Dark Venus

[Tijl Casteleyn]

Hi Matt!

Thanks for the info, I don’t see the other set files you linked?
And would you suggest letting it run on .01 lot size even with the size of the account?

 

Tijl

[Marin Stoyanov]

Yes, I’m very sorry I didn’t include them. I’m not sure I can attach set files here…. There are some set files in the description of my videos about Dark Venus on YouTube. Give them an eye over to make sure you like / agree with them, do some backtesting and run them on Demo for a while to see how they go and if/when you’d like to run them on a live account.

There are different settings to enable or disable the grid management of the robots, or increase the distance between grids to make it take less trades when price is moving against the trades.

And it can still make nice profits on 0.01 lots, but they can also be large enough lotsizes to wipe out accounts too. Depending on your martingale multiplication sizing, there can be a big difference after a few multiples from 0.01 and 0.02. Times that by 9 negative and increasing trades and drawdowns, this EA can be a monster even on 0.01 lots.

Let me know if that makes sense or if you have any other questions.

Happy Trading

Matt

[Tijl Casteleyn]

Hi Matt!

I’ve been using the set files you/Petko added in the video from Jan 2024, so far all pairs worked very good for me. At first I did combine it with Forex Gold Investor (that made most of the profit) but not using it anymore, I know you know since when ;).

But to come back to the lot sizes I am currently using .05 with rest of the settings left untouched. Just because I think .01 is too low for darwinex to get allocation and get that 20% to get into gold tier.

Correct me if I am wrong 🙂

[Marin Stoyanov]

Hi Tijl!

Hahaha nice work. How’s it working for you? Can you share a FxBlue link so we can check your results?

I like your thinking regarding a DarwinEx Account. I’d love to hear about your successes. Nice goals btw. Yes, that Gold tier looks very nice! Go for it!

Warmly
Matt

[Tijl Casteleyn]

Hi Matt,

I actually made a new account, 5 days ago, with some other/new EA’s I am trying and had some luck with. You can check it on https://www.fxblue.com/users/darwinex100ktijl

EA’s I am using:
Alchemist FX
Dark Venus on XAUUSD / XAGUSD (this is doing extremely good)
Golden Pickaxe
Trend Power Bot (same firm behind Gold forex investor and diamond, but this ea is free)
Titan Oracle (first ever EA I bought from Telegram :>) -> This one is also doing very good

Since I refunded Gold Forex Investor and Diamond I am limited with the EA’s now.
Dark Venus I took less pairs (only 2) but this way I can put lot sizes around .1-.2.

This makes me 100-300 per day instead of 50 trades with .93 euro profit.

[Ivan Evtimov]

Hi Matt,

Hope you’re well. Regarding the account blow-up, could you pinpoint why the bot struggled, especially with silver being almost the only factor the second time around ? Additionally, what indicators do you rely on personally to identify abnormal market conditions, and how could you intervene accordingly?

Looking forward to your insights.

Best,

Ivan

[Farmer55]

Hi Matt.

(Sorry for my English, I´m using a translator).

I have a capital of €2000 and I want to distribute €1000 in EURUSD and €1000 in GBPUSD (under Dark Venus EA)

I am sure that this configuration can be made by modifying the parameters of the DARK VENUS MT5 EA, but I don’t know how to do it.

I think to modify the parameter: Money Management settings.

But since I don’t understand the use of lots well and everything is in English, I can’t adjust the EA to my needs.

Some Help?

Thanks!!

[o.gabor]

Hi Matt,

Which setting is responsible for max dropdown? could you please share your DD settings?

[Marin Stoyanov]

Nice work Andrew.
Can you share a backtest graph of results with us? and have you started demo testing on that? If/when you do, please included a FXBlue link so we can check it out.

Great thinking! I’d love to see it working.

150 min distance sounds like a good safety mechanism to reduce DD by a large factor.

[Marin Stoyanov]

Hi O.Gabor, quite a few settings make up the Max DD allowed in the account.

• Lotsize
• Grid distance
• Grid on or off.
• number of allowed trades on at once
• the percentage DD protections.
• … just to name a few

Have you performed any backtests to play with the behaviours of the EA over a fixed amount of time?
Perhaps screenshots in a document could help to analyse the best performing factors.

Then you’ll learn about the EA and understand how it works.

Does that help?

I’ve shared set files in the past with videos, and they worked for some time, but haven’t been bulletproof. So more analysis is required. Perhaps you can come up with better settings?

 

[Marin Stoyanov]

Congratulations MKFXTim!

How’d you go with your allocation?

Sorry for the late response. Great profile pic too.

Can you share some more about your settings? Or your profit factor / profits so far, FX blue results/link or anything like that?

Winning on DarwinEx?!??! Fantastic! I hope you have a long and happy profitable partnership with them.

 

[Marin Stoyanov]

Hi again MKFXTIM,

If you’ve managed to check out my vids, I run through the currencies and time frames that worked best in my backtesting with those settings. But please do your own testing, on your brokers, with your settings, to make sure you have a robust group of currencies/instruments for the trading environment.

M30

XagUsd  AudChf   AudJpy  GbpUsd  AudUsd  EurUsd  UsdCad  EurCad AudNzd AudSgd EurJpy XauUsd  EthUsd Ger30

M5

AudUsd   EurUsd  EurJpy  AudSgd  EurCaD  AudNzd  Ger30

That group seemed to work well for my settings. Let me know how your backtests turn out…

On MT5, in the strategy tester window, in “Optimisation” select “all symbols selected in marketwatch” and that will save you a BUNCH of time, so you can batch backtest. Make sure you’ve allowed 200,000 candles and scrolled back through time to load it all, or download all the history.

I hope that helps.

 

[Marin Stoyanov]

Hi Tom,

Do you have a pic of your settings?

I believe the highest leverage on BlackBull is 1:500. So I’ve been using that.

How much demo testing have you done? Are you comfortable with the results of it to jump to a live account? How long has it been running?

I’m not a financial advisor, so giving settings for a live account is outside my playground. I can assist with suggestions on your demo accounts for testing, but live accounts are your responsibility once you’re confident with the settings and behaviours of the EA.

[mkfxtim]

Thanks Matt, I did receive allocation however I noticed the risk engine was reducing things over time. So I’ve had to reduce the pairs and mix things up. But still testing what works best from an EA perspective. But that’s the fun bit right? I’ll post updates with fxblue etc soon

[Tijl Casteleyn]

Hi!

I actually opened a 50 USD cent account to see if I can make something out of it.

 

https://www.fxblue.com/users/tijlvenuslive

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