Overview


Tired of overpriced robots that promise the moon but underdeliver? Meet Venom EA V1.0 MT4, the free forex EA from YoForex that’s all about slicing through market noise—coz nobody’s got time for random drawdowns, right? Built on tried-and-true momentum algorithms and layered with YoForex’s signature risk management, Venom EA hunts high-probability setups on the M15 and H1 charts. It’s fully back-tested on 10+ major currency pairs and has been live-verified under real market conditions by YoForex’s in-house traders. You’ll see entry signals triggered by a combo of volatility filters and trend-confirmation logic, so each trade is both swift and precise.


Plus, Venom EA requires just a $100 minimum deposit, making it perfect for newbies and pros alike. And yes—this baby’s completely free to download! Whether you’re a total beginner (check our Beginner Guide) or a seasoned algo-trader browsing our EA Collection, Venom EA slots right into your MT4 setup with zero fuss.


Key Features



  • 1–2% Daily Target: Steady growth without chasing risky martingale schemes—drawdown capped at 5%.

  • No Martingale: Pure position sizing and fixed lot logic to preserve capital.

  • Multi-Pair Support: EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, NZD/USD, EUR/GBP, EUR/JPY.

  • Timeframes: Optimized for M15 & H1 charts—keeps you in sync with intraday momentum.

  • Adaptive Volatility Filter: Auto-adjusts entry thresholds based on ATR readings.

  • Trend Confirmation: Dual-moving average cross plus RSI filter to avoid whipsaw markets.

  • Breakout Detection: Volatility breakout scanner for early entries after consolidation.

  • Smart Stop-Loss & Take-Profit: Dynamic SL/TP levels based on recent swing highs/lows.

  • Low Resource Footprint: Lightweight code means no MT4 lag, even on low-spec VPS.

  • One-Click Install: Drag & drop into MT4/Experts folder—no coding skills needed.



Backtest Results & Proof


We ran Venom EA V1.0 MT4 on EUR/USD from January 2023 to December 2024, using a $1,000 starting balance and fixed 0.1 lots. Over 24 months, the equity curve climbed steadily—netting +45% annualized returns with a max drawdown of just 4.8%. Sample size: 1,250 trades across different pairs, highlighting robustness across market regimes.


On live accounts monitored by YoForex’s team, Venom EA has maintained similar performance: averaging +1.2% monthly gains with drawdowns below 6%. Compared to hedge-grid or martingale bots, Venom keeps risk tight and clearly defined—perfect if you don’t wanna sweat every market spike.



How to Install & Configure



  1. Download the EA file from the official page: Download Venom EA.

  2. Copy VenomEA.ex4 into your MT4’s Experts folder (File → Open Data Folder → MQL4 → Experts).

  3. Restart MetaTrader 4 to load the new EA.

  4. Drag & Drop Venom EA onto your chosen chart (M15 or H1).

  5. Apply Recommended Settings:

  6. Lot Size: 0.1 (for $1,000 balance)

  7. Max Drawdown (%): 5

  8. Trade Start Hour: 0–23 (defaults)

  9. Enable Alerts: true

  10. [Screenshot of MT4 settings panel]
    Alt text: Annotated MT4 settings panel showing Venom EA parameters.

  11. Enable Auto-Trading (press the “AutoTrading” button).

  12. Sit back and let Venom detect and execute trades—simple as that!


Why Choose YoForex-Powered Tools?


YoForex isn’t just another EA creator; we’re a trading community with 25+ expert developers and real-money traders backing every release. All our EAs—including Venom—are 100% free, regularly updated, and battle-tested in live accounts. You’ll get ongoing optimizations, new strategy add-ons, and dedicated docs…all without paying a dime. Unlike shady vendors, YoForex thrives on reputation, so your success is literally in our best interest!


Read more about our mission on the About Us page.


Support & Disclaimer


If you hit any bug, have a question, or need help tweaking the settings, ping us on WhatsApp at https://wa.me/+443300272265 or join our Telegram group (https://t.me/yoforexrobot). Our support crew is standing by 24/7, so you’re never trading alone.


Disclaimer: Past performance is no guarantee of future results—markets change, so always demo-test Venom EA before going live. Trade responsibly and never risk more than you can afford to lose. YoForex and its affiliates assume no liability for trading losses.


Call to Action


Ready to crush it with Venom EA V1.0 MT4? Grab your free copy now and experience precision algo-trading without spending a penny. Don’t wait—download, install, and start profiting today. Unlimited support awaits on WhatsApp & Telegram, so you’ll never be left hanging!