Review – EA ForexVentureBot

ForexVentureBot robot

forexventurebot ea

 

“Forex Venture Bot” is forex robot developed by Blake Thompson, Works on EURUSD forex pair. Timeframe: H1

 

Forex Venture Bot avoids unsafe trading methods: no grid and no martingale.  It also is FIFO compliant and does not hedge.

ForexVentureBot “Myfxbook Statement”
Real (USD), Synergy FX, Technical, Automated, 1:100 , MetaTrader 4

SETTINGS: 

MoneyManagement – Setting this to true will enable the money management feature of ForexVentureBot. Setting this to false, will disable money management and will enable the use of fixed lots.
Lots – If MoneyManagement is set to false, ForexVentureBot will use the number of lots entered for this parameter for every trade. For instance if MoneyManagement is false, and Lots is set to 0.5 lots, every trade will open with 0.5 lots.
RiskInPercent – If MoneyManagement is set to true, ForexVentureBot will automatically decide the number of lots based on the value set as the percentage. For instance if MoneyManagement is true, and RiskInPercent is set to 5, every trade will automatically open with a max risk of 5%.
MaxSlippage – If the slippage of the broker exceeds this amount, ForexVentureBot will not allow the trade to commence and the trade will not be opened. Comment – This allows for you to change the comment that is displayed under the comment section in your account history and your live trades.
This has no effect on the trading of ForexVentureBot and is only for your own reference.
MagicNumber – Allows ForexVentureBot to identify its own trades. This also allows for ForexVentureBot to coexist with other EAs on the same account.

 

forexventurebot-example strategy

 

Package contain:

– ForexVentureBot EA.ex4

– Forex-Venture-Bot.dll

– Forex-Venture-Bot-Manual.PDF (User Guide)

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– Your personal license will cover one demo account and one “live” account.
– It will never expire and there are NO “monthly fees” or any other recurring charges for use

File type and requirements:

-This is a digital item! (Download link – zip file)
-You will Need: MetaTrader 4.0 platform.
– The files you’ll get is ZIP archive.

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