Venom Ultra Sniper EA — Multi-Pair Scalper with 10-Point Stop Loss

Venom Ultra Sniper EA is a MetaTrader 4 multi-pair scalping robot that trades EURUSD, GBPUSD, AUDUSD, and USDCAD simultaneously during a defined 15:00–21:00 GMT session window.

Live account data shows simultaneous basket positions across four pairs with per-trade profits reaching +908 USD against a fixed 10-point stop loss and 20-point take profit structure.

Key Benefits

• ✅ Defined Session Window: Trades only 15:00–21:00 GMT, concentrating exposure in peak London–New York overlap — positions do not carry overnight, limiting gap risk but reducing total trade frequency.
• ✅ Fixed SL/TP Ratio: Every trade carries a hard 10-point stop loss and 20-point take profit (1:2 R/R) — no floating basket without an exit, though tight stops in wide-spread conditions can trigger premature closes. Compare EA strategies
• ✅ Break-Even Automation: Moves stop to entry at 15 points in profit, locking partial gains before target — reduces realized loss on reversals but can exit trades that temporarily pull back before reaching TP.
• ✅ Multi-Pair Deployment: Runs EURUSD, GBPUSD, AUDUSD, and USDCAD concurrently from one chart — broader opportunity capture, but correlated USD pairs can open simultaneously, concentrating directional exposure.

This EA requires MT4. Need MT5 platform support? Browse MT5 alternatives

Venom Ultra Sniper EA Performance

Live session data from December 2022 shows concurrent positions across AUDUSD, GBPUSD, and USDCAD with individual trade profits up to +908.49 USD on a 1.19 lot size, alongside a small number of losses down to -37.29 USD per trade.

The EA opened two positions per pair on AUDUSD and GBPUSD simultaneously during the documented session — identical entry prices suggest a grid or averaging entry, not independent signals.

AUDUSD and GBPUSD both carried sell positions at the same time during a USD-strength move, meaning correlated exposure is not diversification — it is compounded directional risk on a single USD driver.

This is a structural characteristic of the multi-pair design, not a configuration error. Running Total_trades_at_once: 1 per pair limits this, though the live data shows this parameter was set above 1 in the documented session. Reducing simultaneous positions per pair directly limits correlated drawdown but also reduces the profit ceiling per session.

Available data covers a single December 2022 session snapshot — not enough to confirm full drawdown cycles, win rate, or performance across changing market regimes.

How Venom Ultra Sniper EA Works

• Mechanism: Scalps four USD-correlated pairs (EURUSD, GBPUSD, AUDUSD, USDCAD) during the London–New York session overlap, targeting short directional moves with a fixed 1:2 stop-to-target ratio. The strategy exploits intraday momentum during the highest-liquidity window of the trading day.
• Signal Trigger: Entry conditions are not publicly documented in available parameters — the EA uses an internal signal with Magic Number 1203 to identify and separate its own positions from manual trades.
• Position Close: Take profit fixed at 20 points; stop loss fixed at 10 points; break-even activates at 15 points in profit, moving the stop to entry before the 20-point target is reached.
• Exposure Limits: Total_trades_at_once controls simultaneous positions per pair — set to 1 in the input parameters, though live data shows multiple positions per pair were active during the documented session. No equity-stop or basket drawdown circuit breaker is documented in the available settings.
• ✅ Optimal conditions: Trending intraday momentum during London–New York overlap (15:00–21:00 GMT); consistent spreads below 1.5 pips on majors; stable USD directional bias across the session.
• ⚠️ Avoid when: High-impact news events cause spread spikes beyond 2–3 pips (the 10-point SL is vulnerable to spread-triggered stops); ranging markets with no sustained directional move during the session window.

Recommended Settings

Who Should Use Venom Ultra Sniper EA

• ✅ Running MT4 on a VPS with continuous uptime — the 15:00–21:00 GMT session window means missed connection = missed trades or unmanaged open positions.
• ✅ Using an ECN broker with spreads below 1.5 pips on EURUSD and GBPUSD — the 10-point stop loss is consumed by spread at anything wider, converting winning signals into stopped-out losses.
• ✅ Prepared to demo-test for a minimum of 90 days before live deployment — available performance data is from a single December 2022 session and does not confirm behavior across different market conditions.
• ✅ Comfortable with correlated multi-pair exposure — when USD moves sharply, EURUSD, GBPUSD, and AUDUSD positions open in the same direction simultaneously, concentrating risk rather than spreading it.

Performance documented with: Live MT4 account, multiple USD pairs, lot sizes 1.07–1.19, December 2022 session.

Product Download Package Includes

• ✅ Experts:
  • Venom Ultra Sniper EA (.ex4)
• ✅ Setfiles:
  • Risk 0.5.set

The download link will be sent to your email immediately after purchase, along with a video tutorial on how to install it.

Frequently Asked Questions