Dark Venus EA is an Expert Advisor (EA) that combines a grid trading methodology with a Bollinger Bands-based strategy. It focuses on taking short-term profits through multiple small trades in ranging markets. The EA uses a fixed micro lot size and implements several safety features, including a break-even function and a 30% equity stop-loss, making it suitable for traders seeking steady intraday gains with managed risk.
1. Money Management Settings
- Lot Size: 0.01 (fixed lot, since Money Management = false)
- Max Percent Risk: 1.0
- Max Lot Amount: 0.0 (disabled)
👉 This setup prioritizes low-risk exposure per trade, with a fixed micro lot. Good for conservative trading but growth may be slower.
2. Grid Trading Settings
- Enable Grid: True
- Grid Orders Max Spread Conditions: True
- Grid Distance for Each Order: 10 points
- Max Orders in Grid: 50
👉 The EA is optimized for grid trading, spacing orders every 10 points with a maximum of 50 trades, making it aggressive during high volatility but riskier in trending markets.
3. Indicators & Signal Settings
- Bollinger Bands Enabled: True
- Strategy: “Sell Above and Buy Below”
- Period: 20, Deviation: 2.0, Applied to Close Price
👉 Dark Venus EA relies on Bollinger Bands breakout/reversal strategy, buying at lower bands and selling at upper bands, suitable for ranging markets.
4. Target & Stop Settings
- Take Profit (TP): 50
- Stop Loss (SL): 500
- Close Mode: Average Point Weighted
- Monetary TP/SL: Disabled
- Stop on Percentage Loss: Enabled at 30%
👉 With a small TP (50) and large SL (500), the EA scalps small profits but tolerates larger drawdowns. The 30% equity protection helps safeguard against account wipeouts.
5. Trading Time & Days
- Active Hours: 0–9 (server time)
- Active Days: Monday to Friday (Saturday/Sunday disabled)
👉 Restricting trades to weekdays and specific hours reduces exposure during low-liquidity sessions and weekend gaps.
6. Trading Directions
- Allow Buy: True
- Allow Sell: True
- Allow Hedge (Buy & Sell same time): True
👉 The EA can trade both directions simultaneously, making it flexible but potentially doubling drawdowns in strong one-way markets.
7. Additional Protections
- Average Virtual Trailing Stop: False
- Break Even: True at +17 points
- Forced Close on Friday: Enabled at 23:00
👉 These features protect against overnight risk, weekend gaps, and trend reversals, providing a layer of safety for long-term use.
✅ Conclusion – Is Dark Venus EA Reliable?
The Dark Venus EA combines grid trading with Bollinger Bands signals, focusing on short-term profits through multiple small trades. The conservative lot size (0.01) makes it suitable for small accounts, while risk is controlled through break-even activation and equity stop-loss at 30%.
However, traders should be aware that the large Stop Loss (500) vs. small Take Profit (50) creates an unfavorable risk-reward ratio, relying heavily on grid recovery mechanisms. This EA works best in ranging markets but may struggle in long, strong trends.
👉 In summary, Dark Venus EA is a semi-aggressive grid system with safety features, ideal for traders seeking steady intraday gains while accepting occasional higher drawdowns. For best results, use on low-spread pairs like EURUSD during active market sessions.
