from a broker. When you download and run the setup for the EA, it will ask where you want to install it, and you select the MT5 of your choice, if you have more than 1. Then, once installed, you'll need to use your MQL5 credentials to activate it on your platform
We rely more on forward testing, by trading it on a demo account. We're running it on several assets, for better risk diversification, so even if one currency starts losing, the others hopefully compensate
@@eatradingacademy That was not my question ;), or maybe you don't want to answer and you just try to blow my mind I'm talking about grid trading, with Dark Venus here. I know we have to use a portfolio of bot. So you mean you rely on forward tests with demo account. And you don't backtest your strategies to find good parameters ? lol How do you choose one strategy to run on demo then ? By the way, in grid trading, even if you minimise the risk by creating a portfolio, every single strat can blow your account, unless you have a general Stop Loss, which is rarely the case in grid. I checked your MyFxbook, and your strat EUR CHF has probably blow your account by now. Your equity was 4k 2 days ago. With the today move of EUR CHF you must be Margin call. Isn't it ? Or you just want to hide it.
Hi Looks great and nice video and report well done. Will the set files work on MT4 as well please? I have downloaded them but they dont seem to change anything on MT4
@@julianlambe-z2x Hello, you could open a Demo MT5 account, and the free Dark Venus robot, load the set file onto it, and compare with the MT4 copy of Dark venus settings, then save as the .set file for MT4. We could do that too and save it in the description.
Does somebody know why it keeps closing my grid orders before take profit and its only grid orders, not the first one that was added. Close mode is on FIX, I'm not using any stop equity or loss amount, not using closing on indicator, and its not a time filter problem. Can someone please help me! Sometimes the profit its smaller than commission.
I backtested with and without the time filter, and achieved slightly better without the time filter. Someone suggested to use the time filter according to Singapore timezone, so I tested for that.
Hello sir I have registered for your free course and I have received an email with two links, one to download a file and other one takes me to your website and I have watched the shot video about the course and read all the benefits to get but I really don't know what to do again or where to start the course please can you direct me thanks.
hello, i;ve downloaded the setfile but it is not changing the settings when being loaded, can you please check if you can give the exact setfile for the settings your using ?
You need to have MT5 installed on your VPS. From your VPS, open a browser and go to the MQL5 Marketplace. When you download the EA from MQL5 Marketplace, it will ask you which platform you want to install it on. Select the MT5 platform. Then you will need to put in your login details that you use for MQL5, and the EA should work
It's done in the properties of the EA. if your trades open at 0.1 after setting them up with 0.01, it could be that 0.1 is the minimum lot size the broker allows. Check the journal to see if there's any information in there.
sure thing, so that's $100 right? I advise to always start smaller, and see how the results go for a few months before scaling. Results may look good for a month or 2, build your confidence up, then the market will turn and the robot may not be ready for it. And starting with the lowest, 0.01 is a good place to start, as the losses can build quickly with more than that, depending on the multiplication factor, and grid levels etc. So keep the multiplication factor low, lower than 1.5. Test multiplication factors on backtests to see how it works for your broker. Remember to properly download the history before backtesting each chart. Petko has a video on this. And I would look at only running 1,2 or 3 charts initially to see how they perform and keep your currency diversification spread across varied pairs, and not too heavily attached to one currency. This is why we make our results public, to save you time, and give you a sneak peak into what real traders are doing. Here's a link to our FXBlue analytics to help you see which charts you'd like to run www.fxblue.com/users/dark_venus_extensive/analysis
The EA, as far as I know, does work, however it blew our account. But, the reason was just 1 pair - XAGUSD that caused the losses. The others did well. It's a free EA, so I'd recommend installing it onto a demo account for a while and check for yourself
There is no pdf. In the zip file, there is a set file and a text document. I have just downloaded the file to test, and everything is right. Please try again.
Make sure you've enabled algo trading before the placing the EAs onto the chart. You should see a top hat in the top right hand corner. If it's still not opening trades, have a look at the journal for any errors
Such an incredibly versatile robot. I'm currently using it with modified settings as well. Looking forward to reviewing the set files. Thank you for the video!
Absolutely! Very very versatile. How are you going with it @bigrichglynn24 ? And I hope the set files work wonders for you too.
@eatradingacademy loaded the set file and ran a back test on about 20 pairs in my marketwatch. Much different results though. Not sure if the set file was slightly different than the screenshot you posted in the video? I'm going to try to review it more closely to see why there's such discrepancy
@@eatradingacademy I dont see the set file from your link. Any chance to make it happen? Thanks for the great work.
@@bigrichglynn24 The myfxbook account has completely blown after 2 months of profitability?
Nice job on your video, Matt. Thanks.
Matt, you're a wizard ! I'm using this on 2 MT5 accounts (3.5K each) and I am watching closely the possibility to scale it up. Great work mate. Particularly the risk control.
@gungho57, how did you get the set files, I downloaded from link given in the description but no set files are included?
@@adamvargas5697 It's still working fine. The link brings you to a little procedure to EA Academy website that you have to complete. In shorts it looks like a sale at 0 cost. You have to go through the check out procedure but you will not be charged a penny. They will, of course , ask for email and name...the barest minimum in exchange for their work. Go through the check out procedure and the download link will be delivered. At 0 cost.
How is going?
Hi Matt. On your BlackBull demo account what type account is it? Is it ECN, standard, Pro etc?
Welcome Matt, Great presentation🤟
Thanks very much @andy1- I look forward to bringing you more good news and helpful tips and robots in the future. Warmly, Matt
Hi Matt, on your FX Blue results of the top3darkvenus. I see in the stats that your trading with 14 symbols, so are you not testing the top 3 only?
I back tested first 5-6 instruments that you suggested on the SET files(EURUSD, XAGUSD, AUDJPY, EURCHF etc.) and surprisingly all of them blew the account at some stage. My backtest started from 2020 to till date and the initial amount that I chose was 3000USD with the latency equal to my broker's. Not sure if I am doing something wrong.
had the same result, and was curious about this
Thanks for publishing your results and settings! If you want a stop loss setting for a prop firm that requires it, where do you set that?
Hi WesGrayClan, This can be changed in the TARGET SETINGS in the EA's properties
How do you make multiple variations of the Dark Venus EA such as what is shown at 44 seconds of this video? Also how do you know if the set files are loaded properly?
Once you change the settings in the properties, you can save them as a set file, to load later. You know the set file is loaded when the settings match those of your set file, which you can open in Notepad.
Hi Matt, I'm testing this bot now with your SET FILES and it has been very profitable in the last 4 days. Could you provide more information about using this bot on a funded account from a prop firm.
Very good presentation. Is it possible to download a copy of the backtesting report ? It would be interesting to learn more about the way you work.
Hi skisjakk5105, a summarised version is included in the download of the set files
What an awesome video!. can we please have the list of the 22 currencies you picked for trading?
Everything is in the Notepad file included in the zip file with the set files. The link is in the video description.
very useful video thanks. I just have one question... in the video where you examine the top 3, "up trend buy down trend sell" is set in the settings, while "sell above and buy below" is set in the settings of the top 3 included in the challenge. what setting should we put?
Great question @Samuelclemente4947. I tested a lot of the variables but not all of them. I found a set that works quite well and has low drawdown. Perhaps you and I could test it to see which results we can achieve? And please do ample testing until you're happy with the results to move forward.
Hi Matt, the coefficient is .5 in the setfile but in the video its 1 which one is correct?
0.5
I just notice the account in my myfxbook has been blown up?
Yeah, rip. use smaller lot sizes or remove the high risk pairs.
Yes, after an analysis, we saw it was just one asset - XAGUSD (Silver) that caused the account to blow.
@@eatradingacademy gold and silver are account killers
Hi Matt! Is it possible to limit this bot even more so that it works on Prop Firms (4-5% a day max risk?
How to download this E.A. ? When I click on the "download" button of the MQL5 webpage it tries to open MT4 and does not give the files to download the E.A. How to proceed please?
You need to create an MQL5 account. You also need to install MT5 from a broker. When you download and run the setup for the EA, it will ask where you want to install it, and you select the MT5 of your choice, if you have more than 1. Then, once installed, you'll need to use your MQL5 credentials to activate it on your platform
Hello
On how many years you do your backtest ? On which Data ?
EUR CHF is going bad for you apparently at the moment
We rely more on forward testing, by trading it on a demo account. We're running it on several assets, for better risk diversification, so even if one currency starts losing, the others hopefully compensate
@@eatradingacademy That was not my question ;), or maybe you don't want to answer and you just try to blow my mind
I'm talking about grid trading, with Dark Venus here. I know we have to use a portfolio of bot.
So you mean you rely on forward tests with demo account. And you don't backtest your strategies to find good parameters ? lol
How do you choose one strategy to run on demo then ?
By the way, in grid trading, even if you minimise the risk by creating a portfolio, every single strat can blow your account, unless you have a general Stop Loss, which is rarely the case in grid.
I checked your MyFxbook, and your strat EUR CHF has probably blow your account by now.
Your equity was 4k 2 days ago. With the today move of EUR CHF you must be Margin call.
Isn't it ? Or you just want to hide it.
How can you make this EA distinctive for prop firms. So we as users don’t make the same trades on the same prop firm trading platform?
Hi Looks great and nice video and report well done. Will the set files work on MT4 as well please? I have downloaded them but they dont seem to change anything on MT4
Hi user-gi4ug4ot9l, the set files are for MT5 only
Hi is it possible to get a screen shot of the changes or let me know what parameters have been changed so I can do the same on mt4 please.
@@julianlambe-z2x Hello, you could open a Demo MT5 account, and the free Dark Venus robot, load the set file onto it, and compare with the MT4 copy of Dark venus settings, then save as the .set file for MT4. We could do that too and save it in the description.
send me your email. I read out the mt4 set using the editor and converted it.
@rodi6661 thanks mate I've just downloaded mt5 and done screenshot of the settings. Thanks for the offer.
"This page doesn't seem to exist." When I click on the: Download the set files we're using in our testing account
blowed my demo account after 3 months
Do I just need to import the set files for each time frame and leave it as it is or do I need to manually change the magic number too?
You'll need to change the magic number in the EA properties when you load the set file
Why? And to which number? 8501 etc? or just 1?@@eatradingacademy
Nice work! So i have had it running for a week or so, I deleted precious metals( too volatile for me), and I have similar numbers to yours.
hows it going now ?
what do you mean by you deleted precious metals ?
@@ashendekhi quite similar to the results posted
@@ashendekhi gold
Could I use GER40 instead of GER30 if my broker doesn't offer the latter?
Yes, Dark Venus trades on GER40 as well, so you can!
Amazing stuff Matt! Please could explain how to attach these set files to Mt4? I can't work it out...Thanks!
I was confused on this to, but looking at "@user-gi4ug4ot9l" comments below, it looks like the set files are only for MT5
Ok I'm confused again, I guess you can use it on MT4 and MT5....but I'm still having trouble getting the set files?
@@adamvargas5697 Thanks Adam...trying MT5 today
Does somebody know why it keeps closing my grid orders before take profit and its only grid orders, not the first one that was added. Close mode is on FIX, I'm not using any stop equity or loss amount, not using closing on indicator, and its not a time filter problem. Can someone please help me! Sometimes the profit its smaller than commission.
Please contact the developer to assist
what is the start hour and stop hour ? you put in the file : start hour = 0, stop hour = 9 ?
This is the times you want the EA to trade, so if you only want it to trade during a particular session, this is where you would adjust it
@@eatradingacademy i know this Alphabet, why btw 0 and 9? Any reason?
I backtested with and without the time filter, and achieved slightly better without the time filter.
Someone suggested to use the time filter according to Singapore timezone, so I tested for that.
What is the best pair ?
It depends on market conditions. We keep the EA on a demo account on all pairs, and monitor their performance
Hello sir I have registered for your free course and I have received an email with two links, one to download a file and other one takes me to your website and I have watched the shot video about the course and read all the benefits to get but I really don't know what to do again or where to start the course please can you direct me thanks.
Please send us an email or connect via the "contact us" section on the website for more support.
I like free EA 😁
No set files on the page ?
A link to the set files is included in the video description.
hello, i;ve downloaded the setfile but it is not changing the settings when being loaded, can you please check if you can give the exact setfile for the settings your using ?
The set file is for MT5 only, it won't work with MT4. Please ensure you're using MT5, and all should be good
Matt what is the minimum amount you can trade on this ea
It would depend on the broker, leverage, trading fees, number of charts. Try a few demo accounts with small balances to see how it will perform
have u deployed it in prop firm acct?
No, because it's a grid system, we don't use on prop accounts
Sir . I can't download this ea in my vps . Why? Not free ea ?
You need to have MT5 installed on your VPS. From your VPS, open a browser and go to the MQL5 Marketplace. When you download the EA from MQL5 Marketplace, it will ask you which platform you want to install it on. Select the MT5 platform. Then you will need to put in your login details that you use for MQL5, and the EA should work
I am fixing lots size 0.01 when i starting trade robot putting trade 0.1 please help how i decrease lots size
It's done in the properties of the EA. if your trades open at 0.1 after setting them up with 0.01, it could be that 0.1 is the minimum lot size the broker allows. Check the journal to see if there's any information in there.
Hi Matt, please could you advise how to choose risk management for a cent account, how to choose the first lot size for 10,000 cents? Thank you
sure thing, so that's $100 right?
I advise to always start smaller, and see how the results go for a few months before scaling. Results may look good for a month or 2, build your confidence up, then the market will turn and the robot may not be ready for it.
And starting with the lowest, 0.01 is a good place to start, as the losses can build quickly with more than that, depending on the multiplication factor, and grid levels etc. So keep the multiplication factor low, lower than 1.5. Test multiplication factors on backtests to see how it works for your broker. Remember to properly download the history before backtesting each chart. Petko has a video on this.
And I would look at only running 1,2 or 3 charts initially to see how they perform and keep your currency diversification spread across varied pairs, and not too heavily attached to one currency.
This is why we make our results public, to save you time, and give you a sneak peak into what real traders are doing. Here's a link to our FXBlue analytics to help you see which charts you'd like to run www.fxblue.com/users/dark_venus_extensive/analysis
@@eatradingacademy Thank you very much Matt
hi there sorry to ask you this im new to traiding and im not sure about a trading journal
The journal is a tab under your trade window. When you click on it, you can then right click and export it
Link not working for set files.
I agree
Hoping Matt sees this
pls ... why its not working with me .... i test the program . but i real dont work
Please try in different pairs if you haven't. Try to change the settings a little bit and see what works best for you!
Can you pls share the fxblue link pls
www.myfxbook.com/members/mattymatt/dark-venus-extensive-test-3000/10600093
Does this work on mt4?
You can download the MT4 version, however the set fil provided is for MT5 only.
Hi matt is this still working today ?
The EA, as far as I know, does work, however it blew our account. But, the reason was just 1 pair - XAGUSD that caused the losses. The others did well. It's a free EA, so I'd recommend installing it onto a demo account for a while and check for yourself
Did it crash last week?
Yes, after an analysis, we saw it was just one asset - XAGUSD (Silver) that caused the account to blow.
The set files are not included in the download just the instructions and a corrupted PDF. Where can I get the set files?
There is no pdf. In the zip file, there is a set file and a text document. I have just downloaded the file to test, and everything is right. Please try again.
I dunno what i'm doing wrong but it just wont start trading .
Make sure you've enabled algo trading before the placing the EAs onto the chart. You should see a top hat in the top right hand corner. If it's still not opening trades, have a look at the journal for any errors
this account is down to 300 dollars
Yes, after an analysis, we saw it was just one asset - XAGUSD (Silver) that caused the account to blow.
The account just had a big loss
Yes, after an analysis, we saw it was just one asset - XAGUSD (Silver) that caused the account to blow.
Total loss! As stated in mybookfx. Thanks anyway 🙏
Yes, after an analysis, we saw it was just one asset - XAGUSD (Silver) that caused the account to blow.
@@eatradingacademy wasn't it EUR/CHF? It shows a loss of 10k on that pair.