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    • #244603
      User AvatarTrader Matt
      Moderator

      Hi Everyone,

      This is to discuss the Dark Venus robot, parameters and results to see if we can all profit from it and lift everyone up.

      Set files can be shared, but please test them first. Your account is your responsibility.
      The set files are not recommendations, just sharing our best results so far. Past results do not indicate future returns.

      Let’s go!

    • #248605
      User AvatarBrian Goodfellow
      Participant

      Hello Matt! Thanks for alerting us to this fantastic robot! Just watched your latest YT video.

      Have you considered changing the Coefficient Grid Management to about 0.15 or 0.2 (to decrease the rate of martingale effect) and also increase the Min Distance Multiplier to 1.2 0r 1.3? (resulting in less trades in a trending market).

      I’m forward testing them currently…they’re still profitable but seemingly safer.

      • #248735
        User AvatarTrader Matt
        Moderator

        Thanks so much Brian!

        Well done, and great thinking.

        Safer is better. I like your style.

        I didn’t backtest all possibilites, so I really appreciate your suggestions.

        How are they going for you so far? How’s the forward testing going? And which broker’s data are you testing it on?

        Here are 2 set files that I prepared on friday with some DD protection on them.
        I haven’t tested them as yet. They have a -25% DD protection for the $3000 account on MT5 and a 2 or 3 % DD protection for a MT4 Prop firm account where -5% is the limit.
        I believe it’s a “daily shutoff” protection too, so if the market is going crazy, it won’t enter after already losing that amount.

        Feel free to test them and let me know how you go. I will be doing the same.

        Happy trading.

        Warmly
        Matt.

    • #248759
      User AvatarBrian Goodfellow
      Participant

      Hey Matt, thanks for the suggestions on the daily “shut-off”- I’ll set up some demo accounts on that.

      I’m currently forward testing a few variations on forex pairs on FBS demo accounts and will keep you all posted with results on the better ones.

      Cheers

      Brian

      • #249003
        User AvatarTrader Matt
        Moderator

        Fantastic Brian!
        I’m keen to see it all. Thank you.

    • #249093
      User Avatarmkfxtim
      Participant

      Thanks for the recent video Matt, I am running Dark Venus on my darwinex zero account. Its done well as I too have been using the max DD settings. It helps keep things ticking over, I am just short of the profit requirement to get allocation, so hopefully I will be ready for allocation by the end of the month.

    • #248744
      User AvatarTrader Matt
      Moderator

      Hi Tijl, congratulations on your successes with DarwinEx and Dark Venus, and sorry to hear about the $1000 live account. Did you learn something from it?

      Dark Venus can be bit of a beast, so perhaps going slower with it might be better in the long run, as this is a grid / martingale system, (which can be switched off) and can hit high DD quite quickly, depending on your lots and grid settings.

      I noticed quite a bit of DD atm on your account, so be careful. Do you have DD protection on the account now? I’ve included some new set files below, check them out, do some testing with them, backtesting, or on a demo etc, and let me know your thoughts. I hope they help.

      So maybe, for you, this could be a smaller gainer EA to work in as part of your strategy with other EAs? Use smaller, safer settings, to help it profit into the future.

      How does that sound?

      Happy Trading

       

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