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Veltro Cycleripper MT5

49 USD

Demo downloaded: 10

Published: 19 July 2024

Current version: 1.2

Veltro Cycleripper MT5

Experts
Evren Caglar
Version: 1.2
Updated: 20 July 2024
Activations: 5

We continue to exploit market inefficiencies and add one more quant algo trader in our portfolio. Veltro Cycleripper is developed to address and exploit market inefficiencies in the EURUSD market on H1 timeframe.

Veltro enters trades with limit orders and manages orders with a trailing stop loss system. Every order comes with TP and SL levels straightaway. Like all our expert advisors Veltro does not use grid or martingale trading systems.

Safety Comes First

Veltro also bases on probability and percentile theories. Market inefficiency does not show up very often but when it appears, the win rate is very high and Veltro can generate x10 times risk-reward ratio.

Thanks to its robust algorithm, it can operate successfully under stressful trading conditions. Like all our expert advisors, Veltro has survived the financial meltdown period of Covid-19 Pandemic and 2021-2023 Financial Meltdown periods.

Rigorous Testing Procedures in Our Artificial Trading Laboratories

In physician sciences, limitless experiments can be conducted in laboratories. However, we have no such opportunities in the science of finance. The truth is that we have no laboratories in finance where thousands of experiments could be conducted in the “real trading environment”. Trading models are developed and tested with the history data which is the bad approximation of the real data flow and trading conditions.

Therefore, it is necessary to use special tools and methods in the development and testing phases of trading models. In Institution Breaker, thousands of dollars have been spent to develop artificial finance laboratory that mimics the behavioral characteristics of real trading environments. Our all trading models have been created and tested in this laboratory. Our trading models must pass difficult challenges in order that they perform well and generate consistent profits not only in the history data but also in the real trading environment.

Veltro Cycleripper has successfully passed our rigorous testing procedures and ready to show the same consistent performance in real trading.

More Opportunities Come with Portfolio Diversification

Veltro is our 5th algo trading algorithm together with other 4 expert advisors:

Cybele Unbound EA for Nasdaq trading,

Secutor EA for Dax trading,

Cipher EA for Gold trading,

Cipher Chase EA for Silver trading.

These four expert advisors together provide x13 return in 3.5 years with max DD of $835. We now enhance this portfolio return with the Veltro that operates in the forex market.

Before First Time Use The Veltro Cycleripper

We aim for 100% customer satisfaction with our products. We want Veltro Cycleripper to provide maximum benefits to every user. Therefore, you can always consult us on how to correctly setup the Veltro for your broker and with your risk limits.

We also kindly note that given its unbeatable performance and reliability, we offer Veltro Cycleripper with a deep discount for an introductory price.

1. After you purchase, you can contact me for installation and/or face to face remote help. It is pre-defined for EURUSD H1 charts. No set file is required.

2. We recommend testing Veltro Cycleripper in your broker without purchase and make sure it satisfies your expectations.

3. We recommend using Veltro Cycleprippe in a demo account for at least 2-3 weeks before you put it in a real account.

4. Recommended balance is $100 for 0.01 lot.

5. Always double check the magic number, lot size and the time frame.

6. You can improve the return with portfolio diversification. Please consider using our other expert advisors.

7. You can join the Institution Breaker's private community after purchasing the product. Only verified users can join. Just PM me after the purchase for the details.

Parameter Description

Parameter	Description	Settings
Bars Valid	Number of bars the limit orders will be valid. Default value is 7. After 7 bars, if not filled, order is cancelled.	Number
Turbo Mode	When it is true, Veltro continues to open positions as long as trade signal continues. On default mode the Turbo mode is off.	True/False
Exit After Bars	After entering a trade, the position is closed regardless of the profit or loss after certain bars. Default value is 6.	Number
Move SL to Breakeven	After a certain point gain, SL is moved to breakeven. The default value is 55.	Pips
Add to Move SL Coefficient	With this twist, the stop loss isn’t just moved to entry price; it’s shifted a few extra pips beyond that.	Coefficient
Add to Move SL ATR Period	ATR period of the twist above.	Number
Profit Target ATR Coefficient	Profit target ATR coefficient.	Coefficient
Profit Target ATR Period	Profit target ATR period.	Number
Stop Loss ATR Coefficient	Stop loss ATR coefficient.	Coefficient
Stop Loss ATR Period Coefficient	Stop loss ATR period.	Number
Linear Weighted MA Period	Period of Linearly Weighted Moving Average.	Number
Limit Time Range	You can limit the operations of Veltro within a certain time period. You need to match time with broker's time.	Time

Can and How Veltro Cycleripper Be Used In Prop Trading Challenges?

Veltro Cyclepripper can be used with prop trading challenges. In my this article I explain how to setup a meta trader expert advisor to be used with prop trading accounts:

https://www.mql5.com/en/blogs/post/757739

Final Words

I kindly underline that our risk is the only thing we can control in financial markets. Therefore, appropriate risk management is the beginning of everything in financial markets. The foundation of wealth stems from the aggregation of small gains over time. We advise you do not take aggressive risks with Veltro Cycleripper.

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Aura White Edition is unique Expert Advisor that continues the Aura series of advisors. The Expert Advisor is based on the engine of Aura Black Expert Advisor , but with a number of changes and author's settings for currency pairs. Innovative methods of the programme's approach to trading, and promising performance results are possible thanks to the use of modern technologies and methods. Aura White Edition is a fully automated EA designed to trade currencies only. Working pairs EURUSD, GBPUSD,

999 USD

The Cipher Hybrid-HFT Gold Trader: The Power of Probability Theory and Price Action Principles The vast majority of technical indicators are the same age as dinosaurs. Also, many retail traders are not aware of this fact: most technical indicators are developed for the stock market - not for the forex and not for the metals market. The apparent fact that you can not achieve consistent success in the metal market with old technical indicator theories and with the tools developed for stock marke

79 USD

Cipher Chase is the latest generation of trading algorithm based on probability theory and price action principles. It is particularly calibrated to trade Silver prices and developed by a team of qualified traders. Like our all trading algorithm, w ithout optimization for these specific periods, Cipher survives 2020 Covid 19 collapse and 2022 financial meltdown periods. Cipher Chase is a derivative of Cipher Hybrid-HFT Gold Trader which can be found here: Cipher Hybrid-HFT Gold Trader. Instit

79 USD

Cybele Unbound: The Power Of Professional Traders Is In Your Hands Cybele Unbound is an artificial intelligent quant trading bot built on the price action and probability theories with the way of institutional trading. It continuously adapts the changing market conditions and tightly manages the risk. It does not rely on martingale and grid strategies and can be used for prop trading challenges. Cybele Unbound continuously analyzes the market to find out who is controlling the price action - bu

119 USD

Cybele: The Less is More Do you ever think, if you really need to open many positions to make mo ney? Or have you ever thought that it could be better to open one position to make $80 instead of opening 80 positions to make $80. Which is better for you? In the first trading approach you take the risk only one time in a good quality trade setup. In the second approach, you take the risk 80 times in low quality trade setups. The most professional traders prefer the first approach and they patie

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Why Secutor and If It Can Be Used With Prop Trading Challenges? One of the dirty truths of financial markets is that reliable scalping and high frequency trading algorithms depend on highly complex mathematical functions created by the hands of the brightest minds of programmers and mathematicians. In the world of institutional trading, 50-60 year old technical analysis tools are never used for the validation of any trade decision. We took the institution way in the development of Secutor EA.

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Version 1.2 2024.07.20

Performance improvements.