Description
🔍 Introduction
The Viper EA v2.2 is a mean-reversion Expert Advisor for MetaTrader 4, optimized for the M15 timeframe. It operates during ranging market hours (typically 23:00–01:00 GMT+2, US DST), executing sharp reversal entries with high probability. If the trade goes against you, the EA activates a unique Recovery Mode to convert losing trades into profits. No martingale, no grid—just disciplined price action logic.
✅ Key Features
Employs mean reversion entries during low-volatility market hours
Activates Recovery Mode to recover from unsuccessful entries
Fully compatible with OneChartSetup, allowing use of multiple currency pairs on a single chart
Integrates AutoLot and AutoGMT management for balanced risk and news safety
Includes Stop Loss and Take Profit filters for every trade
Rigorously stress-tested with random settings to minimize over‑optimization
🔗 Official Source
The Viper EA MT4 v2.2 https://www.mql5.com/en/market/product/79114?source=Unknown#description
📊 Backtesting & Performance Insights
M15 timeframe performance is consistent across recommended pairs like EURAUD, GBPAUD, GBPCHF, EURCHF, and AUDCAD
Low-risk setup suggestions:
$150 capital for up to 4 pairs
$500+ for all supported pairs
Maximum drawdown around 6% documented
📦 Package Contents
The Viper EA v2.2.ex4 (MT4 executable, build 1420+ compatible)
No DLL required; Set files included for all supported pairs
Support for 20 different currency pairs under OneChart setup
⚙️ Recommended Settings
Setting Recommendation
Timeframe M15
Supported Pairs EURAUD, GBPAUD, GBPCHF, EURCHF, AUDCAD, AUDUSD, EURGBP, GBPCAD, etc.
Balance $150 for up to 4 pairs; $500+ for full multi-pair access
Broker Type ECN/Raw Spread with reliable fills
VPS Recommended to maintain consistent low latency trading





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