Forex Venga Expert Advisor

Forex Venga Expert Advisor review:

The VengaFX Expert Advisor uses averaging positions.

It trades with the minimum risk on EURUSD, M15 time frame.

The Expert Advisor employs its own entry and exit algorithms.


  • Risk – risk percentage per trade based on the balance (default value: 5).
  • MaxLotValue – maximum lot size.
  • LotMultiplier – this parameter is used for calculation of lot for the next position (default value: 1.5).
  • MinStepLock – dynamic step between trades in points (default value: 5).
  • MinTakeProfit – dynamic Take Profit for all orders in points (default value: 12).
  • Comments – comment to an order.

Minimum Requirements:

  • Platform: MetaTrader 4.
  • Account type: micro account, mini account or standard account.
  • Minimum deposit: 10000 USD/Cent.

Expert Advisor features:

  • ECN broker support.
  • Automatic detection of decimal places in prices – 4 or 5 digits.
  • 100% automated trading.

Test results:

Forex Venga Expert Advisor


Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Experts (paste here)

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