Venom Crown EA V1.1 MT4 is a premium Expert Advisor engineered for MetaTrader 4, designed to harness grid and martingale techniques alongside an integrated news filter. Since its December 2025 release, it has gained attention among H1 traders seeking a balanced blend of aggressive recovery and disciplined profit locking. In this in-depth review, we’ll explore how Venom Crown EA V1.1 works, why its news-aware design can reduce drawdowns, and how to configure it for optimal performance.


Overview of Venom Crown EA V1.1
At its core, Venom Crown EA V1.1 employs a semi-aggressive grid strategy: pending orders are placed at fixed intervals (default 30 pips), each targeting a modest take-profit (default 15 pips). If a trade moves against the position, the EA adds another pending order, building a grid. To manage the escalating risk, position sizes follow a Fibonacci progression rather than a strict martingale multiplier—mitigating explosive lot jumps while still enabling recovery of losing sequences.



Key Features



  • Integrated News Filter
    – Sources high-impact events from Forex Factory and DailyFX.
    – Automatically pauses order entries during scheduled high-volatility windows.

  • Dynamic Profit Lock
    – Locks a configurable percentage of accrued profit (default 60%) when the account equity exceeds the grid’s unrealized drawdown.

  • Fibonacci-Based Positioning
    – Uses a sequence of lot sizes (0.1 → 0.1 → 0.2 → 0.3 → 0.5…) to refill grid legs.

  • Equity-Based Auto-Stop
    – Optional account-level profit cut (default +1%) and risk cut thresholds ensure full-account safety if customized.

  • Built-In Backtesting Data
    – Bundled CSV file includes quarterly news events from 2022 to 2025 for realistic strategy testing in MT4’s strategy tester.


Recommended Settings
When applying Venom Crown EA V1.1, begin with these conservative defaults on GBPUSD or USDJPY (H1):



  • Grid Distance: 30 pips

  • Take-Profit per Order: 15 pips

  • Profit Lock Threshold: 60%

  • Maximum Grid Levels: 5

  • Minimum Lot Size: 0.1

  • Equity Stop-Loss: 50% (adjust to risk tolerance)

  • News Filter: Enabled for high-impact events


Fine-tune the grid distance and take-profit based on spread and volatility of your chosen broker. Test variations in a demo account for at least one month before going live.


Backtesting Results
Independent backtests (2019–2025) indicate that, with news filtering enabled, Venom Crown EA V1.1 achieved:



  • Average monthly return: 4.2%

  • Maximum drawdown: 12.8%

  • Profit factor: 1.67


These figures reflect testing on GBPUSD (H1) with 99.9% tick data quality and spread simulation. Keep in mind past performance does not guarantee future results; always run your own tests.



Installation & Setup



  1. Copy VenomCrown_V1.1.ex4 into your MQL4/Experts folder.

  2. Restart MT4 and attach the EA to an H1 chart of your preferred pair.

  3. Load the provided .set file to import default parameters.

  4. Enable live trading, allow DLL imports, and confirm one-click trading settings.

  5. Verify that the news filter is connected by observing the “News” indicator on the chart.


Advantages



  • Reduces whipsaw losses around news events

  • Recovering losing sequences without exponential lot increases

  • Automatic profit locking secures gains early

  • Bundled news CSV enables realistic backtests


Disadvantages



  • Built-in martingale elements still carry high risk

  • Equity stop-loss default is set very high (user must adjust)

  • Requires disciplined capital allocation and broker choice

  • Premium pricing may deter beginner traders


Conclusion
Venom Crown EA V1.1 MT4 stands out for its thoughtful integration of news filtering and Fibonacci-based grid recovery. It is best suited for intermediate to experienced H1 traders on major currency pairs who understand the nuances of grid trading and are willing to manage risk actively. With careful parameter tuning and robust backtesting, Venom Crown EA can become a valuable asset in your automated trading arsenal.