ICT Venom XAUUSD EA V1.0 MT5

Introduction

ICT Venom XAUUSD EA V1.0 MT5 is an automated trading system designed specifically for trading gold (XAUUSD) on the MetaTrader 5 platform. It is built around ICT (Inner Circle Trader) concepts such as liquidity sweeps, market structure shifts, and Fair Value Gaps. The system aims to automate institutional-style trading logic while maintaining structured risk management. It is optimized for gold’s volatility and performs best during high-liquidity trading sessions like London and New York.

Key Features

• ICT-based liquidity and market structure strategy
• Higher timeframe bias confirmation
• Fair Value Gap (FVG) entry model
• Automatic stop loss and take profit
• Percentage-based or fixed lot risk management
• Break-even and trailing stop options
• Spread filter to avoid high-cost entries
• Session filter (London and New York focus)
• Daily drawdown protection
• Daily profit target option
• Fully automated execution on MT5

Recommended Settings (Conservative Setup)

• Risk per trade: 1% to 2%
• Risk-to-reward ratio: Minimum 1:2
• Enable spread filter
• Enable session filter
• Enable break-even after 1R
• Use ECN broker with low spreads
• Run on M5 or M15 timeframe
• Use VPS for stable execution

Backtest Result

Backtest performance depends on broker data, spread conditions, and optimization settings. Under conservative risk:

• Moderate monthly returns
• Controlled drawdowns
• Profit factor above 1.3–1.8 (varies by data quality)
• Performance improves during trending or volatile gold markets

Advantages

• Emotion-free automated trading
• Structured institutional-style logic
• Optimized specifically for gold
• Built-in risk management tools
• Time-saving for busy traders
• Consistent rule-based execution
• Advanced MT5 backtesting compatibility

Disadvantages

• Performance depends on market conditions
• Sensitive to broker spread and execution speed
• Gold volatility can trigger sudden losses
• No guaranteed profits
• Requires proper configuration
• VPS recommended for stability
• Possible over-optimization in some versions

Installation & Setup Guide (MT5)

1. Download the .ex5 EA file.

2. Open MetaTrader 5.

3. Click File → Open Data Folder.

4. Open MQL5 → Experts folder.

5. Paste the EA file into the Experts folder.

6. Restart MT5.

7. Enable Algo Trading.

8. Open XAUUSD chart (M5 or M15 recommended).

9. Drag the EA onto the chart.

10. Configure risk and filter settings.

11. Enable live trading permissions.

12. Confirm the EA is active and running.

Support & Disclaimer

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

WhatsApp: Click here

Telegram Group: Join our community

Disclaimer: 

Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.